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2133 E Almont Ave 4 Unit Apartment Building $1,550,000 ($387,500/Unit) 5.16% Cap Rate Anaheim, CA 92806
Investment Highlights
- Single-story 4-unit multifamily property
- Six garage parking spaces
- On-site laundry facility currently used for storage
- Diverse mix of 1-, 2- and 3-bedroom units
- Gated access, private patios and a spacious shared courtyard
- Roof replaced in 2021/2022
Executive Summary
The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 2133 East Almont Avenue, a 4-unit multifamily property located in Southeast Anaheim, California.
Built in 1964, 2133 East Almont Avenue includes two 1-bed/1-bath units, one 2-bed/1-bath unit, and one 3-bed/2-bath unit. The property features three 2-car garages, providing six garage parking spaces, and an on-site laundry facility that is currently being used for storage. A spacious courtyard is shared with the adjacent 4-unit property at 2127 East Almont Avenue. Utilities are partially separated, with electricity, gas, and trash billed separately, while water and sewer remain master metered.
The adjacent 4-unit property at 2127 East Almont Avenue is also available for purchase. Buyers may acquire either property individually or both properties together, totaling 8 units across a combined 0.42-acre site.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
Built in 1964, 2133 East Almont Avenue includes two 1-bed/1-bath units, one 2-bed/1-bath unit, and one 3-bed/2-bath unit. The property features three 2-car garages, providing six garage parking spaces, and an on-site laundry facility that is currently being used for storage. A spacious courtyard is shared with the adjacent 4-unit property at 2127 East Almont Avenue. Utilities are partially separated, with electricity, gas, and trash billed separately, while water and sewer remain master metered.
The adjacent 4-unit property at 2127 East Almont Avenue is also available for purchase. Buyers may acquire either property individually or both properties together, totaling 8 units across a combined 0.42-acre site.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$116,136
|
$29.85
|
| Other Income |
$1,200
|
$0.31
|
| Vacancy Loss |
$3,484
|
$0.90
|
| Effective Gross Income |
$113,852
|
$29.26
|
| Taxes |
$17,613
|
$4.53
|
| Operating Expenses |
$16,229
|
$4.17
|
| Total Expenses |
$33,842
|
$8.70
|
| Net Operating Income |
$80,010
|
$20.56
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $116,136 |
| Annual Per SF | $29.85 |
| Other Income | |
|---|---|
| Annual | $1,200 |
| Annual Per SF | $0.31 |
| Vacancy Loss | |
|---|---|
| Annual | $3,484 |
| Annual Per SF | $0.90 |
| Effective Gross Income | |
|---|---|
| Annual | $113,852 |
| Annual Per SF | $29.26 |
| Taxes | |
|---|---|
| Annual | $17,613 |
| Annual Per SF | $4.53 |
| Operating Expenses | |
|---|---|
| Annual | $16,229 |
| Annual Per SF | $4.17 |
| Total Expenses | |
|---|---|
| Annual | $33,842 |
| Annual Per SF | $8.70 |
| Net Operating Income | |
|---|---|
| Annual | $80,010 |
| Annual Per SF | $20.56 |
Property Facts
| Price | $1,550,000 | Apartment Style | Low-Rise |
| Price Per Unit | $387,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 5.16% | Building Size | 3,891 SF |
| Gross Rent Multiplier | 13.21 | No. Stories | 1 |
| No. Units | 4 | Year Built | 1964 |
| Property Type | Multifamily | Parking Ratio | 1.5/1,000 SF |
| Property Subtype | Apartment |
| Price | $1,550,000 |
| Price Per Unit | $387,500 |
| Sale Type | Investment |
| Cap Rate | 5.16% |
| Gross Rent Multiplier | 13.21 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,891 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Parking Ratio | 1.5/1,000 SF |
Amenities
Unit Amenities
- Ceiling Fans
- Patio
Site Amenities
- Controlled Access
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 750 |
| 2+1 | 1 | - | 1,000 |
| 3+2 | 1 | - | 1,391 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 253-211-13 | Total Assessment | $396,077 (2025) |
| Land Assessment | $178,575 (2025) | Annual Taxes | $17,613 ($4.53/SF) |
| Improvements Assessment | $217,502 (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
253-211-13
Land Assessment
$178,575 (2025)
Improvements Assessment
$217,502 (2025)
Total Assessment
$396,077 (2025)
Annual Taxes
$17,613 ($4.53/SF)
Tax Year
2026 Payable 2026
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