3221 W Ball Rd - Apartments FOR SALE


Anaheim, CA 92804- South Anaheim
$4,399,000 USD
949-500-5099
3221 W Ball Rd, Anaheim, CA for Sale
$4,399,000 USD
Apartments - FOR SALE
1/17
null | 4.41% Cap Rate

3221 W Ball Rd
Anaheim, CA 92804
South Anaheim


HIGHLIGHTS

  • Property Qualifies for Incredible 5.05% Interest Only Financing
  • Majority 2 & 3 Bedroom Units with Fireplaces & Private Patios
  • Attractive Single-Story Layout with Ample Garage, Carport & Open Parking
  • Recent Capital Improvements Include New Electrical Panels, Roof Repairs & Replacements, Major Plumbing Upgrades, and a New Parking Gate
  • Large 36,458 SF Lot with Concrete Driveways & Gated Access

OVERVIEW

3221 W. Ball Road is an attractive multifamily community offering a rare combination of comfort, scale, and upside potential in one of Orange County’s most desirable rental markets. Situated on a spacious 36,458 SF lot, the property features all single-story units, an increasingly sought-after design that enhances privacy and livability. Each unit includes a cozy fireplace and private patio, creating a home-like atmosphere that appeals to long-term tenants. The community is further supported by a pool and an on-site laundry room (owned machines), providing additional income and convenience. With a unit mix primarily composed of large 2 and 3 bedroom layouts, ample carport, garage, and open parking, the property caters well to families and professionals alike. Recent capital improvements, including new electrical panels, roof repairs and replacements, major plumbing upgrades, a new parking gate, and termite treatment, significantly reduce near-term expenses. With a projected 31% rental upside, this asset presents a compelling opportunity for investors seeking both stability and growth in a high-demand Anaheim submarket.

FOR SALE DETAILS

PRICE

$4,399,000 USD

PRICE/SF

$479 USD /SF

# OF UNITS

14

PRICE/UNIT

$314,214

CAP RATE

4.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3221 W Ball Rd

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,458 SF

ZONING

R3

APN/PARCEL ID

079-441-38

ASK ABOUT THIS PROPERTY

Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

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Rick ApplebaumMorgan-Skenderian Investment Real Estate GroupMore Info
949-500-5099

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