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Sold for $1,510,000 on 11/27/24
  • Listing Provided by: 

    Ryan Loria DRE #02006138 949-756-3232,

    Triqor Group

    Bought with: Triqor Group
    $1,510,000

    2858 W Lincoln Ave, Anaheim, CA 92801

    9beds
    8baths
    4,185sqft
    Quadruplex
    Built in 1976
    -- sqft lot
    $-- Zestimate®
    $361/sqft
    $3,892 Estimated rent

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    $3,892/mo

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    $3,892/mo

    Rent Zestimate®

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    $9,471/mo

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    $9,471/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2024 at 06:32pm

    Listing Provided by:

    Ryan Loria DRE #02006138 949-756-3232,

    Triqor Group

    Bought with:

    Ryan Loria, DRE #02006138

    Triqor Group

    Source: CRMLS,MLS#: PW24152339MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,185
    • Total interior livable area: 4,185 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage
    • Garage spaces: 6
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: /
    • Pool features: None
    Lot
    • Size: 7,585 sqft
    • Features: Rectangular Lot
    Details
    • Parcel number: 12601232
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1976

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Anaheim
    • Subdivision: Anaheim

    Other

    Other facts
    • Listing terms: Conventional