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24560905
24560906

1764 - 1768 West Juno Avenue, Anaheim, CA 92804

TL
CA CA 01451551
Marcus & Millichap - Orange County
CT
CA 02111248
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County
$3,795,000
331 days on market
Updated 93 days ago

Juno Sands

Details
APN 128-275-05; 128-275-06
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,724
Net Rentable (SqFt) 9,724
Units 14
Cap Rate 5.03%
NOI $190,778
Pro-Forma Cap Rate 6.53%
Pro-Forma NOI $247,682
Price per SqFt $390
Year Built 1960
Buildings 2
Stories 2
Acreage 0.290
Ownership Fee Simple

Multifamily | 14 Units | $271,071/unit

Marketing description

Download the Offering Memorandum: https://www.marcusmillichap.com/properties/185083/juno-sands

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Juno Sands, a 14-unit multifamily investment property located at 1764 - 1768 West Juno Avenue in Anaheim, California.

Juno Sands offers an attractive mix of 8, one-bedroom units, 4, two-bedroom units, and 2, three-bedroom units. Situated on two adjoining lots, the property features a desirable amenity package including gated entry, a spacious courtyard with a swimming pool, an on-site laundry facility, and ample garage parking.

Juno Sands benefits from its excellent Anaheim location, situated blocks away from Ball & Euclid a neighborhood retail center, anchored by Northgate Market, providing residents with easy access to everyday needs. The property is located 1.25 miles from Disneyland, a major economic and housing driver for the area, which accounts for over 21% of the city’s total employment (per Anaheim’s 2024 Annual Comprehensive Financial Report). Additionally, Juno Sands offers convenient access to the unique shops and restaurants in Anaheim’s Resort District as well as in Downtown Anaheim. Furthermore, the property benefits from its close proximity to Interstate 5, connecting residents to employment hubs throughout Orange and Los Angeles Counties.

In summary, Juno Sands represents a unique opportunity to acquire a multifamily property in the direct vicinity of Disneyland and other major Anaheim area destinations.

*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

Investment highlights

Attractive Mix of One, Two, & Three-Bedroom Floor Plans, Helping the Property Appeal to a Variety of Potential Renters

First Time on the Market in Nearly 50 Years

Unique Multifamily Opportunity with Substantial Rental Upside

In-Demand Property Amenities Including Gated Access, a Swimming Pool, an On-Site Laundry Facility, & Garage Parking

Easy Access to Local Hot Spots Including Disneyland, Downtown Disney, the Anaheim Convention Center, & Anaheim GardenWalk

Optimal Location In-Close Proximity to Interstate 5, Connecting Residents to Employment Hubs Throughout Southern California

Listing Contacts

TL
CA CA 01451551
Marcus & Millichap - Orange County
CT
CA 02111248
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$190,778.00
$15,898.17/mo

Valuation Metrics

0
DSCR
5.03%
Cap Rate
5.03%
ROI

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Additional Information

Name
Tyler Leeson
License
CA 01451551
Brokerage Phone
7147139086
Name
Christian Tait
License
02111248
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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