2044 S Nautical St - Apartments FOR SALE


Anaheim, CA 92802- Anaheim Resort
$2,100,000 USD
626-460-0088
2044 S Nautical St, Anaheim, CA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/13
null | 4.4% Cap Rate

2044 S Nautical St
Anaheim, CA 92802
Anaheim Resort


HIGHLIGHTS

  • Great location near Angel Stadium and 3 miles to Disneyland
  • Potential future redevelopment or 2 units eligible for renovation
  • Stable rising income with eligibility for Rent Increase

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$203 USD /SF

# OF UNITS

4

PRICE/UNIT

$525,000

CAP RATE

4.4%

% 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

1969

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,928 SF

ZONING

MFD

APN/PARCEL ID

137-431-27

ASK ABOUT THIS PROPERTY

Keny ChangKingstone Capital PropertiesMore Info
626-460-0088

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Keny ChangKingstone Capital PropertiesMore Info
626-460-0088

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