4 plex in Anaheim. Conveniently located and has great potential. currently all units are occupied and rents are current. The building needs little updating but the bones are great. Rents are below market but it has great potential to increase the rent. All units are 2 bedrooms and 2 bath. Huge patio for all units. Easy to maintain and manage. Potential rent can be $105,600 per year (6.57%) once all the rents are at current market value. There are detached 5 car garage. Manager has sent out a rent increase notice and new rent will be $75,960 (per year) starting september 1.
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433 N Camden Dr, Suite 600
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2121 East Coast Hwy #180
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CA DRE# 01527644