This downtown Anaheim landmark, known as the Samuel Kraemer Building, was the first high-rise in Orange County. It is listed on the National Register of Historic Places and is a key element of the Anaheim Colony Historic District. Built in 1924 by rancher and land baron Samuel Kraemer, the building is 33,860 square feet, which features a mix of residential and commercial tenants, with 24,829 square feet of leasable space. It was completely renovated and upgraded in 2003 and has preserved its unique architectural heritage while incorporating modern building and life-safety systems.
The floor plates are utilized as commercial tenants in the Basement, First, and Mezzanine which include local businesses and the Anaheim Chamber of Commerce, with floors two through six featuring 20 highly upgraded residential units. The residential units were built to condominium specifications with amenities such as granite counter tops, forced air conditioning, ceiling fans, Berber carpet, and simulated wood floors. All residential units also feature en-suite laundry with stacked washer/dryers.
Age: Over 50 Years Old
Amenities: Ceiling Fan
Appliances: Dishwasher, Range - Electric, Refrigerator
A single story building features 4 units and 6 car garages with new exterior paint on a large corner lot. Each unit has 2 bed + 1.5ba, living room with fireplace, interior private courtyard patio, laundry room with washer hook up, and individual water heater. Tenants pay their gas and electric.
Location is close to Disneyland and easy access to freeway 5 & 91, banks, schools, churches,....
Prime Location near Disneyland; easy to rent. Nearby freeways, parks and schools. Bread and butter units: one bedroom and one bath apartments with assigned parking spaces. Easy to maintain. If you are looking for a great building to add to your portfolio or 1031 exchange to earn more cash on cash..this is it!
Investment Opportunity near to Disneyland, Frwys, Hospital, Market, Association $950 per month for 4 units.
Association cover the exterior maintenance, common areas, electricity and insurance. All units are rented for $1300 each except unit # 3 for $950 to a family member. buyer to investigate all aspects, including but not limited to zoning, usage, easements and any official records with appropriate governmental agencies to satisfy themselves. Units will NOT be delivered vacant, ANNY ANNUAL INCOME AND EXPENSES WILL BE PROVIDED UPON REQUESTED !!