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Listed by Paul Espinosa • Morgan Skenderian
$ 1,970,000
Est. payment | /mo
9,100 Sqft Lot
$ 1,970,000
Est. payment | /mo
9,100 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25162231
Year Built 1957
Lot Size 9,100 Sqft
Source California Regional MLS
Property Description
Presenting a well-maintained 6-unit apartment complex in the heart of Anaheim, ideally positioned on a prominent corner lot. The property features a desirable unit mix of (4) spacious two bedroom/one bathroom units and (2) one bedroom/one bathroom units, totaling 5,028 rentable square feet. Tenants benefit from convenient amenities including an on-site laundry facility, individual hot water heaters, six private garages, and two open parking spaces. The property currently generates a solid 5.4% CAP rate with clear upside in rental income as units turnover. Significant capital improvements have been completed, reducing future maintenance costs and boosting long-term value. *All of the units are eligible for 8% rent increases effective April 1, 2026.
Location
State CA
County Orange
Area 79 - Anaheim West Of Harbor
Interior
Cooling Window / Wall Unit
Laundry Community Facility
Exterior
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Tax ID 27101102
Special Listing Condition Not Applicable
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Ryan Mull
Broker-Associate | Lic# 01329887