Listed by Morgan Skenderian Investment Real Estate Group
$3,350,000
Casa Grande Apartments
Details
APN 09025311
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,408
Net Rentable (SqFt) 7,408
Units 9
Beds 2
Cap Rate 5.03%
NOI $168,456
Occupancy 100%
Tenancy Multi
Price per SqFt $452
Year Built 1961
Buildings 1
Stories 2
Acreage 0.229
Zoning Public Rec
Parking Spaces 9 spaces
Parking Per SqFt 1.21
Investment Type Stabilized
Multifamily | 9 Units | One Block From Disneyland
Marketing description
1184 W. Casa Grande Ave is a well-maintained, pride-of-ownership multifamily property located in one of Anaheims most desirable rental pockets just blocks from Disneyland and the Anaheim Convention Center. The property features spacious 1 & 2 bedroom units and a gated courtyard. Amenities include garages with storage lockers, ample street parking, and an on-site laundry facility. Recent improvements, including SB 721 compliance and new electrical subpanels, help reduce near-term capital needs. Positioned just minutes from Disneyland and the Anaheim Convention Center, the property benefits from strong, consistent rental demand. With its low-maintenance profile and functional unit mix, the asset offers stable in-place income with potential for future growth.
Investment highlights
- Prime Location One Block from Disneyland and the Anaheim Convention Center
- Majority Spacious 2-Bedroom Units
- Pride of Ownership Turn-Key Property
- SB721 Compliant & New Electrical Subpanels
- Desirable Amenities Include Gated Courtyard, Storage, & Garage Parking
Listing Contacts
Listed by Morgan Skenderian Investment Real Estate Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$168,456.00
$14,038.00/mo
Valuation Metrics
0
DSCR
5.03%
Cap Rate
5.03%
ROI
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