1512 S Ninth Street, Anaheim, CA 92802

$3,190,000

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Sold Price
$3,190,000
List Price
$3,345,000
Closing Date
Jan 15, 2026
Status
CLOSED
MLS#
PW25162207
Year Built
1976
Lot Size
14,850
Acres
0.34
Days on Market
104
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
Other

Property Description

This well-maintained 10-unit apartment building, built in 1976, is ideally situated in the heart of Anaheim, just two blocks from world-famous Disneyland and Downtown Disney. The property offers an attractive unit mix of large one-bedroom and two bedroom units, all featuring private patios or balconies, wall A/C units, and generous floorplans that appeal to long-term renters. Residents benefit from (16) enclosed garages (1.6 per unit), a convenient on-site laundry facility, and a recently completed new roof, enhancing the building's structural integrity and long-term value. The property currently operates at a strong 5.2% CAP rate on in-place rents with room still to increase income. *7 of the 10 units are eligible for 8% rent increases effective April 1, 2026.

Additional Information

Pool Description
None
Heat
Forced Air
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
16
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
10
Gross Scheduled Income
$253,889
Operating Expense
74084

Listing courtesy of Listing Agent: Paul Espinosa (paul@morganskenderian.com) from Listing Office: Morgan Skenderian.

Listing sold by Marisol Weinstelbaum from LONE HILL PROPERTIES

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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.