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Anaheim Westport Apartments 2227 E Westport Dr 16 Unit Apartment Building $4,495,000 ($280,938/Unit) 3.99% Cap Rate Anaheim, CA 92806

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INVESTMENT HIGHLIGHTS

  • Quiet Tentants
  • Well Maintained

EXECUTIVE SUMMARY

Long-time owner has taken excellent care of these 2- 8 unit apartments. 2 separate APNs that the 2 units face each other with a common courtyard. Both 2-story, all units are identical 1-bedroom units. 2 laundry rooms that are underutilized due to the prices being $2.00 to $2.75 per load on lease. 2 buildings of 4 -2 car garages. 9 electric meters, common gas, and water are paid by the landlord. Fenced front and back.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $247,873 $20.79
Other Income $3,231 $0.27
Vacancy Loss $8,477 $0.71
Effective Gross Income $242,627 $20.35
Taxes $8,618 $0.72
Operating Expenses $54,625 $4.58
Total Expenses $63,243 $5.30
Net Operating Income $179,384 $15.05

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $247,873
Annual Per SF $20.79
Other Income
Annual $3,231
Annual Per SF $0.27
Vacancy Loss
Annual $8,477
Annual Per SF $0.71
Effective Gross Income
Annual $242,627
Annual Per SF $20.35
Taxes
Annual $8,618
Annual Per SF $0.72
Operating Expenses
Annual $54,625
Annual Per SF $4.58
Total Expenses
Annual $63,243
Annual Per SF $5.30
Net Operating Income
Annual $179,384
Annual Per SF $15.05

PROPERTY FACTS

Price $4,495,000
Price Per Unit $280,938
Sale Type Investment
Cap Rate 3.99%
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.44 AC
Building Size 11,923 SF
Average Occupancy 100%
No. Stories 2
Year Built 1960
Parking Ratio 2.01/1,000 SF
Zoning T (Transition) - a zone in a transitory or interim use, restricted to limited uses because of special conditions, or not zoned to one of the zoning districts.

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Courtyard
  • Gated
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 $2,050 540 - 570
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 083-441-16
  • 083-441-15
Land Assessment
$121,192 (2025)
Improvements Assessment
$294,412 (2025)
Total Assessment
$415,604 (2025)
Annual Taxes
$8,618 ($0.72/SF)
Tax Year
2024
  • Listing ID: 37842156

  • Date on Market: 9/26/2025

  • Last Updated:

  • Address: 2227 E Westport Dr, Anaheim, CA 92806

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