3227 W Cabot Drive, Anaheim, CA 92804
- $1,595,000
- List Price
- $1,595,000
- Price Change
- ▼ $55,000 1782606141
- Status
- ACTIVE
- MLS#
- PW26092458
- Year Built
- 1964
- Lot Size
- 8,715
- Acres
- 0.20
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 88
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Neighborhood
- Other
Property Description
Rare opportunity to acquire a well-located 4-unit apartment property with strong value-add potential. Offered by an ownership group that recently inherited the asset and does not wish to continue operations, creating an excellent opportunity for investors. Attractively priced for an efficient sale, the property offers the ability to increase value through renovations, unit turnover, and rental growth. Desirable unit mix with spacious floor plans and strong rental demand fundamentals. Current rents are below market, presenting immediate upside potential through interior improvements and operational efficiencies. Situated on a residential street among similar multifamily properties, the asset benefits from close proximity to employment centers, shopping, dining, and major transportation corridors. Nearby renovated comparable properties have recently sold, further supporting the repositioning opportunity.
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $112,800
- Operating Expense
- 43257
Listing courtesy of Listing Agent: Timothy Gorman (tim@wrgorman.com) from Listing Office: Gorman & Associates.
Mortgage Calculator
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.