1827 W Glencrest Avenue, Anaheim, CA 92801

$1,575,000

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List Price
$1,575,000
Status
ACTIVE
MLS#
OC26147862
Year Built
1960
Lot Size
5,663
Acres
0.13
Lot Location
2-5 Units/Acre
Days on Market
20
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

1827 W. Glencrest Avenue presents investors with the opportunity to acquire a well-maintained four-unit apartment community in the heart of Anaheim. The property features a highly desirable unit mix consisting of three spacious two-bedroom/one-bath units and one three-bedroom/two-bath unit, with each residence benefiting from washer and dryer hookups, garage parking, and select private patios—amenities that continue to drive strong tenant demand. Current ownership has implemented a thoughtful interior renovation program designed to enhance resident appeal while minimizing future capital expenditures. Select units have been extensively updated with fresh interior paint, durable new flooring, modern kitchen cabinetry, updated countertops, new faucets, stainless steel sinks, new garbage disposals with updated plumbing, new ranges, contemporary range hoods, and new window blinds. These improvements provide residents with a modern living experience while positioning the property to achieve premium market rents. Further enhancing the investment, the property is separately metered for gas and electricity, helping reduce operating expenses for ownership. Ideally located just minutes from the 5 and 91 Freeways, Anaheim Regional Medical Center, major retail centers, restaurants, and everyday conveniences, 1827 W. Glencrest Avenue offers investors a rare combination of stable in-place income, quality physical improvements, and long-term appreciation potential in one of Orange County's strongest rental markets.

Additional Information

Pool Description
None
Heat
Forced Air
Cooling Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$112,752
Operating Expense
40457

Listing courtesy of Listing Agent: Jason Kirklen (jason@kig-usa.com) from Listing Office: Kirklen Investment Group.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.