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Listed by Ryan Loria • Triqor Group

$1,495,000

Est. payment - /mo

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4,185 SqFt

Pending

2858 W Lincoln Avenue Anaheim, CA 92801

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Daniel Ripper

[email protected] +1(415) 205-6312

UPDATED:

10/15/2024 01:09 AM

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

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1976

Lot Size 7,585 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

Interior

Fireplace No

Laundry Common Area

Building

Lot Description Other

Water Public

© 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.

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Daniel Ripper

Broker Associate | License ID: 01382609

+1(415) 205-6312

Daniel Ripper

2858 W Lincoln Avenue Anaheim, CA 92801

Daniel Ripper

Key Details

Location

Interior

Building

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2858 W Lincoln Avenue