Property listed by Morgan Skenderian, Paul Espinosa [email protected]
$1,895,000
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… Read More on-site laundry facility, individual hot water heaters, six private garages, and two open parking spaces. The property currently generates a solid 5.7% 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. Read Less
Listing Snapshot
Days Online
227
Last Updated
Property Type
Apartment
Lot Size
0.21 Acres
Year Built
1957
MLS Number
PW25162231
Additional Details
Building
Built in 1957, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: Street
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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