REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Christian Tait • Marcus & Millichap RE Invest
$ 1,400,000
Est. payment /mo
Active
3420 West Danbrook Avenue Anaheim, CA 92804
3,789 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,789 sqft
Price per Sqft $369
MLS Listing ID OC-25257522
Year Built 1961
Lot Size 8,712 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
3420 West Danbrook Avenue is a well-maintained 4-unit multifamily investment property located in Anaheim, California. Built in 1961 on a 0.20-acre parcel, the property features a desirable mix of three 2 bed/1 bath units and one 2 bed/2 bath unit. Each residence includes a private patio and security door, while most windows have been upgraded to dual-pane for improved comfort and energy efficiency. Additional amenities include five garage spaces, an on-site laundry facility, and a remodeled central courtyard that enhances the property's overall appeal. Current ownership has completed several key capital improvements, including a new water heater, replaced the water and sewer lines, installed new ovens and wall heaters, and made courtyard renovations. These updates reduce future maintenance needs and position the property well for continued strong performance. With current rents more than 60% below market levels, the asset offers immediate upside potential through interior renovations and rental rate adjustments. The property benefits from a convenient location within walking distance of multiple grocery-anchored shopping centers at the intersection of Knott Avenue and Lincoln Avenue. It is also conveniently located near all three levels of schooling: Danbrook Elementary, Orangeview Junior High, and Western High School, appealing to family-oriented tenants. Cypress College, located less than a mile away, serves over 13,000 students annually and provides a consistent source of housing demand. In addition, the property is just over one mile from Knott's Berry Farm and Buena Park Downtown, two major regional attractions that contribute to the area's strong economic and employment base. 3420 West Danbrook Avenue presents investors with a rare opportunity to acquire a stabilized, well-located Anaheim multifamily property with strong fundamentals, proven maintenance history, and clear rental upside in one of Orange County's most resilient rental markets.
Location
State CA
County Orange
Interior
Laundry Community
Exterior
Garage Spaces 5.0
Pool None
Community Features Curbs, Gutters, Sidewalks, Street Lights
Building
Lot Description Level with Street
Sewer Public Sewer