Skip main navigation
Sold for $3,600,000 on 01/31/24
  • Listing Provided by: 

    Jerry Jervis DRE #01185627 714-944-9840,

    Seven Gables Real Estate,

    Michael Hickman DRE #01410360,

    Seven Gables Real Estate

    Bought with: Outside Office
    $3,600,000

    1623 S Walnut St, Anaheim, CA 92802

    16beds
    16baths
    10,008sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $360/sqft
    $2,448 Estimated rent

    Owner options

    List your home for rent

    $2,448/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,448/mo

    Rent Zestimate®

    Refinance and save

    $22,353/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $22,353/mo

    Est. payment

    What's special

    Welcome to 1623 and 1629 Walnut St, Anaheim A highly sought-after 16-unit apartment building located just steps away from the magical wonders of Disneyland, right in the heart of Anaheim! This exceptional property, boasting two 8 unit buildings in a prime location directly behind Downtown Disneyland, presents a unique investment opportunity for astute buyers looking to capitalize on both location and value add potential. This property is being offered for the first time in 47 years. Consisting of 16 spacious one-bedroom, one-bathroom units, each designed to provide comfort and convenience to its residents, this apartment building offers a wonderful rental income potential in a thriving rental market. One of the standout features of this property is the 16 convenient carports, providing ample parking space for residents and ensuring ease of access. The location couldn't be more ideal for residents and investors alike. Situated in the heart of Anaheim, just a stone's throw away from Downtown Disneyland, residents will enjoy the convenience of being able to walk to the vibrant entertainment district with its countless restaurants, shops, and attractions. Additionally, the property is nestled in a prime rental market, offering immense value-add potential. With Anaheim experiencing consistent growth and a strong demand for housing, savvy investors can take advantage of the current market conditions to enhance the property's value and maximize rental income. Renovations, upgrades, and modern amenities could be added to increase overall cash flow. Whether you are an investor looking to expand your portfolio or a discerning buyer seeking an income-generating property in an exceptional location, this 16-unit apartment building presents an extraordinary opportunity. Don't miss out on this rare gem in the heart of Anaheim's prime rental market with its remarkable proximity to Disneyland. Seize the chance to make your mark and unlock the true potential of this property.

    Zillow last checked: 8 hours ago

    Listing updated: February 02, 2024 at 10:32am

    Listing Provided by:

    Jerry Jervis DRE #01185627 714-944-9840,

    Seven Gables Real Estate,

    Michael Hickman DRE #01410360,

    Seven Gables Real Estate

    Bought with:

    Outside Agent, DRE #0

    Outside Office

    Source: CRMLS,MLS#: PW23096662MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 16
    Appliances
    • Laundry: Common Area, Laundry Room
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 10,008
    • Total interior livable area: 10,008 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Carport
    • Carport spaces: 16
    Features
    • Entry location: Ground and Upstairs
    • Pool features: None
    Lot
    • Size: 18,975 Acres
    • Features: 16-20 Units/Acre
    Details
    • Additional parcels included: 12933210
    • Parcel number: 12933209
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Anaheim
    • Subdivision: ,None

    Other

    Other facts
    • Listing terms: Cash to New Loan