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Listed by KENY Active CHANG • Kingstone Capital Properties
$ 2,100,000
Est. payment /mo
Active
2044 South Nautical Street Anaheim, CA 92802
4,483 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,483 sqft
Price per Sqft $468
MLS Listing ID WS-25045586
Year Built 1969
Lot Size 7,841 Sqft
Property Sub-Type Quadruplex
Property Description
Prime Investment Opportunity in Anaheim - Fully Occupied 4-Unit Apartment Near Disneyland and Angel Stadium! Discover an exceptional investment opportunity in Anaheim, CA! This fully occupied 4-unit apartment building is strategically located just 3 miles from Disneyland and a short distance from Angel Stadium, making it a dream investment. With new plumbing, fresh paint, a dedicated laundry room, and a satisfactory balcony inspection in compliance with SB721, this property is not only well-maintained but also primed for increased returns. Property Highlights: Unit Mix: 1 Unit: 3 Bedrooms, 2 Bathrooms 3 Units: 2 Bedrooms, 1 Bathroom Current CAP Rate: 4.40%+ Potential CAP Rate (Post-Renovation): 5.45%+ Recent Upgrades: New Plumbing: Ensures long-term reliability and reduces maintenance costs. Fresh Paint: Enhances curb appeal and tenant satisfaction. Satisfactory Balcony Inspection (SB721 Compliance): Ensures structural safety and compliance with California regulations, minimizing potential liabilities. Dedicated Laundry Room: Convenient on-site laundry facilities for tenants, adding value and appeal. Renovation Status: 2 Units: Beautifully remodeled and commanding market rent. 2 Units: Opportunity for upgrades to further boost rental income and maximize the CAP rate. Key Features: Prime Location: Easy access to entertainment hubs, dining, and major highways. Steady Cash Flow: Fully occupied with reliable tenants. Value-Add Potential: Renovate the remaining two units to unlock higher rental income. Whether you're a seasoned investor or looking to expand your portfolio, this property offers a perfect blend of stability, growth potential, and low-maintenance benefits. Act fast, opportunities like this don't last long in Anaheim! Contact us today to secure this promising investment! DO NOT DISTURB THE TENANTS!
Location
State CA
County Orange
Area 79 - Anaheim West Of Harbor
Zoning MFD
Interior
Heating Central
Cooling Central Air
Laundry Community, Dryer Included, Washer Included
Exterior
Parking Features Assigned
Garage Spaces 5.0
Pool None
Community Features Sidewalks, Street Lights, Urban
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer