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3126 E Orangethorpe Ave
Anaheim, CA 92806
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Access to freeways
- Value Add opportunity in order to increase rents
- Long Term tenants
- The property features a highly sought after mix of one, 2 Bed/1 Bath, two, 2 Bed/2 Bath, and one, 3 Bed/2 Bath units.
Executive Summary
KW Commercial is please to present a Covington Style 4 plex in the city of Anaheim, situated close to the city of Placentia.
The property is supported by 6 total parking spaces, including four single-car garages, and one surface space. Combined with its proximity to major employment, entertainment, and major freeways, 3126 E Orangethorpe Ave. represents a real opportunity for both owner-operators and long-term investors seeking a value add type of building.
The property is supported by 6 total parking spaces, including four single-car garages, and one surface space. Combined with its proximity to major employment, entertainment, and major freeways, 3126 E Orangethorpe Ave. represents a real opportunity for both owner-operators and long-term investors seeking a value add type of building.
Property Facts
| Price Per Unit | $457,250 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.55% | Lot Size | 0.23 AC |
| Sale Condition | 1031 Exchange | Building Size | 4,320 SF |
| Gross Rent Multiplier | 15.95 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1972 |
| Property Subtype | Apartment | Parking Ratio | 0.93/1,000 SF |
| Zoning | RM1200, Anaheim - Multiple-Family Residential | ||
| Price Per Unit | $457,250 |
| Sale Type | Investment |
| Cap Rate | 4.55% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 15.95 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 4,320 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 0.93/1,000 SF |
| Zoning | RM1200, Anaheim - Multiple-Family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Fireplace
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Patio
- Vinyl Flooring
- Window Coverings
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $2,850 | - |
| 2+2 | 2 | $2,275 | - |
| 2+1 | 1 | $2,150 | - |
Property Taxes
| Parcel Number | 345-021-06 | Improvements Assessment | $255,974 |
| Land Assessment | $154,445 | Total Assessment | $410,419 |
Property Taxes
Parcel Number
345-021-06
Land Assessment
$154,445
Improvements Assessment
$255,974
Total Assessment
$410,419
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