CA > Anaheim
Anaheim, CA 92805,527 N Anna DR
Anaheim, CA 92805,527 N Anna DR
Anaheim, CA 92805,527 N Anna DR
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$5,100,000
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0.33 Acres Lot
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527 N Anna DR Anaheim, CA 92805

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25228125

HOA Y/N No

Year Built 1960

Lot Size 0.330 Acres

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 16.0

Garage Description 16.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 16

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 07318311

Energy Description 5500.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Tyler Leeson Marcus & Millichap RE Invest tleeson@marcusmillichap.com

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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