Rare opportunity to acquire a well-located 4-unit apartment property with strong value-add potential. Offered by an ownership group that recently inherited the asset and does not wish to continue operations, creating an excellent opportunity for investors. Attractively priced for an efficient sale, the property offers the ability to increase value through renovations, unit turnover, and rental growth. Desirable unit mix with spacious floor plans and strong rental demand fundamentals. Current rents are below market, presenting immediate upside potential through interior improvements and operational efficiencies. Situated on a residential street among similar multifamily properties, the asset benefits from close proximity to employment centers, shopping, dining, and major transportation corridors. Nearby renovated comparable properties have recently sold, further supporting the repositioning opportunity.
| MLS # | PW26092458 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1964 |
| Days On Site | 114 |
| Listing Provided By | Gorman & Associates | Timothy Gorman |
| SQ Feet | 4,587 |
|---|---|
| Garage | 5 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.20 |
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Lot Features | Two To Five Units Acre |
|---|
| Garage Yes / No | Yes |
|---|
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Community Features | Curbs, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Orange |
| City | Anaheim |
| Zip Code | 92804 |
| Area | 79 Anaheim West of Harbor |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,595,000 low | high Med: $825,000 sqft: 4,587 low | high Med: 1,269 $ / sqft: $348 low | high Med: $650 On site: 114 low | high Med: 245 | |
| State | CA |
|---|---|
| County | Orange |
| City | Anaheim |
| Zip Code | 92804 |
| Area | 79 Anaheim West of Harbor |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,595,000 low | high Med: $825,000 sqft: 4,587 low | high Med: 1,269 $ / sqft: $348 low | high Med: $650 On site: 114 low | high Med: 245 | |
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