314 S Rose Street
Anaheim, CA 92805
0.91 acres | #PW24172588
Description
Pleased to present The Anaheim Regency Apartments, a 30-unit complex located in Anaheim, the largest city in Orange County. Constructed in 1986 and operated under current ownership for over 27 years, this property offers a prime added value opportunity for new investors. With 93% of the units being 2BR/2BA apartments, the property boasts significant potential, including a projected ±38% in rental upside. The highly motivated seller is committed to selling this asset and is open to any and all offers, prepared to accept whatever price the market will bear. This presents a rare chance to acquire an attractive property in a prime rental location at an exceptional price.
The building is conveniently located within walking distance of the Anaheim Packing District and numerous restaurants and retail shops along Lincoln Avenue, Anaheim Boulevard, and Harbor Boulevard. Residents enjoy amenities such as secure access, patios, balconies, central A/C and heat, laundry facilities, storage options, and 72 covered parking spaces—more than one parking space per bedroom. This offers an additional income stream for new investors by providing tenants with extra parking for a fee. Situated on a ±39,541 square foot lot, the property also provides ample open space for tenants. The Anaheim Regency Apartments is a truly unique asset, making it an excellent addition for both short-term, added-value investors and long-term, cash flow-oriented owners.
Property Details
- Stories2
Measurements
- Acres0.9077
Parking
- Parking Spaces72
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1986
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyOrange
Financial Details
- Original List Price$10,500,000
- Taxes Annual$122,954
Other
- MLS #PW24172588
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Rick Applebaum (#PAPPLRIC)
Listing Office: Morgan Skenderian (#PB8846)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.