$1,510,000
$1,495,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
2858 W Lincoln Avenue Anaheim, CA 92801
5 Beds
4,185 SqFt
Key Details
Sold Price $1,510,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,185 sqft
Price per Sqft $360
MLS Listing ID CRPW24152339
Sold Date 11/27/24
Bedrooms 5
HOA Y/N No
Year Built 1976
Lot Size 7,585 Sqft
Acres 0.17
Property Description
We are pleased to present Lincoln Apartments, a 4-unit apartment building in Anaheim, CA. The property consists of large 2 and 3-bedroom units with patios/balconies and garage parking spaces. The asset also features individual gas and electric meters and a shared laundry facility. Having been professionally managed throughout ownership, the property is on the market for the first time in 24 years. With strong in-place rents, this property offers an investor the opportunity to acquire a high cash-flowing asset generating a 4.8% cap rate with current rents, 6.3% with market rents. This property is ideal for investors seeking a well-priced, value-add opportunity in a sought-after location.
Location
State CA
County Orange
Area Listing
Interior
Fireplace No
Laundry Common Area
Exterior
Total Parking Spaces 8
Building
Lot Description Other
New Construction No
Others
Tax ID 12601232
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 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.
Bought with RyanLoria