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$ 1,950,000
Est. payment /mo
New
1120 N East ST Anaheim, CA 92805
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP25175585
HOA Y/N No
Year Built 1957
Lot Size 6,098 Sqft
Property Sub-Type Apartment
Property Description
Located in the heart of Anaheim, this property benefits from a strong rental base and proximity to major employers, freeways, and attractions. It is near Downtown Anaheim, The Packing House, and within a short drive to Disneyland Resort, Anaheim Regional Medical Center, and the 91 & 5 Freeways. This well-located 8-unit property in Anaheim features a desirable and manageable unit mix of all 1-bedroom, 1-bathroom units. Rents are currently well below market, creating a strong value-add opportunity for investors. With upside in rents, the property offers a pro forma CAP rate exceeding 7% at market pricing.
Location
State CA
County Orange
Area 78 - Anaheim East Of Harbor
Zoning R3
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs
Private Pool No
Building
Lot Description Walkstreet
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 07339613
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Ryan Anderson R L M Equities 949-290-0199