670 S Magnolia Ave - Apartments FOR SALE


Anaheim, CA 92804- South Anaheim
$4,250,000 USD
714-616-0689
670 S Magnolia Ave, Anaheim, CA for Sale
$4,250,000 USD
Apartments - FOR SALE
1/12
null | 4.09% Cap Rate

670 S Magnolia Ave
Anaheim, CA 92804
South Anaheim


HIGHLIGHTS

  • All Townhome Floorplans
  • 2006 Construction- Originally built as condominiums
  • Large Two- & Three-Bedroom Units (1,607 SF)
  • Units Include In-Unit Washer/Dryer Hookups, Direct-Access Two-Car Garage, High Vaulted Ceilings, Central Air Conditioning & Heating, Private Balconies
  • (2) Units Recently Updated with Light Wood Laminate Flooring, Refreshed Countertops & New Interior Paint
  • Located Near Major Thoroughfares, including Orange Avenue & S. Magnolia Avenue and Less Than 5-Miles from the Disneyland Resorts

OVERVIEW

Opportunity to acquire a 7-unit multifamily community constructed in 2006, in a prime Anaheim location. The property features all townhome-style units with spacious two- and three-bedroom layouts averaging approximately 1,607 square feet. Each unit includes in-unit washer/dryer hookups, direct-access two-car garages, vaulted ceilings, central HVAC, and private balconies or patios. Two units have been recently updated with new flooring, refreshed countertops, and interior paint, providing immediate upside. Conveniently located near Orange Ave and S. Magnolia Ave, and less than five miles from Disneyland, with easy access to major employment, retail, and dining.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$378 USD /SF

# OF UNITS

7

PRICE/UNIT

$607,143

CAP RATE

4.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,400 SF

ZONING

RM-3

APN/PARCEL ID

939-340-35,939-340-36,939-340-37,939-340-38,939-340-39,939-340-40,939-340-41

ASK ABOUT THIS PROPERTY

714-616-0689

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714-616-0689

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