$1,495,000
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2858 Lincoln Avenue Anaheim, CA 92801
Fourplex
Residence
Beds
Baths
4,185
Sq. Ft.
0.17
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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We are pleased to present Lincoln Apartments, a 4-unit apartment building in Anaheim, CA. The property consists of large 2 and 3-bedroom units with patios/balconies and garage parking spaces. The asset also features individual gas and electric meters and a shared laundry facility. Having been profes...sionally managed throughout ownership, the property is on the market for the first time in 24 years. With strong in-place rents, this property offers an investor the opportunity to acquire a high cash-flowing asset generating a 4.8% cap rate with current rents, 6.3% with market rents. This property is ideal for investors seeking a well-priced, value-add opportunity in a sought-after location.
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MLS#
PW24152339
Property Type
Fourplex
Status
Active Under Contract
Year Built
1976
Square Feet
4,185
sq. ft
Lot Size
0.17
Stories
2.0
Sewer
Public Sewer
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