French Quarter Apartments
Multifamily | 16 Units | $465,625/unit
Marketing description
The Leeson Group of Marcus & Millichap is pleased to present the exclusive opportunity to acquire French Quarter Apartments, a 16-unit multifamily investment property located at 927 South Webster Avenue in Anaheim, California.
Constructed in 1968, the property offers a total of approximately 19,214 rentable square feet situated on a 0.87-acre lot. The unit mix consists of two, one-bedroom units and fourteen, two-bedroom units, with an average unit size of approximately 1,200 square feet. Several floor plans are offered across the property, including both single-story flats and two-story townhome-style units, providing flexibility and appeal to a wide range of tenants. Amenities at the property include gated access, on-site laundry facilities, and carport parking, with direct access available for the townhome units. Select units also feature private patios.
French Quarter Apartments is located on South Webster Avenue, a desirable residential corridor for both renters and operators due to its quiet atmosphere and proximity to daily conveniences. The property benefits from its West Anaheim location, placing it within walking distance of elementary, middle, and high schools, making it especially attractive for families. In addition, residents enjoy easy access to local retail centers, public parks, and major regional destinations such as Knott’s Berry Farm, Buena Park Downtown, and Disneyland.
This offering presents an investor with the opportunity to acquire a well-situated property in a densely populated rental market with strong surrounding fundamentals.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
Investment highlights
» Rare Anaheim Offering: Boutique 16-unit community in a supply-constrained market with strong rental demand and low vacancy rates
» Highly Desirable Unit Mix: Predominantly two-bedroom townhomes with large layouts and functional floor plans that cater to families and working professionals
» Attractive Amenity Package: Secure gated entry, convenient on-site laundry facilities, ample carport parking including direct-access carports for townhome units, spacious private patios in select units, and two central courtyards with layouts that enhance tenant comfort and community feel
» Optimal Anaheim Location: Situated near major employers and entertainment destinations including Knott’s Berry Farm, Buena Park Downtown, and Disneyland, while also providing convenient access to retail centers, parks, and schools
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