601 N Pauline St - Apartments FOR SALE


Anaheim, CA 92805- The Colony
$2,350,000 USD
949-681-8388
601 N Pauline St, Anaheim, CA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/9
null | 6.43% Cap Rate

601 N Pauline St
Anaheim, CA 92805
The Colony


HIGHLIGHTS

  • Well-maintained 8-unit multifamily asset located in a strong Anaheim rental corridor
  • Desirable garden-style building with excellent curb appeal and efficient low-rise design
  • Larger square foot 1-Bed / 1-Bath units and newer double pane vinyl windows
  • Approximately 5,136 SF of rentable space situated on a sizeable ±0.23 AC lot
  • Each unit includes private one-car garage parking, and additional street parking
  • Individually metered for gas and electricity, helping reduce owner utility expenses

OVERVIEW

Mark Bridge at Matthews is pleased to present 601 N Pauline St, a prime multifamily investment opportunity located in the thriving Anaheim rental market. Built in 1961, the property consists of eight well-maintained 1-bedroom / 1-bathroom units totaling approximately 5,136 square feet on a ±0.23-acre lot. The property features a desirable low-rise garden-style layout with strong curb appeal and functional floor plans averaging approximately 640 square feet per unit. Each unit includes its own living room, kitchen, and dedicated one-car garage parking, providing an attractive amenity package for tenants. Ownership benefits from separately metered gas and electric utilities, helping minimize operating expenses, while the on-site laundry facility with newer washers and dryers provide added tenant convenience and supplemental income potential. The property’s pitched roof design, newer hot water heater, ample parking, and well-maintained condition further contribute to its long-term investment appeal. Ideally situated near Anaheim Boulevard and Lincoln Avenue, the property offers convenient access to major employment and entertainment destinations including the Anaheim Packing House, Disneyland, Honda Center, and Angel Stadium. Residents also enjoy close proximity to the 5, 57, and 91 Freeways, providing strong regional connectivity throughout Orange County and surrounding areas. Mark Bridge - 949-681-8388 - Mark.Bridge@Matthews.com Broker of Record - David Harrington License # 01320460, 02168060 (CA) Matthews Real Estate Investment Services, Inc

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$458 USD /SF

# OF UNITS

8

PRICE/UNIT

$293,750

CAP RATE

6.43%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

Multifamily

APN/PARCEL ID

035-164-24

ASK ABOUT THIS PROPERTY

Mark BridgeThe Bridge Multifamily Team at MatthewsMore Info
949-681-8388

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Mark BridgeThe Bridge Multifamily Team at MatthewsMore Info
949-681-8388

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