1221 S Sunburst Way, Anaheim, California 92806, Anaheim, 92806 - bed, bath
ACTIVE$1,749,000
1221 S Sunburst Way, Anaheim, California 92806
0Bed
0Bath
4,217Sqft
8,712Lot
Year Built
1977
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$415
HOA
-
Days on market
-
Sold On
-
MLS number
PW25013534
Home ConditionFair
Features
Deck
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.75M(83th), sqft - 4217(67th), beds - undefined(50th), baths - undefined(50th).
Great Investment Opportunity in the City of Anaheim, close to 57 Freeway and other Amenities like Anaheim Arena, Anaheim Stadium, Disneyland and lots of other Entertainment Centers. All units have laundry hookups.
Condition Rating
Fair
Built in 1977, this property is nearly 50 years old. The exterior images show a dated appearance with older paint colors and visible window AC units, suggesting original or older cooling systems. There are no interior images, and the listing description provides no details about recent renovations. The property analysis explicitly notes a 'Lack of Renovation Details' and the potential for 'older systems' and 'deferred maintenance.' While likely functional, the property's age and lack of documented updates indicate that kitchens, bathrooms, and other interior components are likely outdated and would require significant cosmetic and functional updates to meet modern standards.
Pros & Cons
Pros
Investment Opportunity: Explicitly marketed as a 'Great Investment Opportunity,' indicating potential for rental income and capital appreciation in a desirable area.
Strategic Location & Accessibility: Conveniently located close to the 57 Freeway, offering excellent connectivity for residents and easy access to surrounding areas.
Proximity to Major Attractions: Situated near prominent entertainment centers such as Anaheim Arena, Anaheim Stadium, and Disneyland, enhancing tenant appeal and potential for short-term rental opportunities (subject to local regulations).
Income-Generating Property Type: As a quadruplex (Residential Income property), it provides multiple rental units, offering diversified income streams and a hedge against vacancies.
Tenant-Friendly Amenities: All units are equipped with laundry hookups, a highly desirable feature for tenants that can attract quality renters and potentially command higher rents.
Cons
Age of Property: Built in 1977, the property is nearly 50 years old, which may imply older systems (plumbing, electrical, HVAC) and potential for deferred maintenance or the need for significant capital expenditures in the near future.
Lack of Renovation Details: The description does not mention any recent renovations or upgrades, suggesting that units may require cosmetic or functional updates to maximize rental income and tenant satisfaction.
Absence of Financial Performance Data: Crucial financial details such as current rental income, occupancy rates, or cap rate are not provided, making it challenging for investors to immediately assess the property's cash flow and return on investment without further due diligence.