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$ 1,950,000
Est. payment /mo
Active Under Contract
1120 N East Street Anaheim, CA 92805
1 Bed
1 Bath
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID NP25175585
Bedrooms 1
Property Sub-Type Res Income 2-4 Units
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
Zoning Public Rec
Direction Off the 91 Freeway on East & La Palma
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 07339613
Listed by Ryan Anderson R L M Equities
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