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302 E Wakefield Ave
Anaheim, CA 92802
Anaheim Fourplex · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Large 4,164 Sq. Ft. Building (1,041 Avg Unit Sq. Ft.)
- Excellent Unit Mix: (1) 3BD/2BA House, (2) 2BD/2BA & (1) 2BD/1BA
- ADU Potential
- Corner Lot with 10 Parking Spaces – 5 Garage Spaces & 5 Open Spaces
- Approximately 16% Upside in Rents
- Possibly the Best Location in Anaheim!!!
Executive Summary
This well-located Anaheim fourplex offers an exceptional investment opportunity within walking distance of some of the city’s most prominent attractions, including the Anaheim Convention Center, Disney California Adventure, Christ Cathedral, and Angel Stadium. The property features a large 4,164-square-foot building with an excellent unit mix consisting of one 3-bedroom/2-bath house, two 2-bedroom/2-bath units, and one 2-bedroom/1-bath unit. Situated on a desirable corner lot, the property provides 10 parking spaces, including five garage and five open spaces. With approximately 16% upside in rents and potential for additional ADU development, the property offers investors both immediate income and future value-add potential.
Property Facts
| Price Per Unit | $399,500 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.39% | Lot Size | 0.22 AC |
| Gross Rent Multiplier | 14.52 | Building Size | 8,368 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 1.2/1,000 SF |
| Zoning | RM-4 | ||
| Price Per Unit | $399,500 |
| Sale Type | Investment |
| Cap Rate | 4.39% |
| Gross Rent Multiplier | 14.52 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 8,368 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | RM-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | - |
| 2+2 | 2 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 137-338-05 | Improvements Assessment | $231,376 |
| Land Assessment | $989,936 | Total Assessment | $1,221,312 |
Property Taxes
Parcel Number
137-338-05
Land Assessment
$989,936
Improvements Assessment
$231,376
Total Assessment
$1,221,312
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