612 N Olive St - Apartments FOR SALE


Anaheim, CA 92805- The Colony
$5,250,000 USD
213-864-2862
612 N Olive St, Anaheim, CA for Sale
$5,250,000 USD
Apartments - FOR SALE
1/17
null | 5.34% Cap Rate

612 N Olive St
Anaheim, CA 92805
The Colony


OVERVIEW

• Single Story Value-Add Investment with Huge Upside • Three Parcels of Land (No On-Site Manger Requirements) • Opportunity to Sell Each Individual Parcel (Two Parcels allow for Residential Financing) • Located in the Historic District of Anaheim, CA • No Rent Control (Other than AB 1482) with Significant Upside • Recent Main Electrical Panel Upgrades • Great Unit Mix of: (1) 4 Bed / 2 Bath House, (2) 3 Bed / 2 Bath, (6) 2 Bed / 1 Bath & (8) 1 Bed / 1 Bath • Garage and Open Parking Available • First Time on the Market in 41+ Years

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$288 USD /SF

# OF UNITS

17

PRICE/UNIT

$308,824

CAP RATE

5.34%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,109 SF

ZONING

RS-3

APN/PARCEL ID

035-164-02,035-164-26,035-164-27

ASK ABOUT THIS PROPERTY

Patrick SwansonStream Realty Partners, LPMore Info
213-864-2862

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Patrick SwansonStream Realty Partners, LPMore Info
213-864-2862

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