124 N Tustin Ave - Apartments FOR SALE


Anaheim, CA 92807- Anaheim Hills
$11,000,000 USD
949-756-3232
124 N Tustin Ave, Anaheim, CA for Sale
$11,000,000 USD
Apartments - FOR SALE
1/10
null | 4.98% Cap Rate

124 N Tustin Ave
Anaheim, CA 92807
Anaheim Hills


HIGHLIGHTS

  • All Large Single-Story Upgraded Two and Three-Bedroom Units Averaging Around 1,000 Sq. Ft. w Garage Parking
  • Approx. 2-Acre Lot in Excellent Location of Anaheim Hills Near Orange & Villa Park
  • Upgraded Low-Density Community with Over 2:1 Parking
  • Copper Plumbing, New Vinyl Windows, and New Roofs
  • Fully Renovated Units with Custom Finishes & Patios
  • Potential to Build Multiple Accessory Dwelling Units (Buyer to Verify)

OVERVIEW

We are pleased to present The Villas at Anaheim Hills, a 25-unit apartment community comprised entirely of large, single-story, upgraded two- and three-bedroom units averaging approximately 1,000 square feet. The property offers, a park-like setting in one of Orange County’s most desirable submarkets. Recent upgrades include renovated landscaping, pool area, and building exteriors, along with a new roof, fencing, light fixtures, BBQ and firepit area, and designer outdoor furniture. Units have been extensively renovated with private patio expansions, quartz countertops, tile backsplashes, stainless steel appliances, upgraded cabinets, new windows, light fixtures, and luxury vinyl plank flooring. Community amenities include 30 garage parking spaces, 30 open parking spaces, 3 laundry facilities, and various storage rooms. Additionally, there could be an opportunity for a buyer to add ADUs. The Villas at Anaheim Hills presents an exceptional opportunity to acquire a pride-of-ownership asset in a high-demand rental market.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$426 USD /SF

# OF UNITS

25

PRICE/UNIT

$440,000

CAP RATE

4.98%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Villas at Anaheim Hills

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

R3

APN/PARCEL ID

936-810-01,936-810-02,936-810-03,936-810-04,936-810-05,936-810-06

ASK ABOUT THIS PROPERTY

Chris KeramatiTriqor GroupMore Info
949-756-3232

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Chris KeramatiTriqor GroupMore Info
949-756-3232

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.