1200 S Sharon Cir | Anaheim, CA 92804
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- LoopNet Team
1200 S Sharon Cir
Anaheim, CA 92804
Multifamily Property For Sale
·
22 Units
Investment Highlights
- Financial Metrics: Delivers a 4.80% cap rate on current income with a pro forma cap of 5.97% based on market rents
- Well-Amenitized with Favorable Parking Ratio: 22 garages, 18 carports, and 12 surface spaces provide 2.36 spaces per unit
- Prime Anaheim Location: Convenient access to schools, employment hubs, part of a strong rental market with low vacancy and steady rent growth
- Desirable Unit Mix: 18 two-bedroom and 4 one-bedroom units; all with private patios or balconies, air conditioning, and separate metering
- Rent Upside: In-place rents approximately 12% below conservative market estimates, allowing for rent growth through natural turnover
Property Facts
| No. Units | 22 | Lot Size | 0.81 AC |
| Property Type | Multifamily | Building Size | 18,006 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1983 |
| Building Class | C |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.81 AC |
| Building Size | 18,006 SF |
| No. Stories | 2 |
| Year Built | 1983 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Patio
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 675 |
| 2+1 | 18 | - | 850 |
Property Taxes
| Parcel Number | 126-310-24 | Improvements Assessment | $1,687,176 |
| Land Assessment | $1,481,821 | Total Assessment | $3,168,997 |
Property Taxes
Parcel Number
126-310-24
Land Assessment
$1,481,821
Improvements Assessment
$1,687,176
Total Assessment
$3,168,997
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