
Anaheim, California 92801
This Well-Maintained Quadruplex Asset is listed at $1,650,000, representing a stable entry point near its $1,631,258 Fair Market Value. Boasting a Condition Rating of 3, the property features a premier 3BR/3BA owner-occupant unit equipped with central AC, plantation shutters, and a private patio. With separate utility meters, individual laundry areas, and a 5-car garage, the asset is designed for efficient management and high tenant retention. Offering a significant $11,400 pro forma monthly rent, this property is an ideal acquisition for Owner-Occupants seeking a sophisticated house-hack or Buy-and-Hold Investors.
Property is move-in ready.
The property is a well-maintained 1962 fourplex that is move-in ready with significant upgrades. Key improvements include dual-pane windows, central AC in the primary unit, newer kitchen cabinetry, and updated flooring such as wood-grain tile and laminate. While some units retain dated aesthetic elements like 1960s-era yellow bathroom fixtures, the overall property shows pride of ownership with functional systems, recessed lighting, and plantation shutters in the owner-occupant unit, meeting the criteria for a well-maintained property within its expected lifespan.
The property offers a strong pro forma rental income of $11,400 per month, supported by separate gas and electric meters and individual laundry areas for each unit.
Unit #3 features premium upgrades like central AC, crown molding, and plantation shutters, making it an ideal residence for an owner-user while collecting rent from the other three units.
Situated on a large cul-de-sac lot, the property includes a rare 5-car garage with dividers and access to the side and back of the units, providing exceptional utility and privacy.
Achieving the maximum pro forma rent requires modifying Units #2 and #3 back to their original configurations, which involves additional construction costs and permitting.
Built in 1962, the property may require ongoing capital expenditures for aging systems and components typical of a 60-year-old multi-family building.
Tremendous investment opportunity!!! This charming single story fourplex has great curb appeal, excellent location, large lot, numerous upgrades, and strong pro forma rental income. This single story fourplex has an exceptional location at the end of the cul-de-sac with the added benefit of access to the side and back of the units.***** Unit #1 - has 2BR/1BA with upgraded windows, fireplace in living room, and separate dining area with upgraded sliding glass door that leads to a large covered enclosed patio.***** Unit #2 - has 1BR/1BA with upgraded windows, attractive wood grain tile flooring, upgraded bathroom cabinet/sink/faucet, large kitchen with corian looking counters, large living room and dining area with upgraded sliding glass door that leads to a large enclosed patio.***** Unit #3 - has 3BR/3BA with upgraded windows, central air-conditioning, newer kitchen cabinets, crown molding & baseboards, wainscoting, recessed lighting, plantation shutters, and large enclosed patio. This is a perfect unit for an owner-occupant to reside while receiving rental income on the other three units. In addition, this unit could be simply modified back to its original configuration of 3BR/2BA by adding a bedroom and bathroom back to the adjacent unit making unit #2 back to its original 2BR/2BA.***** Unit #4 - has 2BR/1 BA with upgraded newer windows, large kitchen opens to living room and dining area, upgraded sliding glass door leads to a large enclosed patio.***** Additional features include great cul-de-sac location, 5 car garage with dividers, separate electric and gas meters, each unit has separate laundry areas, and beautifully landscaped grounds. Plus, this highly desirable fourplex has a convenient location to Knotts Berry Farm, schools, shops/restaurants, and freeway access. ***** Furthermore, there's a tremendous potential to increase the total Pro Forma Rent to $11,400/mo ($136,800/year) after modify unit/bath count in unit #2 and unit #3 as indicated above.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,570 | 3,410 | 75% |
| Lot Size | 10,454 | 9,709.5 | 50% |
| Price | $1.65M | $1.45M | 75% |
| Price per sq ft | $361 | $426 | 25% |
| Built year | 1962 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 196 | 25% |
Apr 2, 2026
$1,650,000
Initial Listing