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Andrea Pazmino-Pace

andreapazpace@gmail.com +1(626) 590-1289

$ 2,299,000

Est. payment | -/mo

8,594 Sqft Lot

Save

$ 2,299,000

Est. payment | -/mo

Save

8,594 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV26196373

HOA Y/N No

Year Built 1957

Lot Size 8,594 Sqft

Property Sub-Type Multi Family

Property Description

Affordable & Well maintained 6 Units with Amenities that generates stable income with room to increase the rents. Located in a well-established residential neighborhood, the property provides stable rental income and long-term investment potential in one of Orange County's strongest multifamily markets. Ideally located in central Anaheim, the property offers convenient access to I-5 Fwy (± 1.5 miles), 91 Fwy (±2.5 miles), and the 57 Fwy (±4.5 miles), providing excellent connectivity throughout Orange County and the greater Los Angeles area. The property's central location places residents just minutes from many of Anaheim's most popular destinations, including the Anaheim Packing District and Downtown Anaheim (both approximately ±3.5 miles), Disneyland Resort and Downtown Disney District (±4.5 miles), Anaheim GardenWalk (±4.8 miles), Knott's Berry Farm (±5.0 miles), Angel Stadium (±5.5 miles), Honda Center (±5.8 miles), Cal State Fullerton (±6.5 miles), and The Outlets at Orange (±7.0 miles). Surrounded by shopping, dining, schools, parks, and major employment centers, the property benefits from strong rental demand and an exceptional central location, making it an attractive investment opportunity with long-term growth potential. Additionally, it's less than a quarter mile from the Anaheim Regional Medical Center, a 228-bed Hospital with 24 hrs. Emergency Room. Long-Term Tenancy -Many residents have occupied their units for more than ten years, suggesting stable occupancy but also indicating that rents may be significantly below current market levels. Utility Structure - Residents pay their own gas and electricity through separately metered services, limiting owner operating expenses. All Units are 2 Bedrooms and 1 Bath with laundry hook-ups in each, and covered carports for private parking in the rear of the property. There is also plentiful street parking. You can purchase this in conjunction with the neighboring property, 1138 N. Mayfair Ave.

Location

State CA

County Orange

Area 79 - Anaheim West Of Harbor

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Fence Wrought Iron

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 6

Building

Lot Description Lot Over 40000 Sqft, Paved, Walkstreet, Yard

Story 2

Water Public

Others

Tax ID 27102202

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by GURJEET BHATIA Acreage Real Estate 909-210-1570, DRE #01895064

Nearby Locations

+1(626) 590-1289

andreapazpace@gmail.com

1142 N Mayfair AVE Anaheim, CA 92801

Andrea Pazmino-Pace

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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1142 N Mayfair AVE