Property Description 1204 N Brookhurst Street, Anaheim, CA 92801
Prime location! Unique opportunity to develop your own housing compound or an income-producing investment. The property featuring an oversized lot with ample useable land in the heart of Anaheim. Located nearby the 5 and 91 Freeways, Disneyland, Dad Miller Golf Course, Home Depot, shopping centers, church, this property is perfect for investors or developers. A nearly 20,000 sq ft raised, flat, rectangular lot is in the process to split into two parcels and to build 2 single-family homes, each with an ADU unit. The SFD plan is called for two 2-story 2,300 sqft of living space, 4bed/3ba, plus two 1,000 -1,200 sqft ADU of 2bed/2bath. Extremely rare find in this area, a great value of the land. Huge potential!! Projected rental income on the SFD is approximately $3,500-3,800.00/moper unit and the ADU unit is approximately $1,800.00-$1,900/mo per unit. TOTAL gross rental income for 2 units is $10,200 to $11,400/mo. Value is mostly in land, even though the 3- car garage is newly built in 2018. Couple of sellers are California Real Estate brokers.