123 N East St - Apartments FOR SALE


Anaheim, CA 92805
$1,740,000 USD
949-629-7640
123 N East St, Anaheim, CA for Sale
$1,740,000 USD
Apartments - FOR SALE
1/11
null | 4.51% Cap Rate

123 N East St
Anaheim, CA 92805


HIGHLIGHTS

  • 100% 2-Bedroom Single-Story Units
  • New Roof and New Electrical Panels
  • 14,262 SF Lot
  • Prime Anaheim Location Near Anaheim Packing District
  • First Time on the Market in Over 55 Years
  • ADU Potential

OVERVIEW

Morgan Skenderian, Inc., as the exclusive listing agent, presents the opportunity to acquire 123 N. East Street, a 5-unit investment opportunity located in Anaheim, California. Situated on just over 14,000 square feet of land, this property consists exclusively of two bedroom/one bathroom, single story units. Residents enjoy amenities such as an onsite laundry facility, private patios for each unit, security screen doors and (5) garages. This property has been professionally managed and maintained for years, and, just recently, current ownership invested a significant amount of capital including all new electrical panels as well a brand new roof for both garage structures, the freestanding unit at the rear of the property and the fourplex at the front of the property. All of the units are individually metered for electricity and gas, and the tenants pay their own trash.

FOR SALE DETAILS

PRICE

$1,740,000 USD

PRICE/SF

$401 USD /SF

# OF UNITS

5

PRICE/UNIT

$348,000

CAP RATE

4.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

5

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

035-234-19

ASK ABOUT THIS PROPERTY

Paul EspinosaMorgan-Skenderian Investment Real Estate GroupMore Info
949-629-7640

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Paul EspinosaMorgan-Skenderian Investment Real Estate GroupMore Info
949-629-7640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.