Highlights
Great Unit Mix, Mostly Two-Bedroom Units
Garden-Style Building, First Floor Private Patios
Fenced Courtyard and Playground, Two Parcels
Nice Landscaping, Slight Pitched Roof
Garages, Separate Electric Meters
On-Site Laundry Room, Security Screen Doors


Description
The subject property is situated on two separate seven-unit parcels, offering a great unit mix of 10, two-bedroom units and four, one-bedroom units. The buildings are separately metered for electricity and master metered for gas. Each first level unit has a private patio, while all units have access to an on-site laundry facility and playground within a gated courtyard.

Located at 184 190 West Guinida Lane, this garden-style 14-unit complex is situated in a highly residential area of Anaheim. The apartment complex is conveniently located adjacent to Paul Revere Elementary and the YMCA. The area' s major cross street is Harbor Boulevard between Ball Road and Katella Avenue; near the Disneyland Resort, major shopping centers and entertainment venues that offer excellent employment opportunities for tenants.


Financial Summary

Actual                              Year 2012

Scheduled Gross Income    $205,800

Effective Gross Income      $195,660

Operating Expenses            $68,289

 Net Operating Income         $127,37

Description                        No. Units     Avg. Mo. Rent          Sq. Ft.
1 Bedroom & 1 Bathroom    4                 $1,100                     706
2 Bedroom & 1 Bath            10               $1,250                     860

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