1030 W Romneya Drive, Anaheim, California 92801, Anaheim, 92801 - bed, bath
ACTIVE$1,499,880
1030 W Romneya Drive, Anaheim, California 92801
0Bed
0Bath
2,612Sqft
7,841Lot
Year Built
1958
Close
-
List price
$1.5M
Original List price
$1.59M
Price/Sqft
$574
HOA
-
Days on market
-
Sold On
-
MLS number
OC25029202
Home ConditionExcellent
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.50M(75th), sqft - 2612(50th), beds - undefined(50th), baths - undefined(50th).
1030 W Romneya Dr., Anaheim, CA 92801 For Sale Fourplex consists of Two, two-bedroom units, one bathroom, and Two, one-bedroom units with one bathroom. One car garage for each unit. Close to many shopping centers. Complete remodel with new concrete driveway, new windows, new fence. Tankless water heaters in 3 units, mini splits. New kitchen cabinets, artificial grass. No watering or maintenance. All on one level with no stairs. No one above or below. Dont miss out. Close to 91 freeway, 5 freeway, Downtown Anaheim, Downtown Fullerton. Close to major shopping centers.
Condition Rating
Excellent
Despite being built in 1958, the property has undergone a 'complete remodel' as stated in the description, which is strongly supported by the images. The kitchen features new grey shaker cabinets, modern stainless steel appliances, solid surface countertops, and contemporary flooring. Mini-split systems provide modern heating and cooling, and tankless water heaters are installed in three units. New windows, fencing, and artificial grass further enhance the property's updated condition. The overall aesthetic is fresh, modern, and move-in ready, indicating an extensive renovation likely completed within the last 5 years, bringing all components to current quality standards.
Pros & Cons
Pros
Income-Generating Quadruplex: The property is a fourplex, offering significant investment potential with four distinct rental units (two 2-bedroom, two 1-bedroom), each with its own garage.
Extensive Recent Remodel: Features a complete remodel including a new concrete driveway, new windows, new fence, and new kitchen cabinets, reducing immediate capital expenditure for a new owner.
Modern Unit Upgrades: Three units are equipped with tankless water heaters and all units benefit from mini-split systems, enhancing tenant comfort and energy efficiency.
Prime Location & Accessibility: Strategically located with easy access to major freeways (91, 5), numerous shopping centers, Downtown Anaheim, and Downtown Fullerton, appealing to a broad tenant base.
Low Maintenance Exterior: The installation of artificial grass eliminates watering and landscaping maintenance costs, contributing to higher net operating income and ease of management.
Cons
Age of Structure: Built in 1958, the underlying structure is over 60 years old, which, despite recent remodels, might imply potential for unseen issues with core systems not explicitly mentioned as updated.
Limited Bathroom Count: Each unit is configured with only one bathroom, which could be a drawback for some prospective tenants, particularly for the two-bedroom units.
Partial Tankless Water Heater Installation: While three units have tankless water heaters, the description does not specify the status of the fourth unit's water heater, potentially indicating an older or less efficient system for that unit.