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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 9,500,000
Est. payment | /mo
22,532 SqFt
$ 9,500,000
Est. payment | /mo
22,532 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 22,532 sqft
Price per Sqft $421
MLS Listing ID CROC26007625
HOA Y/N No
Year Built 1978
Lot Size 1.220 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
El Pueblo Apartments is a 30-unit multifamily community located at 401 South Beach Boulevard in Anaheim, California. Built in 1978 and situated on a 1.22-acre parcel, the property offers an attractive unit mix, strong existing amenities, and meaningful upside through both rental growth and potential accessory dwelling unit expansion. El Pueblo Apartments features a desirable mix of 24 one-bedroom/one-bathroom units and six two-bedroom/one-bathroom units, appealing to a broad tenant base. Each unit includes a private patio or balcony, with vaulted ceilings in second-floor residences enhancing natural light and livability. The community is supported by a compelling amenity package, including a swimming pool, on-site laundry facilities, and secure gated pedestrian access. Parking is a key differentiator, with 30 garage spaces and 20 surface spaces. Two-bedroom units are assigned two parking spaces, while one-bedroom units receive one assigned space, offering a parking ratio that is uncommon for properties of this vintage and size in the submarket. The asset presents substantial value-add potential, with the opportunity to increase rental income through continued interior upgrades and operational improvements. Additionally, the expansive 1.22-acre site provides potential for accessor
Location
State CA
County Orange
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Level

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Paul LeJoy
Broker-Owner | Lic# 01467744

