933 s. roberts street · anaheim also boasts world-class meeting and entertainment venues with the...

Property Highlights

E XC L U S I V E L I S T I N G | M U LT I FA M I LY O P P O RT U N I T Y

• 4.6% CAP Rate on Current Rents with Major Upside in Rents

• Garages

• Priced at $185,625/Unit

• Excellent Rental Location Near Schools and Major Employment

• Motivated Seller

933 S. ROBERTS STREET

8 UNITS

Anaheim, CA 92802

Specializing in the Sale of Multi-family Properties

4590 MacArthur Boulevard, Suite 260

Newport Beach, CA 92660

(0) 949.251.8800 • (f) 949.251.8899 • morganskenderian.com





This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers. Thematerial contained herein is confidential and the recipient agrees to keep all material contained herein confidential. Theinformation is furnished solely for the purpose of considering investment in the properties described herein and is not tobe copied and or used for any purpose or made available to any other person without the express written consent ofMorgan Skenderian. The information contained herein is not a substitute for a complete and thorough Due Diligenceinvestigation. The information contained in this package has been obtained from sources we believe to be reliable;however, Morgan Skenderian, its agents and Seller have not verified nor made any investigations as to the accuracy ofany information. Morgan Skenderian and Seller makes no warranty or representation whatsoever with regard to theaccuracy or completeness of the information, income or expenses for the subject properties, the square footage of theimprovements, future performance of the properties, the presence or absence of contaminating materials, asbestos,PCB's or molds and funguses or the compliance with the State and Federal laws. Any pro formas, projections, estimatesand assumptions used are for example only and do not necessarily represent the future success or performance of theproperties or real estate market.

DISCLAIMER

933 S. ROBERTS STREETAnaheim, CA 92802

PLEASE DO NOT DISTURB TENANTS





DEMOGRAPHICS 1 Mile 2 Miles 3 Miles

Total Households: 9,032 34,254 79,933

Total Population: 31,506 121,491 288,362

Average HH Income: $66,365 $66,883 $65,180

LOCATION OVERVIEWThe city of Anaheim is one of the nation's premier municipalities

and is one of California's most populous cities. Anaheim covers 50.8

square miles with 336,262 residents with approximately 51.5% as

renters and more than 2,950 city employees.

Anaheim supports a thriving business community with companies

such as Carl Karcher Enterprises, Inc., L-3 Communications, Pacific

Sunwear, and Disneyland Resort. The Walt Disney Company is the

city's largest employer and the Disneyland Resort itself contributes

roughly $4.7 billion annually to Southern California's economy and

produces $255 million in taxes every year.

A number of successful sports franchises call Anaheim home,

including Angeles Baseball, Anaheim Ducks, the U.S. Men's &

Women's National Volleyball Teams. Anaheim also boasts

world-class meeting and entertainment venues with the Anaheim

Convention Center, LEED-certified and the largest on the west

coast, Honda Center, City National Grove of Anaheim, Anaheim

Garden Walk, and Angel Stadium of Anaheim. In addition, Anaheim

embraces its vibrant cultural arts community, including the

world-renowned Anaheim Ballet. Anaheim welcomes millions of

visitors to the city, truly making it where the world comes to live,

work and play.

FINANCIAL OVERVIEWAfter a down payment of $519,750 (35%), the Buyer is to obtain a

new loan in the amount of $965,250 (65%). Said loan shall have an

interest rate of 3.850%, fixed for 5 years, amortized over 30 years.

Initial monthly payments to be $4,525.17.

PROPERTY DESCRIPTION






AMENITIES

• Garages

• Laundry

• Wall A/C

PROPERTY OVERVIEWNumber Of Units: 8

(8) 1BR/1BA

Year Built: 1960

Parcel Number: 250-151-09

Parking: (8) Garages

Exterior: Flat Roof

Lot Size: 9,215 SF

Net Rentable SF: 5,008 SF

Utility Metering Individually Metered forElectricity

Mastered Metered forGas

Unit Mix:

EXECUTIVE SUMMARY






SUBJECT PHOTOS






INVESTMENT OVERVIEW CURRENT

Price $1,485,000

Price per Unit $185,625

Price per SF $296.53

Current GRM 14.12

Market GRM 11.78

Current CAP Rate 4.6%

Market CAP Rate 5.9%

Cash-on-Cash Return 2.7%

OPERATING DATA CURRENT

Scheduled Gross Income $103,500

Laundry Income $600

Utility Income $1,092

Total Gross Scheduled Income $105,192

Vacancy (3%) $3,155

Gross Operating Income $102,036

Operating Expenses (32.2%) $33,889

Net Operating Income $68,147

FINANCING DATA CURRENT

Down Payment (35.0%) $519,750

Loan Amount (65.0%) $965,250

Debt Service Monthly $4,525.17

Debt Service Annually $54,302

FINANCIAL SUMMARY






Multi-Residential Information

Property Name No. Units Address City State

8 933 S. Roberts Street Anaheim CA

Price Cost/Unit GRM: Current Cap: Current Approx. SqFt Lot Size

$1,485,000 $185,625 14.12 4.6% 5,008 9,215 SF

Down Payment Percent Down GRM: Market Cap: Market Cost/SqFt Approx. Age

$519,750 35.0% 12.2 5.7% $296.53 1960

Proposed Financing

1st Loan Terms Monthly Pmt New / Ex / Private

$965,250 New 1st T.D., 3.850% 5 Year Fixed Rate $4,525.17 New

Scheduled IncomeCurrent Rents Market Rents

No. Units No. Bdrms/Baths Mo. Rent/Unit Monthly Income Mo. Rent/Unit Monthly Income(8) 1BR/1BA $1,045-$1,095 $8,625 $1,295 $10,360

