527 N Anna DR new Save Request In-Person Tour Request Virtual Tour
Anaheim,CA 92805
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25228125
HOA Y/N No
Year Built 1960
Lot Size 0.330 Acres
Property Sub-Type Apartment
Property Description
527 North Anna Drive is a 16-unit multifamily community located in Anaheim, California. The property features a desirable mix of twelve one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units, appealing to a wide tenant base of individuals, couples, and small families. Current ownership has invested significant capital into the community, including dual-pane windows and new exterior paint throughout the property, creating a well-maintained and attractive living environment. The property also provides residents with gated access, an on-site laundry facility, and sixteen garage spaces, while a spacious paved patio enhances curb appeal and reduces landscaping expenses. Ownership has further implemented a ratio utility billing system (RUBS), enabling recovery of utility costs and contributing to efficient operations. 527 North Anna Drive is strategically positioned within walking distance of Sycamore Junior High School as well as Sycamore Plaza, a neighborhood center anchored by Stater Bros. Markets and Harbor Freight, and Granada Square, anchored by Superior Grocers and CVS. These retail hubs provide tenants with convenient access to everyday needs. Within a three-mile radius, residents benefit from proximity to California State University Fullerton, Downtown Fullerton, Downtown Anaheim, Disneyland Resort, and the Honda Center, connecting the community to some of the region's most important educational, cultural, and entertainment destinations. The property also provides quick access to State Routes 57 and 91, offering seamless transportation throughout Orange and Los Angeles Counties. The property has been stabilized at near-market rental levels, offering investors the opportunity to acquire a strong performing asset with reliable in-place cash flow.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 16.0
Garage Description 16.0
Pool None
Community Features Curbs,Gutter(s),Sidewalks
Total Parking Spaces 16
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 07318311
Energy Description 5500.0
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard