Residential Income
New
For Sale
$210,000
250 W Midway Drive 2, Anaheim, CA 92805
A 2013-built home in Midway Village features an updated kitchen with a central island.
Property Size770 SF
Price / SF$272.73
Days on Market3
Property Features for 250 W Midway Drive 2
General Information
Standard status
Active
Size
770 SF
Property subtype
Manufactured In Park
Additional Details
Multifamily Units
1
Amenities
Tuff Shed
Building Details
Year Built
2013
Buildings
1
Construction
craftsman-style
Listing Agency:
Home Works Realty
(800) 639-4663
Listed By:
John Nolan
(714) 600-2054
Source:
Realtyrightchoice
Added: Oct 26
Last Checked: Oct 28 at 8:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Works Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 770-square-foot residence in Midway Village has 2 bedrooms and 1 bathroom. Built in 2013, the home includes coffered ceilings, framed windows, Whirlpool appliances, and a kitchen island. A Tuff Shed adds outdoor storage.
The property is approximately half a mile from Disneyland and 13 miles from the coast. Nearby destinations named include the Anaheim Packing District, Angel Stadium, Honda Center, Anaheim GardenWalk, and Downtown Anaheim.
The property is approximately half a mile from Disneyland and 13 miles from the coast. Nearby destinations named include the Anaheim Packing District, Angel Stadium, Honda Center, Anaheim GardenWalk, and Downtown Anaheim.
Key Highlights
- 770‑square‑foot home with 2 bedrooms and 1 bathroom
- Built in 2013
- Kitchen island and Whirlpool appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,006
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,120
$240.1K
Cap Rate 7%
$171,514
$171.5K
Cap Rate 9%
$133,400
$133.4K
Market Conditions
NOI Build-Up for 770 SF
Gross rent
$23.1K $30.00/SF
− Vacancy
−$1.3K −$1.65/SF
EGI
$21.8K $28.35/SF
− OpEx
−$9.8K −$12.76/SF
NOI
$12.0K $15.59/SF
Area
ZIP 92805
Vacancy
5.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,120
Cap Rate 7%
$171,514
Cap Rate 9%
$133,400
Alternative Uses
Best Use
Apartment 5plus
$171.5K
$150.1K – $200.1K
NOI $12,006 @ 7.0% cap · market cap 5.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$235.2K
$205.8K – $274.4K
NOI $16,462 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,876
Businesses Nearby
Explore this area
Business Placement
Demographics for 92805, CA
74,633
Population
23,195
Households
3.2
Avg Household Size
33
Median Age
26%
College-Educated
71%
High-School Grad
6.2 sq mi
ZIP Area
12,038
Density / Sq Mi
$85,623
Median Household Income
$38,180
Median Earnings
$2,045
Median Rent
$667,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A 2013-built home in Midway Village features an updated kitchen with a central island.
Where is this residential income property located?
The property is located at 250 W Midway Drive 2 Anaheim, CA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 770‑square‑foot home with 2 bedrooms and 1 bathroom; Built in 2013; Kitchen island and Whirlpool appliances
