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Listed by Paul Espinosa • Morgan Skenderian
$ 3,345,000
Est. payment /mo
Active
1512 South Ninth Street Anaheim, CA 92802
7,958 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 7,958 sqft
Price per Sqft $420
MLS Listing ID PW-25162207
Year Built 1976
Lot Size 0.341 Acres
Property Sub-Type Apartment
Property Description
This well-maintained 10-unit apartment building, built in 1976, is ideally situated in the heart of Anaheim, just two blocks from world-famous Disneyland and Downtown Disney. The property offers an attractive unit mix of large one-bedroom and two bedroom units, all featuring private patios or balconies, wall A/C units, and generous floorplans that appeal to long-term renters. Residents benefit from (16) enclosed garages (1.6 per unit), a convenient on-site laundry facility, and a recently completed new roof, enhancing the building's structural integrity and long-term value. The property currently operates at a strong 5.2% CAP rate on in-place rents with room still to increase income.
Location
State CA
County Orange
Area 79 - Anaheim West Of Harbor
Zoning R3
Interior
Heating Forced Air
Fireplaces Type None
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 16.0
Pool None
Community Features Biking, Curbs, Park, Sidewalks, Street Lights
Building
Lot Description Lot 10000-19999 Sqft
Sewer Public Sewer