1810 W Greenleaf Avenue, Anaheim, California 92801, Anaheim, 92801 - bed, bath
ACTIVE UNDER CONTRACT$1,574,995
1810 W Greenleaf Avenue, Anaheim, California 92801
0Bed
0Bath
4,198Sqft
7,405Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Immediate Cash Flow & Full Occupancy: The property is fully occupied with a stated monthly rent roll of $9,254.38, providing immediate income and stable tenancy for an investor.
Top Cons:
Age of Property & Potential for Capital Expenditures: Built in 1968, the property is over 50 years old, which may lead to higher ongoing maintenance costs and the need for significant capital expenditures for major system replacements (e.g., roof, plumbing, electrical) in the near future, despite being described as 'well-maintained'.
Compared to the nearby listings
Price:$1.57M vs avg $1.29M (+$280,495)75%
Size:4,198 sqft vs avg 2,908.5 sqft88%
Price/sqft:$375 vs avg $44013%
More Insights
Built in 1968 (57 years old).
Condition: Built in 1968, this property is over 50 years old. While it benefits from recent cosmetic updates such as newer LVP flooring and fresh paint, the kitchen features older style cabinets and likely basic appliances. The heating and cooling systems (wall heaters and window AC units) are outdated, indicating a lack of central air conditioning. Bathrooms are not pictured but are likely in a similar dated condition. The property is functional and 'well-maintained' for its age, but requires minor updates to key areas like the kitchen and bathrooms to meet current aesthetic and efficiency standards.
Year Built
1968
Close
-
List price
$1.57M
Original List price
$1.57M
Price/Sqft
$375
HOA
-
Days on market
-
Sold On
-
MLS number
PW25235832
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Investor Opportunity – Fully Occupied 4-Plex in Anaheim Total Monthly Rent Roll: $9,254.38 This fully occupied four-unit property offers a strong in-place income stream in a central Anaheim location. The building features a gated, landscaped courtyard, alley-loaded garages, and a community laundry room with machines provided and serviced by an outside company. Unit Mix: (1) Three-bedroom, two-bath unit (2) Two-bedroom, one-bath units (1) One-bedroom, one-bath unit The property generates a total monthly rent roll of $9,254.38, providing investors with immediate cash flow and stable tenancy. Located near the 5 Freeway, Disneyland, the Anaheim Packing District, and local shopping and dining, this is a well-maintained, income-producing asset in a strong rental market. Ideal for investors seeking long-term stability and consistent returns with potential for future value appreciation.
Condition Rating
Fair
Built in 1968, this property is over 50 years old. While it benefits from recent cosmetic updates such as newer LVP flooring and fresh paint, the kitchen features older style cabinets and likely basic appliances. The heating and cooling systems (wall heaters and window AC units) are outdated, indicating a lack of central air conditioning. Bathrooms are not pictured but are likely in a similar dated condition. The property is functional and 'well-maintained' for its age, but requires minor updates to key areas like the kitchen and bathrooms to meet current aesthetic and efficiency standards.
Pros & Cons
Pros
Immediate Cash Flow & Full Occupancy: The property is fully occupied with a stated monthly rent roll of $9,254.38, providing immediate income and stable tenancy for an investor.
Prime Anaheim Location: Situated in a central Anaheim location, close to major attractions like Disneyland, the Anaheim Packing District, the 5 Freeway, and local shopping and dining, ensuring strong tenant demand and market appeal.
Diverse Unit Mix: The property offers a varied unit mix of one 3-bedroom, two 2-bedroom, and one 1-bedroom unit, catering to a broader tenant base and potentially reducing vacancy risk.
Income-Producing Asset: Explicitly marketed as an income-producing asset, ideal for investors seeking long-term stability, consistent returns, and potential for future value appreciation in a strong rental market.
Tenant-Friendly Amenities: Features such as a gated, landscaped courtyard, alley-loaded garages, and a community laundry room (serviced by an outside company) enhance tenant appeal and convenience.
Cons
Age of Property & Potential for Capital Expenditures: Built in 1968, the property is over 50 years old, which may lead to higher ongoing maintenance costs and the need for significant capital expenditures for major system replacements (e.g., roof, plumbing, electrical) in the near future, despite being described as 'well-maintained'.
Lack of Specified Unit Upgrades: The description highlights overall property maintenance but does not detail any recent interior renovations or modernizations within the individual units, suggesting potential for dated finishes that may require future investment to achieve top-tier market rents.
Limited Operating Expense Information: While the total monthly rent roll is provided, the description lacks specific details on operating expenses (e.g., property taxes, insurance, utilities, repair history), making it challenging for an investor to immediately assess the net operating income (NOI) and overall profitability without further due diligence.