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2041 S Sprague Lane, Anaheim, CA 92802
$1,600,000
2041 S Sprague Lane, Anaheim, CA 92802View this property at 2041 S Sprague Lane, Anaheim, CA 92802
2041 S Sprague LaneAnaheimCA92802
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Property Description
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
Full Property Details
Full Property Details for 2041 S Sprague Ln
General
- Sold For: $1,600,000
- Status: Closed
- Type: Multi-Family
- MLS ID: PW23197727
- Added to Site: 204 day(s) ago
Interior
- Interior Features: Balcony
- Fireplace(s): None
- Appliances: Gas Oven, Gas Range, Gas Cooktop, Water Heater
Rooms
Other Rooms
- Laundry: Community, Dryer Included, Individual Room, Washer Included
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
- Parking Features: Garage, Garage Faces Rear
- Parking: Garage, Garage Faces Rear
Location
- Area: 78 - Anaheim East of Harbor
- County: Orange
- Development Name: 78 - Anaheim East of Harbor
- Driving Directions: On Orangewood Avenue going west pass the 5 Fwy and turn right on Sprague Lane/On Orangewood Avenue going east pass Harbor Blvd and turn left on Sprague Lane.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,844
- Year Built: 1963
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.23
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre, Cul-de-Sac, Front Yard, Sprinkler System, Sprinklers Timer
Financial Considerations
- Price Per Sq. Ft.: $416.23
- Price Per Unit: 418750
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Realty Pro 100, Johnny Moreno and Realty Pro 100, Gene Tsair
Sold by Nationwide Realty Inc., Mina Saghafi
Get Pre-Approved Today
Schools
Schools serving 2041 S Sprague Ln
School Districts:Anaheim Elementary School District, Anaheim Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
2135 S Mountain View Ave, Anaheim, CA 92802 | K-6 | 0.2 mi | |
2320 E South St, Anaheim, CA 92806 | 7-8 | 2.7 mi | |
2200 E Wagner Ave, Anaheim, CA 92806 | 9-12 | 2.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2041 S Sprague Ln
Date
Details
Price
Change
Source
3/25/2024
Sold
$1,600,000
-4.48%
MLS
10/25/2023
Listed
$1,675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2041 S Sprague Lane, Anaheim, CA 92802 (MLS# PW23197727) is a Multi-Family property that was sold at $1,600,000 on March 25, 2024. Want to learn more about 2041 S Sprague Lane? Do you have questions about finding other Multi-Family real estate for sale in Anaheim? You can browse all Anaheim real estate or contact a Coldwell Banker agent to request more information.