Anaheim, CA 92801,2858 W Lincoln AVE
Anaheim, CA 92801,2858 W Lincoln AVE
Anaheim, CA 92801,2858 W Lincoln AVE
$1,510,000
Est. payment /mo
$1,495,000
1.0%
Est.Price: ?

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7,583 Sqft Lot
SOLD DATE : 11/27/2024

Key Details

Sold Price $1,510,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Anaheim

MLS Listing ID PW24152339

Sold Date 11/27/24

HOA Y/N No

Year Built 1976

Lot Size 7,583 Sqft

Property Description

We are pleased to present Lincoln Apartments, a 4-unit apartment building in Anaheim, CA. The property consists of large 2 and 3-bedroom units with patios/balconies and garage parking spaces. The asset also features individual gas and electric meters and a shared laundry facility. Having been professionally managed throughout ownership, the property is on the market for the first time in 24 years. With strong in-place rents, this property offers an investor the opportunity to acquire a high cash-flowing asset generating a 4.8% cap rate with current rents, 6.3% with market rents. This property is ideal for investors seeking a well-priced, value-add opportunity in a sought-after location.

Location

State CA

County Orange

Area 79 - Anaheim West Of Harbor

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 12601232

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ryan Loria • Triqor Group • 949-756-3232
Bought with Ryan Loria • Triqor Group

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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