1827 W Gramercy Avenue, Anaheim, California 92801, Anaheim, 92801 - bed, bath
1827 W Gramercy Avenue
Anaheim, California 92801
Property Price
SUMMARY
Analysis of 1827 W Gramercy Avenue, Anaheim, California 92801 is currently available with a list price of $1,475,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Anaheim Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1960, this property is aged but described as 'well-maintained.' While it features ceramic tile flooring in kitchens and bathrooms, there's a noted lack of central air conditioning and limited modern interior updates, suggesting dated aesthetics and systems. The exterior appears to be in decent condition for its age, but the overall impression is of a property that has received regular upkeep rather than significant modern renovations, aligning with the 'Fair' category's description of functional but outdated major components.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Investment Opportunity
This property is explicitly marketed as an 'Exceptional Investment Opportunity' and a 'Hassle-Free Income Property' due to its quadruplex structure, offering multiple income streams.
- Prime Location
Situated in a 'Prime Anaheim Location' within 'desirable neighborhoods,' the property offers convenient access to major schools, shopping centers, and the 5 and 91 Freeways, enhancing tenant appeal and property value.
- Tenant Utility Coverage
Tenants are responsible for their own utilities, including gas, electricity, and trash, significantly reducing the owner's operating costs and maximizing net income.
CONSRISKS & DEFICIENCIES
- Age of Construction
Built in 1960, the property's age suggests potential for aging infrastructure (e.g., plumbing, electrical, roofing) that may require significant capital expenditures in the future, despite being described as 'well-maintained'.
- Lack of Central Air Conditioning
The property description does not mention central air conditioning, which could be a significant drawback for tenants in Anaheim's warm climate, potentially affecting tenant comfort and retention.
- Limited Modern Interior Updates
While 'well-maintained,' the description only highlights ceramic tile flooring in specific areas. A lack of mention of comprehensive modern updates to kitchens, bathrooms, or other interior finishes could imply dated aesthetics that may impact rent potential or require future renovation.
About 1827 W Gramercy Avenue
EXPANSIVE FOURPLEX IN PRIME ANAHEIM LOCATION THIS WELL-MAINTAINED FOURPLEX OFFERS AN EXCEPTIONAL INVESTMENT OPPORTUNITY IN ONE OF ANAHEIM’S MOST DESIRABLE NEIGHBORHOODS. THE PROPERTY INCLUDES: - UNIT A: 2 BEDROOMS, 1 BATHROOM - UNIT B: 2 BEDROOMS, 1 BATHROOM - UNIT C: 2 BEDROOMS, 1 DEN, 1 BATHROOM - UNIT D: 3 BEDROOMS, 2 BATHROOMS EACH UNIT IS EQUIPPED WITH ITS OWN WATER HEATER, FEATURES CERAMIC TILE FLOORING IN BOTH THE KITCHEN AND BATHROOM, AND INCLUDES A DEDICATED SINGLE-CAR GARAGE. CONVENIENTLY LOCATED. CLOSE TO MAJOR SCHOOLS, SHOPPING CENTERS, AND EASY ACCESS TO THE 5 AND 91 FREEWAYS, THIS PROPERTY OFFERS BOTH COMFORT AND CONVENIENCE FOR TENANTS. LOW-MAINTENANCE INVESTMENT. LONG-TERM FAMILY TENANTS HELP KEEP OPERATING COSTS LOW BY COVERING THEIR OWN UTILITIES—INCLUDING GAS, ELECTRICITY, AND TRASH—MAKING THIS A TRULY HASSLE-FREE INCOME PROPERTY.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1960
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,827 | 3,234 | 80% |
| Lot Size | 5,663 | 8,712 | 20% |
| Price | $1.48M | $1.30M | 60% |
| Price per sq ft | $385 | $419 | 20% |
| Built year | 1960 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 185 | 174 | 80% |
Pricing History
Listed for Sale
Sep 3, 2025
$1,475,000
Initial Listing