Active
314 S Rose Street
Anaheim CA, 92805
$10,500,000
$392.08 per sqft
Active
26,780 sqft
Multi-family
Built in 1986
Listed by Rick Applebaum with Morgan Skenderian [email protected]
Pleased to present The Anaheim Regency Apartments, a 30-unit complex located in Anaheim, the largest city in Orange County. Constructed in 1986 and operated under current ownership for over 27 years, this property offers a prime added value opportunity for new investors. With 93% of the units being 2BR/2BA apartments, the property boasts significant potential, including a projected +-38% in rental upside. The highly motivated seller is committed to selling this asset and is open to any and all offers, prepared to accept whatever price the market will bear. This presents a rare chance to acquire an attractive property in a prime rental location at an exceptional price.
The building is conveniently located within walking distance of the Anaheim Packing District and numerous restaurants and retail shops along Lincoln Avenue, Anaheim Boulevard, and Harbor Boulevard. Residents enjoy amenities such as secure access, patios, balconies, central A/C and heat, laundry facilities, storage options, and 72 covered parking spaces--more than one parking space per bedroom. This offers an additional income stream for new investors by providing tenants with extra parking for a fee. Situated on a +-39,541 square foot lot, the property also provides ample open space for tenants. The Anaheim Regency Apartments is a truly unique asset, making it an excellent addition for both short-term, added-value investors and long-term, cash flow-oriented owners.
PW24172588
MLSⓇ ID
August 20, 2024
Listed
September 20, 2024
Updated
Map
314 S Rose Street
Anaheim CA, 92805
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.91 Acres
Sewer
Public Sewer
Other Property Details
Area Name
699 - Not Defined
Taxes
$122,954
Tax Frequency
Annually
Garage
Yes
Garage Spaces
72
Parking
Assigned
Parking Total
72
View
No
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Listing Contact: 949-251-8800
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/20/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 9/20/2024 at 3:58 AM UTC