Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

821 S Halliday Street Anaheim, CA 92804

5 Beds 3 Baths 2,496 sqft Built 1964

$850,000

List Price

$3,570

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1964
  • Price/Sqft : $340.54
  • 6 Days on Market
  • MLS # : PW21049942
  • Updated Date : 03/13/2021 at 07:10
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,496 sqft
  • Baths : 3 full
Listing Agent

Bhhs Ca Properties

Listing Agent's Description

Beautiful Home with great curb appeal, Home Shows Pride of Ownership. Located in West Anaheim situated on a quiet interior tract location. This home is a 2-story, 5-Bedroom, 3-Bathroom, 2,496 Sq. Ft Living Space with a Lot Size of 7,200 Sq. Ft. There are 3-Bedrooms & 2-Bathrooms downstairs this includes a Master Bedroom with it's own updated Bathroom. The kitchen features Granite Countertops, Viking Gas Range & Oven and counter seating for a few people. The upstairs has 2-Large Bedrooms & 1-Bathroom the front bedroom has 2 Bay Windows and a large deck off the same bedroom. Large driveway and 2-Car Garage. Large outside shaded patio leading to the front entryway. Another feature you may enjoy is the large driveway on the south side RV or Boat Parking or parking for other vehicles. Out back is an enclosed patio & outdoor patio. There's also a Shed with a Roll Up Door.

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: West Anaheim

NeighborhoodNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700kPrice in $212k742k

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

Neighborhood: West Anaheim

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2160018002000220024002600280030003200Rent in $15413345

* 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
Orangeview Junior High School Middle Regular 897 35 4
Western High School High Regular 2,124 80 4

Orangeview Junior High School

  • Education Level: Middle
  • # of students: 897
  • # of teachers: 35
4
GreatSchools Rating

Western High School

  • Education Level: High
  • # of students: 2,124
  • # of teachers: 80
4
GreatSchools Rating
 

$765,000$935,000$850,000

PURCHASE PRICE

$3,213$3,927$3,570

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,570
EXPENSES Loan Payment -$2,952
Property Tax -$897
Property Insurance -$87
Property Management Fees -$175
CASH FLOW
-$542

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 12% of earned rent to cover both maintenance and periods of vacancy.

$850,000

PROJECTED PRICE

$3,570

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.42%
Appreciation Year (1-5) 6.9%
Maintenance Year (1-5) 8.00%
Vacancy 4.35%
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-$5.0k$0.0$5.0k$10k$15k$20k$25k

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$231,000

INVESTMENT

$231,000

Down Payment
$212,500
Rehab Estimate
$5,750
Closing Costs
$12,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,952

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $212,500
Loan Amount $637,500
See What Happens When You Reinvest Cash Flow

3.08

YEARS SAVED

$20,658

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,570

    LIST RENT
  • $1.43

    LIST RENT PER SQFT
  • $3,652

    COMP ESTIMATED VALUE
  • $1.46

    COMP AVG. RENT PER SQFT
Comps Range
$3,200
1$3,2002$3,3503$3,5704$3,650
$3,650
RENT COMPS ANALYSIS
  • 821 S Halliday Street Anaheim, CA 3
    • 5 beds 4 baths ∙ 2,496 Sqft ∙ Built 1964 5 beds 4 baths ∙ 2,496 Sqft ∙ Built 1964
    • Rent
    • Rent Per SQFT
    •  
    • $3,570
    • $1.43
    •  
  • 8612 Katella Avenue Anaheim, CA 1
    • 4 beds 3 baths ∙ 2,254 Sqft ∙ Built 1956 4 beds 3 baths ∙ 2,254 Sqft ∙ Built 1956
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.42
    •  
  • 3431 W Brady Avenue Anaheim, CA 2
    • 5 beds 3 baths ∙ 2,367 Sqft ∙ Built 1954 5 beds 3 baths ∙ 2,367 Sqft ∙ Built 1954
    LEASED 10/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $1.42
    •  
  • 417 S Danbrook Drive Anaheim, CA 4
    • 4 beds 3 baths ∙ 2,359 Sqft ∙ Built 1958 4 beds 3 baths ∙ 2,359 Sqft ∙ Built 1958
    LEASED 09/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,650
    • $1.55
    •  
PROPERTY LISTING DETAILS
Robert Gaskins
Bhhs Ca Properties
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW21049942
Last Updated: 03/13/2021
BESbswy