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33258432
33258420

2127 East Almont Avenue, Anaheim, CA 92806

TL
CA CA 01451551
Marcus & Millichap - Orange County
CT
CA 02111248
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County
$3,100,000
6 days on market
Updated 6 days ago

2127 - 2133 East Almont Avenue

Details
APN 253-211-12
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,782
Net Rentable (SqFt) 7,782
Units 8
Cap Rate 5.12%
NOI $158,818
Pro-Forma Cap Rate 5.5%
Pro-Forma NOI $170,517
Price per SqFt $398
Year Built 1964
Buildings 2
Stories 2
Acreage 0.420

Two Contiguous 4-Unit Properties

Marketing description

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 2127 - 2133 East Almont Avenue, two contiguous 4-unit multifamily properties in Southeast Anaheim, California. Totaling 8 units across a combined 0.42-acre site, the offering provides investors with adjacent side-by-side assets that share site amenities, maintain a consistent unit mix, and offer greater operating scale than a standalone 4-unit property.

Built in 1964, each 4-unit building includes two 1-bed/1-bath units, one 2-bed/1-bath unit, and one 3-bed/2-bath unit. Each building also features three 2-car garages, providing six garage parking spaces per property and 12 spaces in total. The buildings share a spacious central courtyard and benefit from private patios, gated access, and two on-site laundry facilities, one serving each property, although one laundry room is not currently in use.

The properties have also benefited from recent capital improvements, including roof replacements completed in 2021 and 2022, a new sewer line at 2127 East Almont Avenue in 2017, and the renovation of Unit 2127 C in 2026. Utilities are partially separated, with electricity, gas, and trash billed separately, while water and sewer remain master metered.

Located in a desirable Southeast Anaheim location near schools, parks, major entertainment and employment drivers, and convenient freeway access, the properties offer investors a pair of contiguous multifamily assets with direct access to many of Anaheim’s key demand drivers.

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

Investment highlights

Two contiguous 4-unit properties totaling 8 units in Southeast Anaheim

100% single-story construction with private patios and garage parking

Combined 0.42-acre site with shared central courtyard and gated access

12 total garage parking spaces across the two 4-unit properties

Diverse unit mix of 1-bed, 2-bed, and 3-bed floorplans

Recent capital improvements include 2021/2022 roof replacements

One unit renovated in 2026, with additional rental upside potential

Near OCVIBE, Honda Center, ARTIC, Angel Stadium, Disneyland, and I-5

Desirable Southeast Anaheim location near schools, parks, retail, and employment drivers

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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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$158,818.00
$13,234.83/mo

Valuation Metrics

0
DSCR
5.12%
Cap Rate
5.12%
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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