2041 Sprague Lane, Anaheim, CA 92802

Photo 1

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


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Features Balcony
Cooling Type Wall/Window Unit(s)

Listing Information

Address 2041 Sprague Lane
City Anaheim
State CA
Zip 92802
County Orange
Listing Agent Johnny Moreno DRE #01900446
Co-Listing Agent Gene Tsair DRE #01843673
Courtesy Of Realty Pro 100
Close Price $1,600,000
Status Closed
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 10,019
Year Built 1963

Listing information courtesy of: Johnny Moreno, Gene Tsair, Realty Pro 100. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 27th, 2024 at 4:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.