$ 1,495,000
2858 W Lincoln Avenue Anaheim, CA 92801
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,495,000
Est. payment /mo
Pending
2858 W Lincoln Avenue Anaheim, CA 92801
5 Beds
4,185 SqFt
UPDATED:
11/12/2024 11:08 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 4,185 sqft
Price per Sqft $357
MLS Listing ID CRPW24152339
Bedrooms 5
HOA Y/N No
Year Built 1976
Lot Size 7,585 Sqft
Acres 0.17
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 Listing
Interior
Fireplace No
Laundry Common Area
Exterior
Total Parking Spaces 8
Building
Lot Description Other
New Construction No
Others
Tax ID 12601232
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Ryan Loria • Triqor Group