2044 S Nautical ST Anaheim, CA 92802
7,840 Sqft Lot
UPDATED:
03/14/2025 04:12 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25045586
HOA Y/N No
Year Built 1969
Lot Size 7,840 Sqft
Property Sub-Type Quadruplex
Property Description
Discover an exceptional investment opportunity in Anaheim, CA! This fully occupied 4-unit apartment building is strategically located just 3 miles from Disneyland and a short distance from Angel Stadium, making it a dream investment. With new plumbing, fresh paint, a dedicated laundry room, and a satisfactory balcony inspection in compliance with SB721, this property is not only well-maintained but also primed for increased returns.
Property Highlights:
Unit Mix:
1 Unit: 3 Bedrooms, 2 Bathrooms
3 Units: 2 Bedrooms, 1 Bathroom
Current CAP Rate: 4.40%+
Potential CAP Rate (Post-Renovation): 5.45%+
Recent Upgrades:
New Plumbing: Ensures long-term reliability and reduces maintenance costs.
Fresh Paint: Enhances curb appeal and tenant satisfaction.
Satisfactory Balcony Inspection (SB721 Compliance): Ensures structural safety and compliance with California regulations, minimizing potential liabilities.
Dedicated Laundry Room: Convenient on-site laundry facilities for tenants, adding value and appeal.
Renovation Status:
2 Units: Beautifully remodeled and commanding market rent.
2 Units: Opportunity for upgrades to further boost rental income and maximize the CAP rate.
Key Features:
Prime Location: Easy access to entertainment hubs, dining, and major highways.
Steady Cash Flow: Fully occupied with reliable tenants.
Value-Add Potential: Renovate the remaining two units to unlock higher rental income.
Whether you're a seasoned investor or looking to expand your portfolio, this property offers a perfect blend of stability, growth potential, and low-maintenance benefits. Act fast, opportunities like this don't last long in Anaheim!
Contact us today to secure this promising investment!
DO NOT DISTURB THE TENANTS!
Location
State CA
County Orange
Area 79 - Anaheim West Of Harbor
Zoning MFD
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dryer, Washer
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Street Lights, Sidewalks, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 5
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 13743127
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Private Financing Available
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Private Financing Available
Special Listing Condition Standard
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