1032 N Acacia Street, Anaheim, California 92805, Anaheim, 92805 - 0 bed, 0 bath
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Anaheim, California 92805
This Triplex presents a High-Potential Investment Opportunity with a List Price of $1,400,000—positioned well below the $1,452,950 Fair Market Value by 3%. This valuation gap offers $52,950 in Instant Equity. Featuring a Condition Rating of 3, the property includes Granite Kitchens and In-Unit Laundry. With significant rental upside and a rare 3-bedroom unit mix, this asset is ideal for Buy-and-Hold Investors or Value-Add Investors seeking to optimize long-term operating income.
Property is move-in ready.
Despite the 1946 build date, the units have undergone significant renovations within the last 5-15 years, featuring granite countertops, updated cabinetry, and stainless steel appliances. The property is well-maintained, fully functional, and move-in ready for tenants, though the presence of window fans suggests older HVAC systems.
All three units feature a 3-bedroom, 2-bathroom configuration, which is a rare and highly desirable layout for families that typically commands higher rent and lower vacancy rates.
With current rents positioned below market value, there is a substantial opportunity for an investor to increase the property's capitalization rate and overall valuation through strategic rent adjustments.
The property offers premium features including private backyards, in-unit laundry, and an exceptional parking ratio of nearly three spots per unit, significantly enhancing long-term tenant retention.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9148, other record lot size in square feet = 9229. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3438, other record living area = 1527.
Built in 1946, the property may require significant capital expenditures for modernizing aging infrastructure, such as plumbing, electrical systems, or roofing, to meet modern standards.
Transitioning long-term tenants to market-rate rents can be a slow process and may involve high turnover costs to renovate units for new occupants to realize the full income potential.
This amazing Triplex in Anaheim features 3 units, all with 3 generously sized bedrooms, 2 bathrooms, private backyards, in-unit laundry, and very functional and spacious floorpans. There are 6 parking spots under the covered parking structure, as well as 2 open air parking spots on the lot. All units are tenant occupied with long-term tenants. Rents are below market, so there is a great opportunity to increase the building's operating income. Don't miss the opportunity to make this property yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,438 | 3,438 | 50% |
| Lot Size | 9,148 | 9,148 | 50% |
| Price | $1.40M | $1.40M | 50% |
| Price per sq ft | $407 | $416 | 40% |
| Built year | 1946 | 1949 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 100 | 20% |
May 17, 2026
$1,400,000
Initial Listing
Aug 5, 1998
$105,000
Public Record
Jun 15, 1995
$70,000
Public Record