1120 North East Street Pending

Anaheim,CA 92805

$ 1950000

- Bed

0 Bath

3895 SqFt


Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 3,895 sqft

Price per Sqft $500

MLS Listing ID NP-25175585

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

Laundry Common Area

Exterior

Pool None

Community Features Curbs

Building

Lot Description Walkstreet

Sewer Public Sewer

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