2228 E Westport Dr - Apartments FOR SALE


Anaheim, CA 92806- South Anaheim
$3,800,000 USD
949-942-1302
2228 E Westport Dr, Anaheim, CA for Sale
$3,800,000 USD
Apartments - FOR SALE
1/14
null | 5.03% Cap Rate

2228 E Westport Dr
Anaheim, CA 92806
South Anaheim


HIGHLIGHTS

  • Strong Unit Mix
  • Seperately Metered Utilities
  • Stable Income Profile
  • 100% Single Story Construction

OVERVIEW

2228 E. Westport Drive is a well-maintained 12-unit multifamily property located in the desirable Southeast Anaheim submarket. Built in 1960, the property consists of a single-story building totaling approximately 7,620 square feet on a 21,945 square foot lot, offering an attractive, low-density layout with strong tenant appeal. The unit mix includes eleven one-bedroom units and one two-bedroom, one-bath unit, catering to consistent rental demand in the area. The property benefits from separately metered gas and electric, six double-car garages, and on-site laundry, providing operational efficiency and additional income potential. The asset offers a stable income profile with in-place rents near market levels, minimizing risk while still presenting upside through RUBS implementation and garage income. Its 100% single-story construction enhances tenant desirability and reduces turnover, while the property’s location near Anaheim Town Square, major employment centers, and key attractions such as Disneyland, Angel Stadium, and the Honda Center supports long-term rental demand. With its strong unit mix, efficient operations, and prime location within Orange County, 2228 E. Westport Drive represents a compelling opportunity to acquire a stabilized asset with future income growth potential.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$499 USD /SF

# OF UNITS

12

PRICE/UNIT

$316,667

CAP RATE

5.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,497 SF

ZONING

R3

APN/PARCEL ID

083-444-09

ASK ABOUT THIS PROPERTY

Jason KirklenKirklen Investment GroupMore Info
949-942-1302

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Jason KirklenKirklen Investment GroupMore Info
949-942-1302

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