307 N East St, Anaheim, CA 92805
307 N East St, Anaheim, CA 92805
307 N East St, Anaheim, CA 92805
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$3,590,000
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0.34 Acres Lot
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307 N East St Anaheim, CA 92805

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26206354

HOA Y/N No

Year Built 1956

Lot Size 0.342 Acres

Property Sub-Type Apartment

Property Description

307 & 319 N East Street is a well-maintained, 12-unit (6+6) multifamily community consisting of two 6-unit complexes located in the historic Colony neighborhood of central Anaheim, offering investors an opportunity to acquire a core central Orange County asset with an in-place 5.11% cap rate and significant upside. The property's desirable location and dedicated garage parking per unit enhance operational simplicity while appealing to a broad renter base seeking convenience, privacy, and quality housing in one of Orange County's most accessible and amenity-rich neighborhoods. The asset features a well-balanced unit mix of four large 2-bed/1-bath and eight 1-bed/1-bath residences. The property has been thoughtfully maintained, with recent capital improvements including vinyl window replacements and the completion of SB-721 balcony inspection and repair work. Additional upside exists through the property's ADU potential, providing a clear and executable opportunity to increase density and further enhance net operating income.

Location

State CA

County Orange

Area 78 - Anaheim East Of Harbor

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 12.0

Garage Description 12.0

Pool None

Community Features Sidewalks

Total Parking Spaces 12

Private Pool No

Building

Lot Description Landscaped

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 03522409

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Brett Bayless Brett Bayless, Broker 949-887-2465, DRE #01718244

NEARBY SCHOOL & BUSINESS

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Patrick Fossati

Patrick Fossati

Broker Associate License ID: 01907255

+1(805) 910-0463

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