

West Glencrest Apartments
Multifamily | 4.38% CAP | 4 Units
Marketing description
1827 W. Glencrest Avenue presents investors with the opportunity to acquire a well-maintained Anaheim apartment community that has undergone a thoughtful interior renovation program designed to enhance tenant appeal while minimizing future capital expenditures. Ownership has selectively renovated units with contemporary finishes that compete with newer apartment communities and support continued rent growth.
Renovated units feature fresh interior paint, durable new flooring throughout, updated kitchen cabinetry, modern countertops, new faucets, stainless steel sinks, new garbage disposals with updated plumbing beneath the sink, new electric ranges, contemporary range hoods, and new window blinds. These improvements provide residents with a clean, modern living environment while reducing maintenance costs for future ownership.
The property's renovation strategy has positioned the asset to capture premium rents while still offering an investor the opportunity to continue upgrading remaining units as turnover occurs. Combined with its desirable Anaheim location, strong rental demand, and proximity to major employment centers, shopping, dining, and freeway access, 1827 W. Glencrest Avenue offers an attractive balance of in-place cash flow and long-term value creation.
Investment highlights
- Highly Desirable Unit Mix: Three 2 Bed/1 Bath units and One 3 Bed/2 Bath Unit
- Washer and Dryer Hookups in Each Unit
- Private Patios for Select Units
- Separately Metered for Gas & Electric
- Garage Parking for Each Unit
- Well Located Near the 5 and 91 Freeways, Anaheim Regional Medical Center, and Walking Distance to Both the Euclid and Anaheim Shopping Plazas
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