$3,600,000
Est. payment /mo
5 Beds
4 Baths
0.46 Acres Lot
New
1280 E La Palma Avenue Anaheim, CA 92805
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26108858
Bedrooms 5
Lot Size 0.460 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
1280 East La Palma Avenue is a 9-unit multifamily property in Anaheim, California. Built in 1986, the property offers a more modern vintage than much of the surrounding apartment inventory and features a highly desirable unit mix entirely composed of 2-story townhome-style residences. The property includes five 2 bed/1.5 bath townhomes and four 3 bed/2 bath townhomes, providing larger floorplans that cater well to households seeking additional living space. Each unit benefits from both a private, fenced ground-level patio and a spacious upper-level balcony, creating a level of dedicated outdoor space that is uncommon in smaller multifamily assets. Central air and heat as well as individual water heaters further strengthen the unit-level amenity package. 1280 East La Palma Avenue also benefits from an exceptionally generous parking supply, with 9 carport spaces and 13 surface spaces for just 9 units. Additional community features include gated pedestrian access and on-site laundry, while the completion of the SB 721 inspection provides clarity around an important California compliance item. With rents currently positioned near market while still offering a measured level of upside, the property presents an attractive opportunity to acquire a later-vintage Anaheim apartment asset with a differentiated unit mix, strong resident-oriented amenities, and continued potential for income growth over time.
Location
State CA
County Orange
Zoning Assessor
Direction Cross Streets of East La Palma Avenue & North East Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 03524115
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Tyler Leeson, DRE#01451551 Marcus & Millichap RE Invest
NEARBY SCHOOL & BUSINESS
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