$1,800,000
- Beds
- Unknown
- sq ft
- 3,473
301 E Mills Dr, Anaheim, CA 92805
301 E Mills Dr
Anaheim, CA 92805
- 53 days on market
- Price drop $50,000↓
301 East Mills Drive is a 4-unit multifamily investment property located in Anaheim, California. Built in 1986, 301 East Mills Drive offers exclusively two-bedroom units with in-unit laundry hookups, private balconies, security doors, and dual-pane windows. Residents enjoy the property’s amenities including gated pedestrian access leading to a spacious common-area courtyard and ample garage parking, with two reserved spaces per unit. Additionally, each unit features an individual water heater. 301 East Mills Drive offers new ownership the opportunity to diversify the unit mix and increase potential rental income through the development of an accessory dwelling unit (ADU). Current ownership is working on the permitting process with the city for the ADU, which is planned to be approximately 512 square feet. This ADU structure already has its own electrical meter and water connection. The property is situated in an optimal North Orange County location, between Downtown Anaheim and Downtown Fullerton, and in close proximity of an abundance of parks, schools, and retail centers. Residents enjoy the property’s close proximity to a plethora or outdoor activities at La Palma Park and Dog Park, as well as Pearson Park, a 19-acre park featuring a 2,000 seat amphitheatre. Additionally, 301 East Mills Drive is within a 2-mile radius of numerous local hotspots including Anaheim Packing District, Anaheim Plaza, The Rinks - Anaheim ICE, Fullerton Town Center, and Fullerton Metrocenter. Finally, the property benefits from its proximity to State Route 91 and Interstate 5, connecting residents to employment hubs throughout Southern California. Given its optimal Anaheim location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 301 East Mills Drive.
Details
Property type
Apartment
Lot size
7,405.2 sq ft
Price per sq ft
$519
Year built
1986
Price History
06/19/2024
![CRMLS](/_next/static/media/crmlsLogo.7699ca4d.png)
CRMLS #OC24096662
Price change
$1,800,000
-2.7%
05/13/2024
![CRMLS](/_next/static/media/crmlsLogo.7699ca4d.png)
CRMLS #OC24096662
Listed
$1,850,000
Schools & Community
Neighborhood:
The Colony
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs, Sidewalks
Community features:
Curbs, Sidewalks
Status: Active
Tomo last checked: 07/04/2024 at 9:00 PM
Listing updated: 06/19/2024 at 4:03 PM
Listed by: Tyler Leeson, Marcus & Millichap RE Invest Phone #: (949) 419-3200
MLS: CRMLS #OC24096662
![CRMLS logo](/_next/static/media/crmlsLogo.7699ca4d.png)
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