THIS EXPANSIVE FOURPLEX, SITUATED IN A PRIME ANAHEIM AREA, FEATURES UNIT #A WITH 2 BEDROOMS AND 1 BATH, UNIT #B WITH 2 BEDROOMS AND 1 BATH, UNIT #C WITH 3 BEDROOMS AND 1 BATH, AND UNIT #D WITH 4 BEDROOMS AND 2 BATHS. EACH UNIT BOASTS ITS OWN WATER HEATER, CERAMIC TILES IN THE KITCHEN AND BATHROOM, AND INCLUDES A SINGLE-CAR GARAGE. AN IDEAL HASSLE-FREE INVESTMENT, THIS PROPERTY IS CONVENIENTLY LOCATED NEAR MAJOR SCHOOLS, SHOPPING CENTERS, AND THE 5 AND 91 FREEWAYS. LONG-STANDING FAMILY TENANTS CONTRIBUTE TO LOW BUILDING EXPENSES BY PAYING FOR THEIR OWN GAS, ELECTRICITY, AND TRASH.
Welcome to a captivating triplex income-generating residential property nestled in the heart of Anaheim entertainment center and Disneyland. Where comfort meets convenience. This residential income property presents an exceptional opportunity for savvy investors or homeowners looking to generate steady rental income. Comprising three distinct units, each with its own unique charm and functionality, this triplex offers flexibility and versatility to meet the needs of long term tenants. Whether you're a seasoned investor or a homeowner looking to supplement your income, this property is sure to meet your expectations. The first unit features 3 bedrooms and 2 bathrooms. The second unit offers 2 bedrooms and 1 bathroom. Completing the triplex, the third unit offers 2 bedrooms and 1 bathroom. The property also has an exciting investment opportunity featuring plans for an Accessory Dwelling Unit (ADU) the perfect canvas for maximizing rental income potential and capitalizing on the growing demand for multifamily housing solutions.This presents a rare opportunity to unlock additional rental income streams while enhancing the overall value and appeal of the property.
721 West La Palma Avenue is a 12-unit multifamily investment property located in Anaheim, California. The property offers a highly desirable mix consisting exclusively of two-bedroom units, of which eight are townhome floorplans. Residents enjoy amenities such as private balconies, in-unit laundry, and ample parking in a gated parking garage. Additionally, current ownership has invested significant capital into interior and exterior improvements at 721 West La Palma Avenue including fresh paint, an automatic fire sprinkler system in the parking garage, and upgrades to air conditioning units, stairs, railings, and balconies. 721 West La Palma Avenue’s optimal North Orange County Location, situated between Downtown Anaheim and Downtown Fullerton, provides easy access to a plethora of unique shops, restaurants, and attractions. Additionally, the property places residents in close proximity to the regions top employers including the Anaheim Regional Medical Center, just over 0.25 miles from the property, as well as Disneyland, the Anaheim Convention Center, and California State University, Fullerton, which are all within a 3 mile radius of the property. Furthermore, the property provides residents with convenient access to State Routes 57 and 91, Interstate 5, and multiple train and transit stations, connecting residents to employment hubs throughout Southern California. Given the strength of the overall apartment market within the city of Anaheim, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of activities, transportation, and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 721 West La Palma Avenue.
Well maintained 4 unit building with 5 separate garages. Great opportunity for an investor. All 2 bedroom units (2 bedroom 2 bath apartment, two 2 bedroom 1.5 bath and one 2 bedroom 1.25 bath). Among the upgrades are new 400 amp electrical panel, new sewer line, fresh paint, new water heater. All units have spacious floorplans. Two apartments have been remodeled with quartz counters, new shaker style kitchen cabinets, luxury vinyl plank flooring, fresh paint & new carpet. On-site laundry, enclosed one car garage and extra one garage is rented for $75/mo. additional parking on premises. The subject property is within two blocks of home depot, and other employers. The property is located close to schools, shopping and easy freeway access. This investment property has been well maintained. It is a solid investment both now and going forward.
Income Producing Triplex in Anaheim Hills Are you looking for a great investment opportunity in a desirable location? Look no further than this income producing triplex in Anaheim Hills. This property features three spacious units, each with two bedrooms, 2 bathrooms, a living room, a dining area, and a kitchen. The units have been recently updated with new flooring, paint, appliances, and fixtures. Each unit has its own private patio or balcony. This triplex is located in a quiet and friendly neighborhood, close to Anaheim Hills Golf Course and Anaheim Hills Plaza1. It is also within walking distance to Anaheim Hills Library and Canyon High School. The property has easy access to the 91 Freeway and is only a short drive away from Disneyland, Knott’s Berry Farm, and other attractions. This property is fully occupied by long-term tenants who pay their rent on time and take good care of their units. This is a rare opportunity to own an income producing triplex in Anaheim Hills, one of the most sought-after areas in Orange County. Don’t miss this chance to add this valuable asset to your portfolio.
