$1,495,000
2858 W Lincoln AVE Anaheim, CA 92801
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$1,495,000
Est. payment /mo
7,583 Sqft Lot
Active Under Contract
2858 W Lincoln AVE Anaheim, CA 92801
UPDATED:
10/14/2024 05:36 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision ,Anaheim
MLS Listing ID PW24152339
HOA Y/N No
Year Built 1976
Lot Size 7,583 Sqft
Property Description
We are pleased to present Lincoln Apartments, a 4-unit apartment building in Anaheim, CA. The property consists of large 2 and 3-bedroom units with patios/balconies and garage parking spaces. The asset also features individual gas and electric meters and a shared laundry facility. Having been professionally managed throughout ownership, the property is on the market for the first time in 24 years. With strong in-place rents, this property offers an investor the opportunity to acquire a high cash-flowing asset generating a 4.8% cap rate with current rents, 6.3% with market rents. This property is ideal for investors seeking a well-priced, value-add opportunity in a sought-after location.
Location
State CA
County Orange
Area 79 - Anaheim West Of Harbor
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 12601232
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Ryan Loria • Triqor Group • 949-756-3232
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