1000 E Sycamore St
Anaheim, CA 92805
Multifamily Property For Sale · 6 Units

The Bridge Multifamily Team at Cushman & Wakefield is pleased to present this well located six-unit multifamily property in the City of Anaheim. This asset consists of six 1 Bed / 1 Bath units on a nicely landscaped corner lot. The property has nice curb appeal and a gated grass courtyard. The building was built in 1957 and has had many recent upgrades including new decking, stair case, windows, and exterior paint. Half of the six interiors have been renovated as well including new vinyl plank flooring, counter tops, refaced cabinets, kitchen sink, bathroom vanities, lighting, and interior paint. The laundry room washer/dryer contract is up, and the owner is going to put in new laundry machines prior to the close of escrow. The building is separately metered for gas and electric, so the only master metered utility is water. Tenants pay electric, gas, and trash. This property is in a good central Anaheim location right near major retail, educational, and employment opportunities. The property is conveniently located less than a mile from the CA-91 Freeway, which allow tenants to connect with the greater California region and beyond. This offering provides an investor the opportunity to acquire a well maintained apartment community with exceptional value-add upside in a premier location within the city. 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 great neighborhood with convenient 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 this asset.