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Listed by Rick Applebaum • Morgan Skenderian
$ 3,875,000
Est. payment | /mo
9,692 SqFt
$ 3,875,000
Est. payment | /mo
9,692 SqFt
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 9,692 sqft
Price per Sqft $399
MLS Listing ID PW-25161418
Year Built 1960
Lot Size 0.339 Acres
Property Sub-Type Apartment
Property Description
Pleased to present 1803 & 1807 Sumac Lane, a 14-unit investment opportunity located in Anaheim. Built in 1960 and consisting of one- and two-bedroom units, this property offers significant value-add potential with an estimated 46% in rental upside. The property features an onsite laundry facility, garages and a central courtyard for all tenants to use. Recent capital improvements include a hot water re-pipe, new gas lines (9 units), water heater (1807 building), and garage doors, making it a secure and promising addition to any investor's portfolio. Situated minutes away from notable attractions, including Disneyland Resort and Downtown Disney, tenants will enjoy convenient access to entertainment, shopping and employment opportunities.
Location
State CA
County Orange
Area 79 - Anaheim West Of Harbor
Interior
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 14.0
Pool None
Community Features Biking, Curbs, Sidewalks, Street Lights
Building
Lot Description Lot 6500-9999
Sewer Public Sewer
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114