3402 W Danbrook Avenue, Anaheim, California 92804, Anaheim, 92804 - bed, bath
ACTIVE$1,488,888
3402 W Danbrook Avenue, Anaheim, California 92804
0Bed
0Bath
3,144Sqft
9,583Lot
Price Vs. Estimate
The estimated value ($1,488,888) is $0 (0%) lower than the list price ($1,488,888). This property may be overpriced.
Key pros and cons
Top Pros:
Multi-Unit Income Property: The property is a triplex, offering multiple income streams and strong potential for cash flow from three distinct rental units.
Top Cons:
Past Water Leak: Unit #1 previously experienced a water leak, which, despite being repaired, could raise concerns about potential future issues or underlying damage.
Compared to the nearby listings
Price:$1.49M vs avg $965.0K (+$523,888)98%
Size:3,144 sqft vs avg 1,533 sqft96%
Price/sqft:$474 vs avg $63010%
More Insights
Built in 1961 (64 years old).
Condition: Built in 1961, this property is aged but appears to have been maintained with some minor updates. The kitchens and bathrooms are functional but clearly outdated in style and features, with older cabinetry, countertops, and fixtures. The visible reliance on window AC units suggests an outdated cooling system. While some laminate flooring has been installed, the property has not undergone a recent extensive renovation, aligning with the 'fair' condition criteria of requiring minor updates and showing signs of age with functional but outdated major components.
Year Built
1961
Close
-
List price
$1.49M
Original List price
$1.49M
Price/Sqft
$474
HOA
-
Days on market
-
Sold On
-
MLS number
PW25075816
Home ConditionFair
Features
Patio
View-
About this home
Here's your chance to acquire a triplex located in an Anaheim neighborhood. All units are in fair condition features large, fully enclosed private patios - ideal for tenants and added privacy. Unit #1 Spacious 3- Bedroom, 2 bathroom Unit. 1,394sqft featuring: a cozy fireplace, 2 car garage. Unit #2 the middle unit features 2 bedroom, 1 bathroom unit with 875sqft. This unit shares a 2-car garage with Unit #3. Unit #3 located at the rear of the property and attached to the shared garage, features: 2 bedroom, 1 bathroom unit offers 875sqft. Additional income is generated through a shared laundry area. Please note:unit 1 previously experienced a water leak, which has been repaired.
Condition Rating
Fair
Built in 1961, this property is aged but appears to have been maintained with some minor updates. The kitchens and bathrooms are functional but clearly outdated in style and features, with older cabinetry, countertops, and fixtures. The visible reliance on window AC units suggests an outdated cooling system. While some laminate flooring has been installed, the property has not undergone a recent extensive renovation, aligning with the 'fair' condition criteria of requiring minor updates and showing signs of age with functional but outdated major components.
Pros & Cons
Pros
Multi-Unit Income Property: The property is a triplex, offering multiple income streams and strong potential for cash flow from three distinct rental units.
Diverse Unit Mix: Features a spacious 3-bedroom, 2-bathroom unit (1,394 sqft) alongside two 2-bedroom, 1-bathroom units (875 sqft each), appealing to a wider range of tenants.
Private Outdoor Spaces: All units benefit from large, fully enclosed private patios, enhancing tenant privacy and desirability.
Dedicated Parking: Unit #1 includes a 2-car garage, and Units #2 and #3 share a 2-car garage, providing essential off-street parking for residents.
Additional Income Source: A shared laundry area generates extra income, contributing to the property's overall profitability.
Cons
Past Water Leak: Unit #1 previously experienced a water leak, which, despite being repaired, could raise concerns about potential future issues or underlying damage.
Shared Garage Arrangement: The shared 2-car garage between two units (Unit #2 and #3) might lead to tenant coordination challenges or potential disputes over parking access.
Property Age & Condition: Built in 1961, the property's 'fair condition' suggests it may require ongoing maintenance or cosmetic updates to optimize rental value and address potential issues associated with older infrastructure.