Anaheim, CA 92801,2858 W Lincoln Avenue
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Anaheim, CA 92801,2858 W Lincoln Avenue
Anaheim, CA 92801,2858 W Lincoln Avenue
Anaheim, CA 92801,2858 W Lincoln Avenue
Anaheim, CA 92801,2858 W Lincoln Avenue

$1,510,000

Est. payment /mo

$1,495,000

1.0%
Est.Price: ?

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2858 W Lincoln Avenue Anaheim, CA 92801

5 Beds

4,185 SqFt

SOLD DATE : 11/27/2024

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

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Bridge MLS
Listed by Ryan Loria • Triqor Group
Bought with RyanLoria
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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