2044 S Nautical Street,Anaheim, CA 92802
Anaheim, CA 92802
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!
Details
| MLS# | WS25045586 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 47 |
| Listing Provided By | Kingstone Capital Properties 626-421-7688 | KENY CHANG |
Features
| SQ Feet | 4,483 |
|---|---|
| Garage | 5 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | MFD |
| Acreage | 0.18 |
Market Activity 92802
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Anaheim |
| Zip Code | 92802 |
| Area | 79 Anaheim West of Harbor |
| Listing VS Median (in 92802) | |
Price: $2,100,000 low | high Med: $899,990 SqFt: 4,483 low | high Med: 1,242 $ / SqFt: $468 low | high Med: $725 On site: 47 low | high Med: 28.000000 | |