$1,495,000
2858 W Lincoln Avenue Anaheim, CA 92801
8
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Listed by Ryan Loria • Triqor Group
$1,495,000
Est. payment /mo
4,185 SqFt
Pending
2858 W Lincoln Avenue Anaheim, CA 92801
UPDATED:
11/13/2024 06:14 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
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