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Listed by Timothy Gorman • Gorman & Associates
$ 1,650,000
Est. payment | /mo
4,587 SqFt
$ 1,650,000
Est. payment | /mo
4,587 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,587 sqft
Price per Sqft $359
MLS Listing ID PW-26092458
Year Built 1964
Lot Size 8,715 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Rare opportunity to acquire a well-located 4-unit apartment property with strong value-add potential. Offered by an ownership group that recently inherited the asset and does not wish to continue operations, creating an excellent opportunity for investors.
Attractively priced for an efficient sale, the property offers the ability to increase value through renovations, unit turnover, and rental growth. Desirable unit mix with spacious floor plans and strong rental demand fundamentals. Current rents are below market, presenting immediate upside potential through interior improvements and operational efficiencies.
Situated on a residential street among similar multifamily properties, the asset benefits from close proximity to employment centers, shopping, dining, and major transportation corridors. Nearby renovated comparable properties have recently sold, further supporting the repositioning opportunity.
Attractively priced for an efficient sale, the property offers the ability to increase value through renovations, unit turnover, and rental growth. Desirable unit mix with spacious floor plans and strong rental demand fundamentals. Current rents are below market, presenting immediate upside potential through interior improvements and operational efficiencies.
Situated on a residential street among similar multifamily properties, the asset benefits from close proximity to employment centers, shopping, dining, and major transportation corridors. Nearby renovated comparable properties have recently sold, further supporting the repositioning opportunity.
Location
State CA
County Orange
Area 79 - Anaheim West Of Harbor
Interior
Heating Wall Furnace
Laundry Community
Exterior
Garage Spaces 5.0
Pool None
Community Features Curbs, Sidewalks
Utilities Available Sewer Connected, Water Connected, Electricity Connected
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
Nearby Locations
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114