2166 W Alameda Avenue, Anaheim, California 92801, Anaheim, 92801 - 0 bed, 0 bath
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2166 W Alameda Avenue
Anaheim, California 92801
ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,952Sq Ft
6,398Lot Size
Property Price
LIST PRICE$1,595,000
EST. MARKET VALUE
$1,534,692
3% AboveMARKET VALUE
SUMMARY
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,595,000—positioned above the $1,534,692 Fair Market Value. While the property requires modernization, its Fair Condition Rating and stable unit mix of four 2-bedroom units provide a solid foundation for value-add strategies. Features like private BBQ areas and on-site laundry drive consistent rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in a high-demand Anaheim location with immediate access to I-5.
Estimated Market Value
$1,534,692
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 |
|---|---|---|---|---|---|---|
★ 2166 W Alameda Avenue Subject | $1,595,000* List Price | 0 | 0 | 3,952 | $388 | - |
A 1827 W Glencrest Avenue Active | $1,575,000 List Price | 0 | 0 | 4,108 | $383 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1964, this 60-year-old quadruplex is functional but dated. While some units show partial updates like newer laminate flooring and refreshed bathroom vanities, the kitchens remain dated with older painted cabinetry and 20+ year old tile countertops. The property is well-maintained for its age but requires cosmetic modernization and likely system overhauls to move beyond 'Fair' condition.
PROSSTRENGTHS & OPPORTUNITIES
- High-Demand Unit Mix
The property consists of four spacious 2-bedroom units, a highly desirable configuration that ensures consistent rental demand and low vacancy rates in the Anaheim market.
- Strategic Location
Situated just one block from Interstate 5 and within walking distance to schools and shopping, the location offers excellent accessibility for commuters and long-term tenants.
- Value-Add Amenities
Features like private BBQ areas for each unit and an on-site community laundry facility provide both tenant satisfaction and additional income streams for the owner.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1964, the property may require more frequent maintenance or significant capital expenditures for aging systems compared to newer multi-family developments.
- Extended Market Time
With 130 days on the market, the property has exceeded typical turnover times for the area, which may suggest the listing price is high relative to current market conditions.
About 2166 W Alameda Avenue
Beautiful, well-maintained fourplex in the desirable city of Anaheim! Great opportunity to live in one unit and rent the other three while generating income. All four units are spacious, featuring 2 bedrooms and 1 to 1.5 bathrooms, along with carport parking (total of five carports). Each unit includes a private BBQ area, perfect for outdoor enjoyment and family time. The property also offers a convenient on-site community laundry facility, adding additional income potential. Strong income-producing property with consistent rental demand in a high-demand area. Ideal for investors seeking stable cash flow with upside potential. Opportunity to increase rents and maximize returns over time. Easy access to the Interstate 5 (I-5) just one block away. Close to schools, shopping, dining, and more—all within walking distance. Excellent opportunity to own a cash-flowing asset in a prime rental market!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1964
- Lot Size
- 6,398 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $165.0 / Month
Neighborhood Insights
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 | 3,952 | 2,627.25 |
| Lot Size | 6,398 | 7,450 |
| Price | $1.59M | $1.39M |
| Price per sq ft | $404 | $550 |
| Built year | 1964 | 1963 |
| HOA | $165.0 | $411 |
| Days on market | 169 | 93 |
Pricing History
Listed for Sale
Mar 24, 2026
$1,595,000
Initial Listing
Sold
Aug 4, 1999
$285,000
Public Record