1602 - 1608 West Juno Avenue Anaheim, CA 92802
16+1 Units Offering Studio, One, & Two-Bed Floor Plans
Marketing description
The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present 1602 - 1608 West Juno Avenue, a 16+1 unit multifamily offering located in Anaheim, California.
The property consists of two side-by-side apartment buildings on separate legal parcels, connected by a shared central courtyard. The unit mix includes 1 non-conforming studio, 12 one bed/one bath units, and 4 two bed/one bath units. The asset is supported by gated access, garage parking, two laundry rooms, and two main water heaters.
Built in 1960, the property offers a strong combination of completed renovation work and remaining upside. 15 of the 17 total units have been renovated and 2 units remain in original condition. This provides investors with a mostly stabilized asset profile while preserving a clear path to increase income through targeted interior upgrades, continued rent optimization, and improved operation of the remaining non-renovated units. Additional value may be available through future ADU creation, subject to approval by the City of Anaheim and any other applicable authorities.
With most of the renovation program already completed, 1602 - 1608 West Juno Avenue offers investors an Anaheim multifamily opportunity with strong in-place appeal, remaining unit-level upside, and additional long-term potential through future ADU creation.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
Investment highlights
Desirable mix of studio, one-bed, and two-bed floor plans.
Two side-by-side buildings on separate parcels connected by a shared central courtyard.
15 of 17 total units have been renovated.
Gated access, security doors, and garage parking.
16 garage spaces provide convenient off-street parking.
Two on-site laundry facilities provide additional income potential.
Select units feature private patios and balconies.
Potential future ADU upside, subject to City of Anaheim approval.
Near Disneyland, Downtown Disney, Angel Stadium, Honda Center, and OCVIBE.
Convenient access to schools, parks, retail centers, and Interstate 5.
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