2127 E Almont Avenue, Anaheim, California 92806, Anaheim, 92806 - 0 bed, 0 bath
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2127 E Almont Avenue
Anaheim, California 92806
ACTIVE UNDER CONTRACT
CONDITION: FAIR
0Beds
0Baths
3,891Sq Ft
8,712Lot Size
Property Price
LIST PRICE$1,550,000
EST. MARKET VALUE
$1,550,000
SUMMARY
This 4-unit multifamily High-Potential Investment Opportunity is listed at $1,550,000, aligning with its $1,550,000 Fair Market Value. Featuring a Condition Rating of 4, the property offers significant stability through recent capital improvements, including a 2021/2022 roof replacement and 2017 sewer line. The diverse unit mix, including a 3-bedroom/2-bath unit and six garage parking spaces, ensures strong rental demand. This asset is ideal for Buy-and-Hold Investors or Portfolio Managers seeking to scale by acquiring the adjacent 8-unit site.
Estimated Market Value
$1,550,000
Based on Realkey algorithm analyzing recent comparable sales in Anaheim.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2127 E Almont Avenue Subject | $1,550,000* List Price | 0 | 0 | 3,891 | $398 | - |
A 2133 E Almont Avenue Active Under Contract | $1,550,000 List Price | 0 | 0 | 3,891 | $398 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1964 (>50 years old), which typically suggests a tear-down, but significant capital improvements prevent that classification. Recent upgrades include a new roof (2021/2022), a new sewer line (2017), and one fully renovated unit (2026). However, the remaining three units and interior photos show dated finishes like basic tile flooring and older fixtures, indicating the property is functional but requires further cosmetic updates to the majority of the units.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features significant upgrades including a newer roof (2021/2022), a replaced sewer line (2017), and a recently renovated unit, reducing immediate capital expenditure for the buyer.
- Strategic Unit Mix and Parking
With a diverse mix including a rare 3-bedroom unit and six garage parking spaces, the property is well-positioned to attract long-term tenants and command competitive rents.
- Portfolio Expansion Opportunity
The availability of the adjacent 4-unit property allows an investor to acquire 8 units total on a 0.42-acre site, providing excellent scalability and management efficiencies.
CONSRISKS & DEFICIENCIES
- Master Metered Utilities
Water and sewer utilities are master-metered rather than separated, which increases the owner's operating expenses and limits the ability to pass through utility costs to tenants.
- Underutilized Amenities
The on-site laundry facility is currently being used for storage, representing a missed opportunity for ancillary income and a lack of a key convenience for the residents.
About 2127 E Almont Avenue
2127 East Almont Avenue is a 4-unit multifamily property located in Southeast Anaheim, California. Built in 1964, 2127 East Almont Avenue includes two 1-bed/1-bath units, one 2-bed/1-bath unit, and one 3-bed/2-bath unit. The property features three 2-car garages, providing six garage parking spaces, and an on-site laundry facility that is currently being used for storage. A spacious courtyard is shared with the adjacent 4-unit property at 2133 East Almont Avenue. The property has also benefited from recent capital improvements, including a roof replacements completed in 2021/2022, a new sewer line in 2017, and the renovation of Unit 2127 C in 2026. Utilities are partially separated, with electricity, gas, and trash billed separately, while water and sewer remain master metered. The adjacent 4-unit property at 2133 East Almont Avenue is also available for purchase. Buyers may acquire either property individually or both properties together, totaling 8 units across a combined 0.42-acre site.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1964
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Anaheim Unified Schools
Roosevelt (Theodore) Elementary School
Grades K-6 • 0.6 mi
5/10
Juarez (Benito) Elementary School
Grades K-6 • 0.8 mi
4/10
Lincoln (Abraham) Elementary School
Grades K-6 • 1.4 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.9 |
| Baths | 0.0 | 5.1 |
| Square foot | 3,891 | 2,627.25 |
| Lot Size | 8,712 | 7,450 |
| Price | $1.55M | $1.39M |
| Price per sq ft | $398 | $550 |
| Built year | 1964 | 1963 |
| HOA | $0 | $411 |
| Days on market | 44 | 93 |
Pricing History
Listed for Sale
Jul 27, 2026
$1,550,000
Initial Listing