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- LoopNet Team
217 E Clifton Ave
Anaheim, CA 92805
Multifamily Property For Sale
·
16 Units
Investment Highlights
- Attractive Anaheim Location, Blocks away from World Famous Disneyland Resort
- Two separate 8 Unit buildings on Separate Parcels
- Renovated Units with Future Rental Upside Potential
- Located in a Designated “Opportunity Zone”
- Garage Parking, Sparkling Swimming Pool, Laundry Facilities
Property Facts
| No. Units | 16 | Building Size | 13,780 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 0.5/1,000 SF |
| Lot Size | 0.46 AC | ||
| Zoning | RM-1200, Anaheim | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 13,780 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 0.5/1,000 SF |
| Zoning | RM-1200, Anaheim |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Laundry Facilities
About 217 E CLIFTON AVE , ANAHEIM, CA 92805
Marcus & Millichap is pleased to present the Palm Court Apartments, two adjacent 8 unit apartment properties in a desirable rental location in central Anaheim, only a few blocks away from the world famous Disneyland Resort and Theme Park. The property consists two eight- unit buildings on separate parcels with an attractive unit mix of 2 one bedroom/one bathroom units, and 14 two bedroom/one bathroom units. The property has an attractive courtyard area with a sparking swimming pool, garage parking, and on site laundry facilities for tenant use. The property is situated in a prime rental location nearby numerous public and private Elementary Schools and High Schools, and with national retailers and major employment sectors nearby. Only a few blocks west of the property lies Disneyland Resort and Theme Park, Orange County’s largest employer with over 130,000 employees. The property is also located in a designated “Opportunity Zone”, offering potential tax benefits to investors. This offering represents an excellent opportunity for an investor to acquire a well maintained apartment property in a very attractive rental location in the city of Anaheim, with strong population growth and employment growth, and significant future upside potential.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,470 | - |
| 2+1 | 14 | $1,613 | 830 - 940 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $494,668 | |
| Land Assessment | $4,240,970 | Total Assessment | $4,735,638 |
Property Taxes
