200 E Wakefield Avenue, Anaheim, CA 92802

$3,295,000

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List Price
$3,295,000
Status
PENDING
MLS#
219147081DA
Year Built
1964
Lot Size
9,148
Acres
0.21
Days on Market
10
Property Type
Multifamily
Stories
Two Levels
Neighborhood
Not Applicable-1

Property Description

Prime Net Lease Inc. is pleased to offer 200 E. Wakefield Ave. in the desirablecommunity of Anaheim. The subject property was completely renovated in2021-2022 and is in excellent condition. 200 E. Wakefield Ave. offers the newowner a turnkey, low-maintenance asset with immediate cash flow. The propertyfeatures a unique unit mix with units 3, 4, and 5 Bedroom units. Average unit size is 1550 SF with a low cost per square foot of $346. There areindividual enclosed single car garages for each unit at the rear of the building.Over 10% upside in rents exists through annual increases. The apartmentbuilding is conveniently located in Anaheim, California, offering easy access to avariety of amenities and attractions. Residents can enjoy proximity to shoppingcenters, restaurants, entertainment venues, and recreational facilities, ensuringa vibrant and fulfilling lifestyle. Disneyland Resort and the AnaheimConvention Center are both less than 5 minutes away. Property is listed at a true 5.35% Cap rate and 14.00 GRM. All units are currently occupied. Rent range from $2625 to $4095. Please contact agent for details.

Additional Information

Appliances
Water Heater
Heat
Forced Air, Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
6
Attached Structure
Detached
Number Of Units Total
6

Listing courtesy of Listing Agent: Paul Matusik (pmatusik@primenetlease.com) from Listing Office: Prime Desert Estates.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.