2135 W Ball Rd - Apartments FOR SALE


Anaheim, CA 92804- South Anaheim
$3,200,000 USD
949-573-5309
2135 W Ball Rd, Anaheim, CA for Sale
$3,200,000 USD
Apartments - FOR SALE
1/20
null | 5.19% Cap Rate

2135 W Ball Rd
Anaheim, CA 92804
South Anaheim


HIGHLIGHTS

  • 5.2% Cap Rate on Current Rents
  • 20% Rental Upside
  • Large Lot - ADU Potential
  • Corner Lot - Ball Road Major Thoroughfare Exposure

OVERVIEW

2135-2139 W Ball Road offers 10 units on a corner lot off of Anaheim's longest major thoroughfare. The building sits on a large lot with plenty of ADU development potential. The current Cap rate of 5.2% allows a buyer to operate with positive cashflow with a 45% down payment whilst still maintaining 20% rental upside. The Ball Road Apartments offer a desirable unit mix of one and two-bedroom floor plans. The property offers amenities including garage parking, laundry facilities, security doors, and garden style layout. The property is centrally located in the heart of Orange County, situated 1.5 miles East of Disneyland and Downtown Disney. Residents are provided convenient access to Interstate 5, State Route 57, and Ball Road.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$483 USD /SF

# OF UNITS

10

PRICE/UNIT

$320,000

CAP RATE

5.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,296 SF

ZONING

-

APN/PARCEL ID

128-326-06

ASK ABOUT THIS PROPERTY

Gregg HorvathR.L.M. EQUITIESMore Info
949-573-5309

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

Gregg HorvathR.L.M. EQUITIESMore Info
949-573-5309

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