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2041 Sprague Lane
Anaheim, CA 92802
Sold
Excellent Investment/Development Opportunity with Many Options for Huge Gains on this property w/Oversized Lot! Planning Department Pre-Approved! Being Sold w/ Ready-to-Issue (RTI) from Planning Departments (in process) to Develop two (2), 800 sf 2 Bed/2Bath ADU’s, 12 New Parking (6 Garages / 6 carports), four (4) Storage units (income), & Laundry Room (income)!! This garden-style two-story walk-up 4-plex consists of 4 units, all units - 2 bed / 2 bath, w/big front patios, six (6) - 1-car garages located on a Huge Lot at the end of the Cul-De-Sac! Has an onsite laundry room w/Brand New (owner owned) coin-op machines w/great revenue! All units are occupied w/great Long Term Tenants w/significant upside in rents for the future! Following Renovations were done July 2023, New ridge caps on roof, New Water Heaters, exterior paint, metal rails/fencing painted, 2 brand new coin-operated washer & dryer, concrete repair/surfacing on stairs & patios, & landscape. This lot is Zoned for 7 units! or outfitted for two (2) 800 sq ft ADU’s. Being sold with permits to build two (2) ADU's and six (6) new garages. Near Disneyland Park, Angel Stadium, Anaheim Convention Center, the Platinum Triangle, Honda Center, and the future site of OC VIBE! making this a Very In-Demand Rental Market Now and in the Future! The property is also conveniently located Near CA-5 & CA-22, & CA-57
PROPERTY INFORMATION
| MLS # | PW23197727 | Lot Size | 10,019 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 1,675,000
Price Per SqFt: $ 436 |
DOM | 443 Days |
| Address | 2041 Sprague Lane | Type | Residential Income |
| City | Anaheim | Sq.Ft. | 3,844 Sq. Ft. |
| Postal Code | 92802 | Garage | 5 |
| County | Orange | Year Built | 1963 |
| Bed / Bath | 8 / 0 | Parking | 5 |
| Built In | 1963 | Status | Closed |
| Sold Date | 2024-03-25 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community, Dryer Included, Individual Room, Washer Included |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Gas Oven, Gas Range, Gas Cooktop, Water Heater |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| InteriorFeatures Information | Balcony |
| EntryLocation | Front |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 65 (Somewhat Walkable)
Transit Score: 100 (Rider's Paradise)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,787
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 03/25/2024 | Sold | $1,600,000 |
| 10/25/2023 | Listed | $1,675,000 |
Carl Lofton II
REALTOR®
(949)-348-9564
Questions? Contact today.
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Listing provided courtesy of Johnny Moreno, Realty Pro 100. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
