$2,100,000
For Sale

2044 S Nautical Street

Anaheim, CA 92802
0.18 acres | #WS25045586
Listing OfficeKingstone Capital Properties
Browse 14 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Prime Investment Opportunity in Anaheim – Fully Occupied 4-Unit Apartment Near Disneyland and Angel Stadium!
Discover an exceptional investment opportunity in Anaheim, CA! This fully occupied 4-unit apartment building is strategically located just 3 miles from Disneyland and a short distance from Angel Stadium, making it a dream investment. With new plumbing, fresh paint, a dedicated laundry room, and a satisfactory balcony inspection in compliance with SB721, this property is not only well-maintained but also primed for increased returns.
Property Highlights:
Unit Mix:
1 Unit: 3 Bedrooms, 2 Bathrooms
3 Units: 2 Bedrooms, 1 Bathroom
Current CAP Rate: 4.40%+
Potential CAP Rate (Post-Renovation): 5.45%+
Recent Upgrades:
New Plumbing: Ensures long-term reliability and reduces maintenance costs.
Fresh Paint: Enhances curb appeal and tenant satisfaction.
Satisfactory Balcony Inspection (SB721 Compliance): Ensures structural safety and compliance with California regulations, minimizing potential liabilities.
Dedicated Laundry Room: Convenient on-site laundry facilities for tenants, adding value and appeal.
Renovation Status:
2 Units: Beautifully remodeled and commanding market rent.
2 Units: Opportunity for upgrades to further boost rental income and maximize the CAP rate.
Key Features:
Prime Location: Easy access to entertainment hubs, dining, and major highways.
Steady Cash Flow: Fully occupied with reliable tenants.
Value-Add Potential: Renovate the remaining two units to unlock higher rental income.
Whether you’re a seasoned investor or looking to expand your portfolio, this property offers a perfect blend of stability, growth potential, and low-maintenance benefits. Act fast, opportunities like this don’t last long in Anaheim!
Contact us today to secure this promising investment!
DO NOT DISTURB THE TENANTS!

  • Property Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
      • Lot DescriptionSixToTenUnitsAcre
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$2,100,000
      • MLS #WS25045586
      • Property SubtypeQuadruplex
      • MLS #WS25045586
      • Cost2100000
      • Utility SourcePublic
      • CountyOrange
      • Acres0.18
      • Year Built1969
      • Stories2
      • Parking Spaces5

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
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