Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1960
Sq.Footage
N/A
527 North Anna Drive is a 16-unit multifamily community located in Anaheim, California. The property features a desirable mix of twelve one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units, appealing to a wide tenant base of individuals, couples, and small families. Current ownership has invested significant capital into the community, including dual-pane windows and new exterior paint throughout the property, creating a well-maintained and attractive living environment. The property also provides residents with gated access, an on-site laundry facility, and sixteen garage spaces, while a spacious paved patio enhances curb appeal and reduces landscaping expenses. Ownership has further implemented a ratio utility billing system (RUBS), enabling recovery of utility costs and contributing to efficient operations. 527 North Anna Drive is strategically positioned within walking distance of Sycamore Junior High School as well as Sycamore Plaza, a neighborhood center anchored by Stater Bros. Markets and Harbor Freight, and Granada Square, anchored by Superior Grocers and CVS. These retail hubs provide tenants with convenient access to everyday needs. Within a three-mile radius, residents benefit from proximity to California State University Fullerton, Downtown Fullerton, Downtown Anaheim, Disneyland Resort, and the Honda Center, connecting the community to some of the region’s most important educational, cultural, and entertainment destinations. The property also provides quick access to State Routes 57 and 91, offering seamless transportation throughout Orange and Los Angeles Counties. The property has been stabilized at near-market rental levels, offering investors the opportunity to acquire a strong performing asset with reliable in-place cash flow.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
16
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Size(acres)
0.33
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$5,100,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
5
-
Water Source
Public
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Location
County
Orange
Elementary School
Middle School
High School
Listing Courtesy of Tyler Leeson , Marcus & Millichap RE Invest
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