2044 S Nautical Street, Anaheim, CA 92802
-
Listed Price :
$2,100,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1969
Property 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!
Interior Features
Laundry Information |
Location(s) |
Common Area |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Interior Information |
Cooling Type |
Central Air |
Heating Type |
Central |
Listing Information
Address |
2044 S Nautical Street |
City |
Anaheim |
State |
CA |
Zip |
92802 |
County |
Orange |
Listing Agent |
KENY CHANG DRE #01978833 |
Courtesy Of |
Kingstone Capital Properties |
List Price |
$2,100,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Quadruplex |
Structure Size |
N/A |
Lot Size |
7,841 |
Year Built |
1969 |
Listing information courtesy of: KENY CHANG, Kingstone Capital Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 15th, 2025 at 1:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.