201 E Wakefield Ave - Apartments FOR SALE


Anaheim, CA 92802- Anaheim Resort
$3,360,000 USD
949-630-0592
201 E Wakefield Ave, Anaheim, CA for Sale
$3,360,000 USD
Apartments - FOR SALE
1/9
null | 5.46% Cap Rate

201 E Wakefield Ave
Anaheim, CA 92802
Anaheim Resort


HIGHLIGHTS

  • Turn-Key Asset: Completely-Renovated between 2021-2025 and Comprehensive Unit Interior Renovations in all Units
  • Washer-Dryers Included in Each Unit & Private Garages
  • Attractive 5.46% Current Cap Rate & Immediate Cash Flow
  • Located ¼ Mile from New $2 Billion Disneyland Park
  • Desirable Mix of Spacious 2-, 3-, 4- & 5-BR Units, Averaging ±1,350Sq.Ft
  • Low Price Per Square Foot: $356, Below Recent Sale Comparables

OVERVIEW

Morgan Skenderian Investment Real Estate Group is pleased to present 201 East Wakefield Avenue, in the desirable community of Anaheim. The subject property was completely renovated in 2021-25 and is in excellent condition. 201 East Wakefield Avenue offers the new owner a turnkey, low-maintenance asset with immediate cash flow. However, over ±10% upside in rents exists through annual increases.

FOR SALE DETAILS

PRICE

$3,360,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

7

PRICE/UNIT

$480,000

CAP RATE

5.46%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,569 SF

ZONING

RM-4, Anaheim

APN/PARCEL ID

137-336-02

ASK ABOUT THIS PROPERTY

Peter GillinMorgan-Skenderian Investment Real Estate GroupMore Info
949-630-0592

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Peter GillinMorgan-Skenderian Investment Real Estate GroupMore Info
949-630-0592

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