Amazing opportunity in Anaheim; bordering the Platinum Triangle. Off Orangewood Avenue and Mountain View Ave is a two story 16 apartments with a variety of 2 bedroom 1 bath, also of 1 bedroom 1 bath units. These apartments feature spacious living rooms with one full bathroom, gas ranges, newer windows and roof. Additionally, each tenant has their own individual aluminum garage door and open parking space (2 to 1 parking ratio). The structure has been upgraded with a newer roof, plumbing, underground electrical, automatic valves gas. The building sits atop a spacious rectangular lot and is located in one of Anaheim’s premier rental markets - The Anaheim Resort. Freeway access to 5 and 57 within minutes, prestigious schools, 5 minutes away from retail shopping - The Outlets at Orang, parks - Ponderosa Par, are all within walking distance. The apartments will be a sought-after rental location for years to come.
SHARP 6 UNITS! Property consists of (1) 2 Bedroom, 1 bath with fireplace & private patio and (5) 1 Bedroom, 1 bath apartments. Mostly single story units. Separately metered for Gas & Electric. GREAT LOCATION near Downtown Anaheim. 6 units next door at 1122 W. Broadway also for sale at same price. Six (6) single-car garages situated at rear of the property. Existing rent brings upside potential!
SHARP 6 UNITS! Property consists of (1) 2 Bedroom, 1 bath with fireplace & private patio and (5) 1 Bedroom, 1 bath apartments. Mostly single story units. Separately metered for Gas & Electric. GREAT LOCATION near Downtown Anaheim. 6 units next door at 1126 W. Broadway also for sale at same price. Six (6) single-car garages situated at rear of the property. Existing rent brings upside potential!
Great rental areas, 4 units in total. 2 of the units are 2br 2bath, the 3rd is 2br 1.5bath and the 4th is 2br 1bath. 4 enclosed garages are included, Sale "as is". Tenants pay trash, electrical and gas except for the laundry room. Seller will cooperate with buyer's 1031 tax deferred exchange if any applies. All units have been renovated, and all windows have been replaced. Front owners unit includes fireplace and large fenced front yard. Three of the 2 bedroom units are single story with enclosed patios or yard areas. NOTE: Seller does not intend a 1031 tax deferred exchange
Good Rental Areas. All 1Br , 1Bath with private garage. Near Parks & Schools Colony area of Anaheim, near Downtown.
This 2-story multifamily asset consists of six (6) 1 Bedroom / 1 Bath units with each unit having a 1-car garage. Mostly long term tenants with significant upside in rents for the future. Renovations were done in 2017, including new roof, repiping, exterior paint, bathrooms. Community laundry has 2 coin-operated washer & dryer. Property conveniently located near 91 & 57 FWYs, Disneyland, Angel Stadium, Cal State Fullerton, Fullerton College, and shopping.
Covington fourplex producing great rents approximately 5 miles from Disneyland. This larger fourplex at 4,286 sq. ft. has excellent curb appeal and is all unit’s tenant occupied including front unit with 3 bedrooms. Each other unit comes with a spacious 2 bedrooms offering unique layouts including private yard patios, balcony, and a 5th enclosed garage space for additional storage. Community laundry room equipped with coin operated washers and dryers are included in this sale. Built in 1966 with a lot size over 8,200 sq. ft. all units have their own separate meters for gas and electricity helping keep operating expenses low. Great location in arguably the best rental market in North Orange County, Anaheim is near everything a tenant could want with easy access to Freeways 57 and 91. Property is a prime asset for any investor’s portfolio with enjoyable long-term upsides.
Rare 3 units property, all 2 bedrooms, 1 3/4 bathrooms, 2 car garage each unit, fireplace, in Anaheim, near Disneyland. All units are single level, and feature large living room with attached kitchen as open space, Each unit has a patio, and 2 car garage. The property is part of Holiday Harbor HOA. Association dues covers water, trash, pool, and common area maintenance. All units are facing the pool. All units are first house in front of the pool. Ideal location, which is close to Disneyland, shopping, transportation, and freeways.
*625 W Provential Dr to be sold with 701 W Provential Dr, total 8 units, total asking price:$3,590,000 inspection upon acceptance of offer, only 15 minutes to Disneyland or Knotts Berry farm. Most units have been renovated, has laundry facility on premises, equipment is leased, all units have back yards, tenants have month to month leases, the units are separately metered. This is a pride of ownership building, very well maintained, units face each other, has nice common area lawn that divides each 4-plex. Has private garages for tenants, State of California Rent Control (no local rent control.)
The median home value in Anaheim, CA is $857,000. This is lower than the county median home value of $1,008,200. The national median home value is $338,100. The average price of homes sold in Anaheim, CA is $857,000. Approximately 44.32% of Anaheim homes are owned, compared to 51.01% rented, while 4.68% are vacant. Anaheim real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Anaheim real estate agent to arrange a tour today!
Anaheim, California has a population of 348,204. Anaheim is more family-centric than the surrounding county with 35.66% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Anaheim, California is $81,806. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Anaheim is 35.3 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 46.2 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.