Anaheim, CA 92806,2109 E Westport Drive
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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 3,800,000
Est. payment | /mo

8,800 SqFt


Save
$ 3,800,000
Est. payment | /mo
Save

8,800 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,800 sqft

Price per Sqft $431

MLS Listing ID CROC26018438

HOA Y/N No

Year Built 1959

Lot Size 0.400 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

The Westporter Apartment Homes is a well-located 14-unit multifamily investment situated on two adjacent parcels with a shared central courtyard at 2109 & 2113 East Westport Drive in Anaheim. Constructed in 1959, the property features a desirable unit mix of 12 one-bed/one-bath units and 2 two-bed/one-bath units, supported by 14 garage spaces, security entry doors, and two on-site laundry facilities (one per building). The asset is being offered at a 5.26% CAP rate on current rents, with the potential to achieve a 6.73% CAP rate on market rents, providing clear income growth through continued rent optimization. Current ownership has implemented RUBS, allowing for the recovery of utility expenses and improving operational efficiency. Combined with ancillary income from laundry, The Westporter Apartment Homes presents investors with a balanced opportunity offering both immediate yield and long-term upside in one of Orange County's most active rental markets.

Location

State CA

County Orange

Interior

Fireplace No

Laundry Common Area

Building

Lot Description Level

Bay East Association of Realtors

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Acacia Elementary School

    Public | KG - 6

  • 8

    Parkview Elementary School

    Public | KG - 6

  • 7

    John O. Tynes Elementary School

    Public | KG - 6

  • 6

    Richman Elementary School

    Public | KG - 6

  • 6

    Maple Elementary School

    Public | KG - 6

  • 6

    Franklin (Benjamin) Elementary School

    Public | KG - 6

  • 6

    Ruby Drive Elementary School

    Public | KG - 6

  • 6

    Fletcher Elementary School

    Public | KG - 6

  • 5

    Stoddard (Alexander J.) Elementary School

    Public | KG - 6

  • 5

    Woodcrest Elementary School

    Public | KG - 6

  • 5

    Raymond Elementary School

    Public | KG - 6

  • 5

    Roosevelt (Theodore) Elementary School

    Public | KG - 6

  • 5

    Melrose Elementary School

    Public | KG - 5

  • 5

    Rio Vista Elementary School

    Public | KG - 5

  • 5

    Olive Elementary School

    Public | KG - 6

  • 4

    Jefferson (Thomas) Elementary School

    Public | KG - 6

  • 4

    Juarez (Benito) Elementary School

    Public | KG - 6

  • 4

    Sunkist Elementary School

    Public | KG - 6

  • 4

    Sycamore Elementary School

    Public | KG - 6

  • 3

    Mann (Horace) Elementary School

    Public | KG - 6

Middle Schools 8
  • 7

    Kraemer Middle School

    Public | 7 - 8

  • 6

    Ladera Vista Junior High School

    Public | 7 - 8

  • 6

    Yorba Middle School

    Public | 6 - 8

  • 4

    Valadez Middle School Academy

    Public | 6 - 8

  • 2

    South Junior High School

    Public | 7 - 8

  • 1

    Sycamore Junior High School

    Public | 7 - 8

  • 0

    Anaheim Discovery Christian Schools

    Private | 7 - 12

  • 0

    Pyramid Autism Center

    Private | 6 - 12

High Schools 9
  • 10

    Troy High School

    Public | 9 - 12

  • 9

    Valencia High School

    Public | 9 - 12

  • 7

    Fullerton Union High School

    Public | 9 - 12

  • 5

    Katella High School

    Public | 9 - 12

  • 4

    Anaheim High School

    Public | 9 - 12

  • 3

    Orange High School

    Public | 9 - 12

  • 0

    Orange County Conservation Corps Charter

    Public | 9 - 12

  • 0

    La Sierra High (Alternative)

    Public | 9 - 12

  • 0

    La Vista High (Continuation)

    Public | 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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2109 E Westport Drive