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$1,400,000
Est. payment /mo
8 Beds
4 Baths
5,663 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW26211639
Bedrooms 8
Lot Size 5,663 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
You have Arrived! Welcome to this fully occupied 4-unit investment opportunity in Anaheim offering strong in-place income with additional upside through below-market rents. The property features four 2-bedroom, 1-bath units with an estimated cap rate of approximately 4.5%5.0% depending on final purchase price and verified operating expenses. Tenants pay their own separately metered gas and electricity, while the owner currently pays water and trash. Each unit has its own water heater, gas stove, and wall heater, with several heating units updated in recent years. The property has also benefited from recent improvements including a newer roof, exterior paint, stairs, and flooring. Professionally managed and fully occupied, this is a great opportunity for an investor looking for stable income today with future rent-growth potential. Conveniently located near shopping, dining, transportation, and major employment centers. Buyer to verify all rents, expenses, unit configurations, square footage, lease terms, cap rate, and property information.
Location
State CA
County Orange
Zoning Public Rec
Direction 1837 W Gramercy Avenue Anaheim, CA 92801
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 27205407
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
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Listed by Matthew Schaeffer, DRE#02120702 Arrive Real Estate
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