314 S Rose Street, Anaheim, CA 92805

  • $10,500,000
  • $392
314 S Rose Street, Anaheim, CA 92805
  • Residential Income
  • Property Type
  • 72.00
  • Garages
  • 1986
  • Year Built
For Sale
314 S Rose Street, Anaheim, CA 92805
  • $10,500,000
  • $392

Overview

Property ID: SGR-33810404
  • Residential Income
  • Property Type
  • 72.00
  • Garages
  • 1986
  • Year Built

Description

Pleased to present The Anaheim Regency Apartments, a 30-unit complex located in Anaheim, the largest city in Orange County. Constructed in 1986 and operated under current ownership for over 27 years, this property offers a prime added value opportunity for new investors. With 93% of the units being 2BR/2BA apartments, the property boasts significant potential, including a projected ±38% in rental upside. The highly motivated seller is committed to selling this asset and is open to any and all offers, prepared to accept whatever price the market will bear. This presents a rare chance to acquire an attractive property in a prime rental location at an exceptional price.

The building is conveniently located within walking distance of the Anaheim Packing District and numerous restaurants and retail shops along Lincoln Avenue, Anaheim Boulevard, and Harbor Boulevard. Residents enjoy amenities such as secure access, patios, balconies, central A/C and heat, laundry facilities, storage options, and 72 covered parking spaces—more than one parking space per bedroom. This offers an additional income stream for new investors by providing tenants with extra parking for a fee. Situated on a ±39,541 square foot lot, the property also provides ample open space for tenants. The Anaheim Regency Apartments is a truly unique asset, making it an excellent addition for both short-term, added-value investors and long-term, cash flow-oriented owners.

  • Address 314 S Rose Street
  • City Anaheim
  • State/county CA
  • Zip/Postal Code 92805
  • Area 699 - Not Defined
  • Country United States

Details

Updated on September 10, 2024 at 3:27 am
  • Property ID: SGR-33810404
  • Price: $10,500,000
  • Land Area: 39541.00 m²
  • Garages: 72.00
  • Year Built: 1986
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 26780.00
  • MLS#: PW24172588
  • Office Name: MORGAN SKENDERIAN
  • Agent Name: Rick Applebaum
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Morgan Skenderian
  • Co-Agent Name: Paul Espinosa
  • Agent State License: 01273871
  • Co-Agent State License: 01942627
  • IDX Contact Info: rma@morganskenderian.com

Additional details

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Tax Annual: 122954.00
  • County: Orange
  • Property SubType: Commercial/Residential
  • Parking: 72.00
  • Water Source: Public

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