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1774-1780 W Juno Ave 14 Unit Apartment Building $4,095,000 ($292,500/Unit) 5.76% Cap Rate Anaheim, CA 92804



Investment Highlights
- Rare opportunity to acquire 14 units across two contiguous parcels, offering scale, operational efficiency, and long-term investment flexibility.
- Well-balanced configuration of 8 one-bed/one-bath units and 6 twobed/ one-bath units, appealing to a wide renter demographic.
- Steps from Ball & Euclid Plaza, anchored by Northgate González Market, providing residents convenient access to daily shopping and services.
- Well-managed property with rents at or near market, providing stable cash flow and reduced execution risk for new ownership.
- 14 garage spaces, 2 on-site laundry facilities, dual-pane windows, private balconies (select units), and security doors.
- Close to major employment and entertainment destinations including Disneyland, the Anaheim Convention Center, and Anaheim GardenWalk.
Executive Summary
The Leeson Group of Marcus & Millichap is pleased to present the exclusive offering of 1774 - 1780 West Juno Avenue, a well-maintained 14-unit multifamily investment located in a desirable residential pocket of Anaheim, California. The property consists of two adjacent parcels, each improved with a 7-unit apartment building, offering investors scale, operational efficiency, and long-term ownership appeal.
The unit mix is comprised of 8 one-bed/one-bath units and 6 two-bed/one-bath units, catering to strong and consistent tenant demand in the Anaheim rental market. Units feature dual-pane windows and security doors, while residents benefit from 2 on-site laundry facilities and ample garage parking, totaling 14 garage spaces across a combination of two-car and single-car garages.
The property is stabilized and professionally managed, with in-place rents at or near current market levels, providing dependable cash flow from day one and minimizing near-term operational risk. The dual-parcel configuration further enhances long-term hold appeal and provides ownership with a level of flexibility that is rarely available for assets of this size.
1774 - 1780 West Juno Avenue is ideally positioned within walking distance of neighborhood-serving retail and local schools, while also offering convenient access to the Anaheim Resort District and major employment centers. Proximity to Interstate 5 ensures seamless connectivity throughout Orange County and greater Southern California, reinforcing the property’s broad tenant appeal.
This offering represents a rare opportunity to acquire a stabilized, well-located Anaheim apartment property with durable fundamentals and long-term ownership appeal in one of Orange County’s most established rental markets.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
The unit mix is comprised of 8 one-bed/one-bath units and 6 two-bed/one-bath units, catering to strong and consistent tenant demand in the Anaheim rental market. Units feature dual-pane windows and security doors, while residents benefit from 2 on-site laundry facilities and ample garage parking, totaling 14 garage spaces across a combination of two-car and single-car garages.
The property is stabilized and professionally managed, with in-place rents at or near current market levels, providing dependable cash flow from day one and minimizing near-term operational risk. The dual-parcel configuration further enhances long-term hold appeal and provides ownership with a level of flexibility that is rarely available for assets of this size.
1774 - 1780 West Juno Avenue is ideally positioned within walking distance of neighborhood-serving retail and local schools, while also offering convenient access to the Anaheim Resort District and major employment centers. Proximity to Interstate 5 ensures seamless connectivity throughout Orange County and greater Southern California, reinforcing the property’s broad tenant appeal.
This offering represents a rare opportunity to acquire a stabilized, well-located Anaheim apartment property with durable fundamentals and long-term ownership appeal in one of Orange County’s most established rental markets.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$361,044
|
$39.53
|
| Other Income |
$3,000
|
$0.33
|
| Vacancy Loss |
$10,831
|
$1.19
|
| Effective Gross Income |
$353,213
|
$38.67
|
| Taxes |
$46,531
|
$5.09
|
| Operating Expenses |
$70,900
|
$7.76
|
| Total Expenses |
$117,431
|
$12.86
|
| Net Operating Income |
$235,782
|
$25.81
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $361,044 |
| Annual Per SF | $39.53 |
| Other Income | |
|---|---|
| Annual | $3,000 |
| Annual Per SF | $0.33 |
| Vacancy Loss | |
|---|---|
| Annual | $10,831 |
| Annual Per SF | $1.19 |
| Effective Gross Income | |
|---|---|
| Annual | $353,213 |
| Annual Per SF | $38.67 |
| Taxes | |
|---|---|
| Annual | $46,531 |
| Annual Per SF | $5.09 |
| Operating Expenses | |
|---|---|
| Annual | $70,900 |
| Annual Per SF | $7.76 |
| Total Expenses | |
|---|---|
| Annual | $117,431 |
| Annual Per SF | $12.86 |
| Net Operating Income | |
|---|---|
| Annual | $235,782 |
| Annual Per SF | $25.81 |
Property Facts
| Price | $4,095,000 | Apartment Style | Low-Rise |
| Price Per Unit | $292,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 5.76% | Building Size | 9,134 SF |
| Gross Rent Multiplier | 11.25 | No. Stories | 2 |
| No. Units | 14 | Year Built | 1960 |
| Property Type | Multifamily | Parking Ratio | 1.53/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | C - Commercial | ||
| Price | $4,095,000 |
| Price Per Unit | $292,500 |
| Sale Type | Investment |
| Cap Rate | 5.76% |
| Gross Rent Multiplier | 11.25 |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 9,134 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.53/1,000 SF |
| Zoning | C - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 575 |
| 2+1 | 6 | - | 750 |
1 1
Walk Score®
Very Walkable (83)
Property Taxes
| Parcel Numbers | Total Assessment | $396,394 | |
| Land Assessment | $176,844 | Annual Taxes | $46,531 ($5.09/SF) |
| Improvements Assessment | $219,550 | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$176,844
Improvements Assessment
$219,550
Total Assessment
$396,394
Annual Taxes
$46,531 ($5.09/SF)
Tax Year
2025 Payable 2025
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1774-1780 W Juno Ave
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