927 S Webster Ave - Apartments FOR SALE


Anaheim, CA 92804- South Anaheim
$7,450,000 USD
714-713-9086
927 S Webster Ave, Anaheim, CA for Sale
$7,450,000 USD
Apartments - FOR SALE
1/17
null | 4.78% Cap Rate

927 S Webster Ave
Anaheim, CA 92804
South Anaheim


HIGHLIGHTS

  • Rare Anaheim Offering: Boutique 16-unit community in a supply-constrained market with strong rental demand and low vacancy rates
  • Highly Desirable Unit Mix: Predominantly two-bedroom townhomes with large layouts and functional floor plans that cater to families and working profes
  • Attractive Amenity Package: Gated entry, on-site laundry, ample carport parking w/direct access for townhome units, & spacious patios (select units)
  • Optimal Anaheim Location: Situated near major employers and entertainment destinations including Knott’s Berry Farm, Buena Park Downtown, & Disneyland

OVERVIEW

The Leeson Group of Marcus & Millichap is pleased to present the exclusive opportunity to acquire French Quarter Apartments, a 16-unit multifamily investment property located at 927 South Webster Avenue in Anaheim, California. Constructed in 1968, the property offers a total of approximately 19,214 rentable square feet situated on a 0.87-acre lot. The unit mix consists of two, one-bedroom units and fourteen, two-bedroom units, with an average unit size of approximately 1,200 square feet. Several floor plans are offered across the property, including both single-story flats and two-story townhome-style units, providing flexibility and appeal to a wide range of tenants. Amenities at the property include gated access, on-site laundry facilities, and carport parking, with direct access available for the townhome units. Select units also feature private patios. French Quarter Apartments is located on South Webster Avenue, a desirable residential corridor for both renters and operators due to its quiet atmosphere and proximity to daily conveniences. The property benefits from its West Anaheim location, placing it within walking distance of elementary, middle, and high schools, making it especially attractive for families. In addition, residents enjoy easy access to local retail centers, public parks, and major regional destinations such as Knott’s Berry Farm, Buena Park Downtown, and Disneyland. This offering presents an investor with the opportunity to acquire a well-situated property in a densely populated rental market with strong surrounding fundamentals. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$7,450,000 USD

PRICE/SF

$388 USD /SF

# OF UNITS

16

PRICE/UNIT

$465,625

CAP RATE

4.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

French Quarter Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

38,054 SF

ZONING

R3

APN/PARCEL ID

127-302-08

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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