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Listed by Matthew Schaeffer, DRE #02120702 • Arrive Real Estate
$ 1,400,000
Est. payment /mo
New
1837 W Gramercy Anaheim, CA 92801
5,663 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSW26211639
Year Built 1960
Lot Size 5,663 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
You have Arrived! Welcome to this fully occupied 4-unit investment opportunity in Anaheim offering strong in-place income with additional upside through below-market rents. The property features four 2-bedroom, 1-bath units with an estimated cap rate of approximately 4.5%-5.0% depending on final purchase price and verified operating expenses. Tenants pay their own separately metered gas and electricity, while the owner currently pays water and trash. Each unit has its own water heater, gas stove, and wall heater, with several heating units updated in recent years. The property has also benefited from recent improvements including a newer roof, exterior paint, stairs, and flooring. Professionally managed and fully occupied, this is a great opportunity for an investor looking for stable income today with future rent-growth potential. Conveniently located near shopping, dining, transportation, and major employment centers. Buyer to verify all rents, expenses, unit configurations, square footage, lease terms, cap rate, and property information.
Location
State CA
County Orange
Area 79 - Anaheim West Of Harbor
Interior
Laundry Other
Exterior
Garage Spaces 4.0
Pool None
Building
Lot Description Grade - Level
Others
Tax ID 27205407
Special Listing Condition Not Applicable
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