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Listed by Ryan C Anderson • R L M Equities
$ 1,950,000
Est. payment /mo
Pending
1120 North East Street Anaheim, CA 92805
3,895 SqFt
UPDATED:
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
