
Anaheim, California 92804
This Multi-Unit Income Triplex represents a strategic asset with a List Price of $1,488,888, which closely aligns with its $1,484,349 Fair Market Value. Maintaining a Fair Condition Rating, the property offers a versatile unit mix consisting of a 1,394 sqft 3-bedroom primary unit and two 2-bedroom units, all featuring Enclosed Private Patios for enhanced tenant desirability. With Dedicated Garage Parking and supplemental revenue from a Shared Laundry Area, the property is optimized for consistent cash flow. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility "house-hack" opportunity in West Anaheim.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3402 W Danbrook Avenue Subject | $1,488,888* List Price | 0 | 0 | 3,144 | $472 | - |
A 3080 W Glen Holly Drive Sold | $1,285,000 | 5 | 4 | 2,919 | $440 | 0.9 mi |
B 3115 W Teranimar Sold | $1,145,000 | 4 | 2 | 1,950 | $587 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this property is aged but appears to have been maintained with some minor updates. The kitchens and bathrooms are functional but clearly outdated in style and features, with older cabinetry, countertops, and fixtures. The visible reliance on window AC units suggests an outdated cooling system. While some laminate flooring has been installed, the property has not undergone a recent extensive renovation, aligning with the 'fair' condition criteria of requiring minor updates and showing signs of age with functional but outdated major components.
The property is a triplex, offering multiple income streams and strong potential for cash flow from three distinct rental units.
Features a spacious 3-bedroom, 2-bathroom unit (1,394 sqft) alongside two 2-bedroom, 1-bathroom units (875 sqft each), appealing to a wider range of tenants.
All units benefit from large, fully enclosed private patios, enhancing tenant privacy and desirability.
Unit #1 previously experienced a water leak, which, despite being repaired, could raise concerns about potential future issues or underlying damage.
The shared 2-car garage between two units (Unit #2 and #3) might lead to tenant coordination challenges or potential disputes over parking access.
Built in 1961, the property's 'fair condition' suggests it may require ongoing maintenance or cosmetic updates to optimize rental value and address potential issues associated with older infrastructure.
Here's your chance to acquire a triplex located in an Anaheim neighborhood. All units are in fair condition features large, fully enclosed private patios - ideal for tenants and added privacy. Unit #1 Spacious 3- Bedroom, 2 bathroom Unit. 1,394sqft featuring: a cozy fireplace, 2 car garage. Unit #2 the middle unit features 2 bedroom, 1 bathroom unit with 875sqft. This unit shares a 2-car garage with Unit #3. Unit #3 located at the rear of the property and attached to the shared garage, features: 2 bedroom, 1 bathroom unit offers 875sqft. Additional income is generated through a shared laundry area. Please note:unit 1 previously experienced a water leak, which has been repaired.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 1% |
| Baths | 0.0 | 2.0 | 1% |
| Square foot | 3,144 | 1,505 | 97% |
| Lot Size | 9,583 | 7,300 | 96% |
| Price | $1.49M | $980.0K | 98% |
| Price per sq ft | $474 | $647 | 9% |
| Built year | 1961 | 1956 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 373 | 150 | 97% |
Apr 14, 2025
$1,488,888
Initial Listing