Monthly Utility Income: $91 $91Monthly Laundry Income $50 $50

Monthly Rental Income $8,625 $10,360Monthly Scheduled Gross Income $8,766 $10,501

Annual SGI: $105,192 $126,012Utilities Paid By Owner: Gas, Water & Trash

Annualized Operating Data

CURRENTRENTS

MARKETRENTS

Scheduled Gross Income: $105,192 $126,012

Less Vacancy Reserve: 3.0% $3,156 $3,780

Gross Operating Income: $102,036 $122,232

Less Expenses: 32.2% $33,889 $33,889

Net Operating Income: $68,147 $88,342

Less Loan Payments: $54,302 $54,302

Gross Spendable Income: $13,845 $34,040

Cash on Cash Return: 2.7% 6.5%

Cap Rate: 4.6% 5.9%

Gross Rent Multiplier: 14.12 11.78

Estimated Expenses CURRENT

Taxes Estimated (1.09991%): $16,334

Special Assessments: $1,896

Insurance: $2,003

Utilities: $5,414

Maintenance & Repairs (7%): $7,143

Landscaping: $600

Admin/ Miscellaneous : $500Total Expenses: $33,889Expenses as % of SGI: 32.2%Expenses /Unit/Yr: $4,236Expenses /SF/Yr: $6.77

FINANCIAL DETAILS


The above information has been obtained from sources we believe to be reliable, but we do not accept responsibility for its correctness





INCOME SUMMARY CURRENT PER UNIT

Rental Income $103,500 $12,937

Laundry Income $600 $75

Utility Income $1,092 $136

SCHEDULED GROSS INCOME $105,192 $13,149

EXPENSE SUMMARY CURRENT PER UNIT

Taxes Estimated (1.09991%) $16,334 $2,041

Special Assessments $1,896 $237

Insurance $2,003 $250

Utilities $5,414 $676

Maintenance & Repairs (7%) $7,143 $892

Landscaping $600 $75

Admin/ Miscellaneous $500 $62

GROSS EXPENSES $33,889 $4,236

INCOME & EXPENSES






UNITNUMBER

UNITTYPE

CURRENTRENT

1 1BR / 1BA $1,095

2 1BR / 1BA $1,095

3 1BR / 1BA $1,065

4 1BR / 1BA $1,090

5 1BR / 1BA $1,095

6 1BR / 1BA $1,045

7 1BR / 1BA $1,045

8 1BR / 1BA $1,095

Totals $8,625

RENT ROLL






SUBJECT PROPERTY

933 S. Roberts Street | Anaheim, CA 92802

8No. Units:

1960Year Built:

UNIT TYPE RENT

1BR/1BA $1,045-$1,095

924 S. Arden Place | Anaheim, CA 92802

10No. Units:

1960Year Built:1

1UNIT TYPE RENT

1BR/1BA $1,225

1724 Ball Road | Anaheim, CA 92804

40No. Units:

1959Year Built:2

2UNIT TYPE RENT

1BR/1BA $1,325

1744 W. Ball Road | Anaheim, CA 92804

20No. Units:

1962Year Built:3

3UNIT TYPE RENT

1BR/1BA $1,299

RENT COMPARABLES







8No. Units:

1960Year Built:4

4UNIT TYPE RENT

1BR/1BA $1,271


8No. Units:

1959Year Built:5

5UNIT TYPE RENT

1BR/1BA $1,300

RENT COMPARABLES






SUBJECT PROPERTY


8No. Units: $1,485,000List Price:

1960Year Built: 4.6%Current Cap:

$185,625Price / Unit: 5.7%Market Cap:

$296.53Price PSF: 14.12Current GRM:

12.2Market GRM:

UNITS UNIT TYPE

(8) 1BR/1BA

1577 E. Benmore Lane | Anaheim, CA 92805

22No. Units: $4,140,000Sold Price:

1965Year Built: $245.14Price PSF:

$188,181Price / Unit: 4.15%Current CAP:

09/2017Closed: 13.89Current GRM:

1

1UNITS UNIT TYPE

(22) 1BR/1BA

925 W. La Palma Avenue | Anaheim, CA 92801





2

2UNITS UNIT TYPE

(6) 1BR/1BA

(4) 2BR/1BA

420 N. Vine Street | Anaheim, CA 92805





3

3UNITS UNIT TYPE

(9) 1BR/1BA

SALE COMPARABLES






2114 S. Mallul Drive | Anaheim, CA 92802





4

4UNITS UNIT TYPE

(8) 1BR/1BA

1172 W. Casa Grande Avenue | Anaheim, CA 92802





5

5UNITS UNIT TYPE

(12) 1BR/1BA

(4) 2BR/1BA





In EscrowClosed: 13.69Current GRM:

6

6UNITS UNIT TYPE

(40) 1BR/1BA


8No. Units: $2,000,000On Market:



On MarketClosed: 17.11Current GRM:

7

7UNITS UNIT TYPE

(6) 1BR/1BA

(2) 2BR/1BA

SALE COMPARABLES






SALE COMPARABLES






LOCATION MAPS






AERIAL MAP






RETAILER MAP


933 s. roberts street · anaheim also boasts world-class meeting and entertainment venues with the...

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