$1,799,000
For Sale

301 E Mills Drive

Anaheim, CA 92805
0.17 acres | #OC24096662
Listing OfficeMarcus & Millichap RE Invest
Browse 18 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

301 East Mills Drive is a 4-unit multifamily investment property located in Anaheim, California. Built in 1986, 301 East Mills Drive offers exclusively two-bedroom units with in-unit laundry hookups, private balconies, security doors, and dual-pane windows. Residents enjoy the property’s amenities including gated pedestrian access leading to a spacious common-area courtyard and ample garage parking, with two reserved spaces per unit. Additionally, each unit features an individual water heater. 301 East Mills Drive offers new ownership the opportunity to diversify the unit mix and increase potential rental income through the development of an accessory dwelling unit (ADU). Current ownership is working on the permitting process with the city for the ADU, which is planned to be approximately 512 square feet. This ADU structure already has its own electrical meter and water connection. The property is situated in an optimal North Orange County location, between Downtown Anaheim and Downtown Fullerton, and in close proximity of an abundance of parks, schools, and retail centers. Residents enjoy the property’s close proximity to a plethora or outdoor activities at La Palma Park and Dog Park, as well as Pearson Park, a 19-acre park featuring a 2,000 seat amphitheatre. Additionally, 301 East Mills Drive is within a 2-mile radius of numerous local hotspots including Anaheim Packing District, Anaheim Plaza, The Rinks - Anaheim ICE, Fullerton Town Center, and Fullerton Metrocenter. Finally, the property benefits from its proximity to State Route 91 and Interstate 5, connecting residents to employment hubs throughout Southern California. SB-721 Balcony Work & Inspection Completed.

  • Property Details
      • Lot DescriptionStreetLevel
      • Stories1
    • Measurements
      • Acres0.17
    • Parking
      • Parking Spaces10
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1986
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • Subdivision, Other
    • Location
      • CountyOrange
  • Financial Details
      • Original List Price$1,850,000
  • Other
      • MLS #OC24096662

Location

Shane FalkensteinReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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