
Anaheim, California 92801
This fourplex presents a High-Potential Investment Opportunity with a List Price of $1,595,000—positioned above the $1,407,557 Fair Market Value. While priced at a premium, the property offers a stable Asset with an Optimal Unit Mix of four 2-bedroom, 2-bathroom units. Featuring a Condition Rating of 4, the property benefits from a newer roof and minimal exterior maintenance, though interior cosmetic updates will maximize rental yields. This is a strategic acquisition for Buy-and-Hold Investors or Multifamily Portfolio Managers seeking steady cash flow in a high-demand Anaheim submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2318 W Greenacre Subject 0 bd · 0 ba · 3,810 sqft · $369 | $1,595,000* List Price | 0 | 0 | 3,810 | $369 | - |
A 2360 W Greenacre Avenue Sold 0 bd · 0 ba · 3,820 sqft · $372 · 0.1 mi | $1,420,000 | 0 | 0 | 3,820 | $372 | 0.1 mi |
B 2166 W Alameda Active 0 bd · 0 ba · 3,952 sqft · $373 · 0.5 mi | $1,475,000 List Price | 0 | 0 | 3,952 | $373 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property is 60 years old. While the exterior is well-maintained with a newer roof, the interior photos show significant dating in the bathrooms and living areas, including older wall heaters and finishes that appear to be over 20-30 years old, necessitating cosmetic updates and minor repairs.
The property consists entirely of four 2-bedroom, 2-bathroom units, a highly desirable configuration that appeals to a wide tenant base and typically commands premium rental rates compared to smaller units.
With a newer roof and minimal exterior deferred maintenance, the property offers a turnkey exterior condition that reduces the need for immediate large-scale capital expenditures.
Situated in the heart of Anaheim with proximity to major entertainment hubs and freeway access, the property benefits from a strong rent roll and consistent occupancy in a high-demand submarket.
Built in 1964, the property may have aging internal systems such as plumbing and electrical that could require more frequent maintenance or modernization compared to newer builds.
While the exterior is well-maintained, the lack of specific mention regarding interior renovations suggests that units may require cosmetic upgrades to maximize market rent potential.
Don't miss this opportunity to own a well-maintained fourplex in the heart of Anaheim. This four-unit property has been cared for, with a newer roof and very little exterior deferred maintenance. This investment property features a very strong rent roll that reflects the area’s demand. Four 2 Bedroom 2 Bathroom Units each with their own front balcony or patio. Separate Laundry. The location puts tenants close to everything Anaheim has to offer, including world-class entertainment, shopping, dining, and easy freeway access, which supports steady occupancy and long-term appeal. Whether you’re adding to a portfolio or making your first move into multifamily, this is a clean opportunity in one of Orange County’s most in-demand rental markets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.9 |
| Baths | 0.0 | 5.1 |
| Square foot | 3,810 | 2,971.909 |
| Lot Size | 7,405 | 7,795 |
| Price | $1.59M | $1.43M |
| Price per sq ft | $419 | $484 |
| Built year | 1964 | 1963 |
| HOA | $0 | $411 |
| Days on market | 16 | 84 |
Oct 9, 2026
$1,595,000
Initial Listing
Sep 25, 2007
$875,000
Public Record
Dec 7, 2001
$197,500
Public Record