Anaheim, CA 92804,229 S Delano
Anaheim, CA 92804,229 S Delano
Anaheim, CA 92804,229 S Delano
Anaheim, CA 92804,229 S Delano
Anaheim, CA 92804,229 S Delano
Anaheim, CA 92804,229 S Delano
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Paul LeJoy

Paul LeJoy

+1(510) 299-0093
Listed by Erik Kaiser • RE/MAX TerraSol
$ 1,850,000
Est. payment | /mo

4,357 SqFt

Save
$ 1,850,000
Est. payment | /mo
Save

4,357 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,357 sqft

Price per Sqft $424

MLS Listing ID CROC25275804

HOA Y/N No

Year Built 1968

Lot Size 7,841 Sqft

Property Sub-Type Quadruplex

Source Datashare California Regional

Property Description

Excellent opportunity to acquire a fully occupied 4-unit property on a cul-de-sac, in the highly desirable West Anaheim rental market. This well-maintained Covington model fourplex is widely regarded as one of the most sought-after 4-plex designs in the area due to its functional layouts, private garages, and strong tenant appeal. Calculated with the current rent increase set for Feb. 1, 2026, The property will be operating at a Gross Rent Multiplier (GRM) of 15.60 with a Cap Rate of approximately 5.36%, offering immediate income with clear upside potential through future rent increases and potentially additional parking income. All four units are occupied by strong, long-term tenants, providing stability and consistent cash flow. Each unit has been updated with newer kitchens and bathrooms, along with newer carpeting and laminate flooring, making the property well positioned for continued tenant retention and future rent growth. Key features include: Private garages for each unit with interior garage laundry, Additional community laundry, creating multiple income streams, Updated windows, Well-maintained exterior and systems, Attractive grass yard courtyard area, enhancing tenant livability and curb appeal, Additional parking income potential. The property is ideally located nea

Location

State CA

County Orange

Interior

Heating Wall Furnace, Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Laminate, Carpet

Fireplace No

Laundry Common Area, In Garage

Exterior

View None

Building

Lot Description Cul-De-Sac, Other

Bay East Association of Realtors
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Cerritos Elementary School

    Public | KG - 6

  • 10

    George B. Miller Elementary School

    Public | KG - 6

  • 10

    Patton Elementary School

    Public | KG - 6

  • 9

    Juliet Morris Elementary School

    Public | KG - 6

  • 9

    Frank Vessels Elementary School

    Public | KG - 6

  • 9

    Buena Terra Elementary School

    Public | KG - 6

  • 8

    Glen H. Dysinger Sr. Elementary School

    Public | KG - 6

  • 8

    Peter Marshall Elementary School

    Public | KG - 6

  • 8

    Louis G. Zeyen Elementary School

    Public | KG - 6

  • 8

    Gilbert Elementary School

    Public | KG - 6

  • 8

    Walt Disney Elementary School

    Public | KG - 6

  • 7

    San Marino Elementary School

    Public | KG - 6

  • 7

    A. E. Arnold Elementary School

    Public | KG - 6

  • 7

    Raymond Temple Elementary School

    Public | KG - 6

  • 7

    Cerritos Elementary School

    Public | KG - 6

  • 7

    Albert Schweitzer Elementary School

    Public | KG - 6

  • 7

    Jonas E. Salk Elementary School

    Public | KG - 6

  • 7

    Juliette Low Elementary School

    Public | KG - 6

  • 7

    Faylane Elementary School

    Public | KG - 6

  • 6

    Arthur F. Corey School

    Public | PK - 6

Middle Schools 10
  • 9

    Hilton D. Bell Intermediate School

    Public | 7 - 8

  • 6

    Walker Junior High School

    Public | 7 - 8

  • 4

    Orangeview Junior High School

    Public | 7 - 8

  • 3

    Buena Park Junior High

    Public | 7 - 8

  • 3

    Dale Junior High School

    Public | 7 - 8

  • 3

    Brookhurst Junior High School

    Public | 7 - 8

  • 1

    Hope

    Public | 7 - 12

  • 0

    Wisdom Mission School

    Private | 6 - 12

  • 0

    Rossier Park School

    Private | 8 - 12

  • 0

    Marie L. Hare High School

    Public | 7 - 12

High Schools 9
  • 9

    Cypress High School

    Public | 9 - 12

  • 8

    John F. Kennedy High School

    Public | 9 - 12

  • 6

    Rancho Alamitos High School

    Public | 9 - 12

  • 6

    Buena Park High School

    Public | 9 - 12

  • 3

    Western High School

    Public | 9 - 12

  • 2

    Savanna High School

    Public | 9 - 12

  • 1

    Magnolia High School

    Public | 9 - 12

  • 0

    Cornelia Connelly School

    Private | 9 - 12

  • 0

    Fairmont Preparatory Academy

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Paul LeJoy
Paul LeJoy

Broker-Owner | Lic# 01467744

+1(510) 299-0093

34906 Newark Blvd, Newark, CA

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229 S Delano