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Investment Highlights
- PRIDE OF OWNERSHIP TURNKEY PROPERTY!
- Almost ALL units are Two Bedroom Units!
- Individually Metered for Both Gas & Electric / Garages / Gated
- COMPLETELY Renovated Interiors with New Flooring, Appliances, Fixtures, Vinyl Windows and NEW Kitchens and Bathrooms
- Select Units have Private Patios or Balconies
- On-Site Laundry Room
Executive Summary
Alliance Investment Real Estate Group, as the exclusive listing agent, is pleased to present a 12 unit, FULLY REHABBED (Interior and Exterior) multifamily community located at 1125 and 1131 North Onondaga Ave. in the city of Anaheim, California. This two story gated asset benefits from an excellent unit mix of 10 two bedroom, one bath units, 1 two bedroom, 1.5 bath townhome unit and 1 one bedroom, one bath unit with the average spacious unit square footage at approximately 856 square feet! Almost all of the units have been completely rehabbed in the last year including new kitchens, new bathrooms, new flooring, fixtures, Quartz countertops with designer backsplashes, new vanities, and new appliances. There are also new vinyl windows throughout the property and private patios or balconies in select units. All of the main electrical panels have also just been replaced to eliminate any issues with insurance carriers. The property is also individually metered for Gas and Electric along with tenants paying for the trash directly to the city of Anaheim keeping operating costs for an owner to a minimum. On-site amenities include garages for each unit, a gated front lawn and on-site laundry room. While actual in place rents are strong providing for great cash flow, there is still room to raise rents for increased cash flow! Additionally, the property boasts an incredibly convenient location located next to shopping, Anaheim Plaza and the 5 & 91 freeways for commuters.
Property Facts
| Price | $4,399,000 | Number of Properties | 2 |
| Price / SF | $281.93 / SF | Individually For Sale | 0 |
| Cap Rate | 5.52% | Total Building Size | 15,603 SF |
| Sale Type | Investment | Total Land Area | 0.53 AC |
| Status | Active |
| Price | $4,399,000 |
| Price / SF | $281.93 / SF |
| Cap Rate | 5.52% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 15,603 SF |
| Total Land Area | 0.53 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1125 N Onondaga Ave, Anaheim, CA 92801 | Multifamily | 10,274 SF | 1962 | - |
| 1131 N Onondaga Ave, Anaheim, CA 92801 | Multifamily | 5,329 SF | 1962 | - |
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