
Anaheim, California 92806
This 4-unit High-Potential Investment Opportunity is listed at a List Price of $1,550,000, which aligns with the $1,550,000 Fair Market Value, offering a stable entry point for a multi-family asset. Featuring a Condition Rating of 4, the property offers a Diverse Unit Mix and Six Garage Spaces, providing significant rental demand. The ability to acquire the adjacent 8-unit site creates a rare scale-up opportunity. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking to optimize income through operational improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2133 E Almont Avenue Subject | $1,550,000* List Price | 0 | 0 | 3,891 | $398 | - |
A 2127 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.
Property is moderate renovation needed.
Built in 1964, this 60-year-old property features a kitchen with cosmetic refreshes such as a newer subway tile backsplash and faucet, but retains dated laminate countertops, older cabinetry, and aging appliances. While functional and well-maintained for its age, the master-metered water and original building systems likely require updates to meet modern efficiency standards.
The property features a rare 3-bedroom unit alongside 1 and 2-bedroom options, complemented by six garage spaces, which significantly enhances tenant retention and rental demand.
The opportunity to acquire the adjacent 4-unit property allows an investor to scale to 8 units on a combined 0.42-acre site, offering rare economies of scale in a prime Anaheim location.
With electricity, gas, and trash already billed separately to tenants, the owner's operational expenses are reduced, protecting the net operating income from rising utility costs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9583, other record lot size in square feet = 9466.
Water and sewer services remain master metered, meaning the owner must absorb these variable costs, which can fluctuate and impact overall profitability.
The on-site laundry facility is currently being used for storage, representing a missed opportunity for ancillary income and a lack of a key amenity for the tenants.
2133 East Almont Avenue is a 4-unit multifamily property located in Southeast Anaheim, California. Built in 1964, 2133 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 2127 East Almont Avenue. Utilities are partially separated, with electricity, gas, and trash billed separately, while water and sewer remain master metered. The adjacent 4-unit property at 2127 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.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.8 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.9 |
| Baths | 0.0 | 5.1 |
| Square foot | 3,891 | 2,627.25 |
| Lot Size | 9,583.2 | 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 |
Jul 27, 2026
$1,550,000
Initial Listing