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7348 E Avenida Juarez Anaheim Hills, CA 92808

5 Beds 3 Baths 2,863 sqft Built 1975

$985,000

List Price

$4,170

$3.9K - $4.4K

Rent Est.

PROPERTY INFO

February 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1975
  • Price/Sqft : $344.04
  • 7 Days on Market
  • MLS # : PW21020199
  • Updated Date : 02/06/2021 at 18:46
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,863 sqft
  • Baths : 3 full
Listing Agent

Bhhs Ca Properties

Listing Agent's Description

Welcome to a Spacious 5 bedroom, 3 bath, POOL home in a sought after quiet neighborhood. The 2863Sqft. home is on a 7200sqft. lot. Excellent CURB appeal, with 3 car garage and 3 additional parking in the driveway. As you enter the beveled, leaded, double doors, you will be greeted with majestic cathedral ceiling and a sweeping grand spiral staircase. The entrance flows into a sunken formal living and dining area. The Kitchen has granite counters, gardener's window, butler's pantry and a walk in pantry to bring out the Chef in YOU!! The family room has a cozy granite fire place for relaxation. The sliding doors off of the family room leads to your own private RESORT!! With a heated pool, spa, fire pit, built in barbeque with plenty of seating areas around the pool and under the covered Patio. The home boasts a huge BONUS room on the second floor, which has potential to be a Home theater/media room or a game room. 4 bedrooms and 2 full baths are upstairs. The Master Bedroom has a walk-in closet and bath. Additional 5th bedroom and full bathroom downstairs, ideal as a guest room or for in-laws. The home has laminate, carpet and tile flooring. Enjoy Ceiling fans with light fixtures, recessed lights and abundant natural light from the windows. Great location!! Close to best schools, shopping centers, theater, restaurants and easy access to freeways. NO HOA!! Don't miss out on calling this house your HOME!!!

SEE MORE

MARKET HIGHLIGHTS

  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)
  • The area has major technology nodes of excellence: Los Angeles (Media and entertainment); Pasadena (High-tech engineering, data analytics); Riverside (Agtech, transportation/ distribution); San Diego (Healthcare, biotech, wireless communications); Irvine (Medtech, cyber security); El Segundo (Aerospace and defense IT, space transport) [BCG, 2018]
  • Southern California produces more technology PhDs per year than any other region in the country and many of the higher educated students stay within Souther California contributing to readily available workforce skills making the area more attractive than Silicon Valley (BCG, 2018)
  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 2018)
  • Southern California has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 2018)
  • Headquarters to several Fortune 500 companies: Amgen, Farmers Insurance, Walt Disney, Avery Dennison, Activision Blizzard, CBRE Group, Edison International, Molina Healthcare, First American Financial, Pacific Life, Qualcomm and Sempra Energy (Fortune, 2018)
  • Los Angeles has been awarded the 2028 Olympics under a funding commitment of $88 billion to upgrade the transportation infrastructure connecting disparate pockets of the metro area. This is expected to produce additional employment in the coming years. (BCG, 2018)
  • As part of Southern California area, Orange County market inherits all the benefits from the area.

PRICE & RENT TRENDS

Neighborhood: Anaheim Hills

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700k750k800k850k900kPrice in $230k922k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Anaheim Hills

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2160018002000220024002600280030003200340036003800Rent in $15963818

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
El Rancho Charter School Middle Charter 1,186 41 9
Canyon High School High Regular 2,338 86 9

El Rancho Charter School

  • Education Level: Middle
  • # of students: 1,186
  • # of teachers: 41
9
GreatSchools Rating

Canyon High School

  • Education Level: High
  • # of students: 2,338
  • # of teachers: 86
9
GreatSchools Rating
 

$886,500$1,083,500$985,000

PURCHASE PRICE

$3,753$4,587$4,170

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,170
EXPENSES Loan Payment -$3,421
Property Tax -$940
Property Insurance -$96
Property Management Fees -$204
CASH FLOW
-$492

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$985,000

PROJECTED PRICE

$4,170

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 5.4%
Maintenance Year (1-5) 8.00%
Vacancy 5.81%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$10k$0.0$10k$20k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$266,775

INVESTMENT

$266,775

Down Payment
$246,250
Rehab Estimate
$5,750
Closing Costs
$14,775

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$3,421

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $246,250
Loan Amount $738,750
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$26,164

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $4,170

    LIST RENT
  • $1.46

    LIST RENT PER SQFT
  • $4,123

    COMP ESTIMATED VALUE
  • $1.44

    COMP AVG. RENT PER SQFT
Comps Range
$3,600
1$3,6002$3,9003$3,9004$4,0005$4,170
$4,170
RENT COMPS ANALYSIS
  • 7348 E Avenida Juarez Anaheim Hills, CA 5
    • 5 beds 3 baths ∙ 2,863 Sqft ∙ Built 1975 5 beds 3 baths ∙ 2,863 Sqft ∙ Built 1975
    • Rent
    • Rent Per SQFT
    •  
    • $4,170
    • $1.46
    •  
  • 6315 Tiburon Yorba Linda, CA 1
    • 4 beds 3 baths ∙ 2,665 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,665 Sqft ∙ Built 1992
    LEASED 11/20/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.35
    •  
  • 241 S Leandro Street S Anaheim Hills, CA 2
    • 4 beds 2 baths ∙ 2,600 Sqft ∙ Built 1972 4 beds 2 baths ∙ 2,600 Sqft ∙ Built 1972
    LEASED 04/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.50
    •  
  • 20480 Via Zaragoza Yorba Linda, CA 3
    • 4 beds 2 baths ∙ 2,769 Sqft ∙ Built 1989 4 beds 2 baths ∙ 2,769 Sqft ∙ Built 1989
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.41
    •  
  • 6330 Golden Gate Drive Yorba Linda, CA 4
    • 4 beds 3 baths ∙ 2,665 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,665 Sqft ∙ Built 1992
    LEASED 09/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.50
    •  
PROPERTY LISTING DETAILS
Kavitha Aiyavoo
Bhhs Ca Properties
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW21020199
Last Updated: 02/06/2021
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