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Listed by Ruben Khorsandi • Alliance Investment RE Group
$ 6,495,000
Est. payment | /mo
15,058 SqFt
$ 6,495,000
Est. payment | /mo
15,058 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 15,058 sqft
Price per Sqft $431
MLS Listing ID CROC26008353
HOA Y/N No
Year Built 1969
Lot Size 0.540 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Welcome to Montrose Villa Apartment Homes, a 20 unit multifamily community located at 1521 East Canfield Lane, in the city of Anaheim, California. This two story gated asset benefits from a desirable unit mix of one and two bedroom floorplans, with the average spacious square footage at approximately 752 square feet. Most of the units have been rehabbed to some degree including new vinyl flooring, Quartz countertops with designer backsplashes, new vanities, and new appliances. There are also many new vinyl windows and each unit has a wall AC. All of the main electrical panels have also just been replaced to eliminate any issues with insurance carriers. The property is also individually metered for Gas and Electric along with tenants paying for the trash directly to the city of Anaheim keeping operating costs for an owner to a minimum. On-site amenities include garages for each unit, a sparkling pool and on-site laundry room. While actual in place rents are strong providing for great cash flow, there is still room to raise rents for increased cash flow! Security cameras throughout the property also provide peace of mind to tenants as a safe and secure environment to live in. Additionally, the property boasts an incredibly convenient location, appealing to both regional commuters a
Location
State CA
County Orange
Interior
Fireplace No
Laundry Other

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Paul LeJoy
Broker-Owner | Lic# 01467744

