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3216 W Cabot Dr

4 Unit Block of Flats £1,507,078 (£376,770/Unit) 4.81% Net Initial Yield Anaheim, CA 92804

INVESTMENT HIGHLIGHTS

  • Cap Rate (Current/Market): 4.83% / 5.59%
  • Current Monthly Income is $10,560 With Two Units Eligible for a Rent Increase
  • Community Amenities Include Laundry Room, (2) On-Site Storage Rooms & Well-Parked
  • Two- & Three-Bedroom Floorplans
  • Units 2, 3 & 4 are Completely Renovated
  • Ideal Anaheim Location (Walk Score: 77) - Located Near the Major Thoroughfare of Lincoln Blvd. & Beach Blvd.

EXECUTIVE SUMMARY

3216 W. Cabot Drive is an opportunity to own 4 units on a large 9,032 SF lot. The property offers an excellent unit mix of (2) two-bedroom/two-bathroom and (2) three-bedroom/two-bathroom units. Unit interiors average over 1,146 square feet each.

PROPERTY FACTS

Price £1,507,078 Property Subtype Apartment
Price Per Unit £376,770 Apartment Style Garden
Sale Type Investment Building Class C
Net Initial Yield 4.81% Lot Size 0.21 AC
Gross Rent Multiplier 14.81 Building Size 4,587 SF
No. Units 4 Number of Floors 2
Property Type Multifamily Year Built 1964
Price £1,507,078
Price Per Unit £376,770
Sale Type Investment
Net Initial Yield 4.81%
Gross Rent Multiplier 14.81
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.21 AC
Building Size 4,587 SF
Number of Floors 2
Year Built 1964

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS Avg. Rent.Mo SF
2+2 2 £1,913 1,043 - 1,044
3+2 2 £2,286 1,250

LINKS

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Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 135-301-22 Improvements Assessment £168,794
Land Assessment £903,048 Total Assessment £1,071,842

PROPERTY TAXES

Parcel Number
135-301-22
Land Assessment
£903,048
Improvements Assessment
£168,794
Total Assessment
£1,071,842
(714) 616-0689

CONTACT

  • Listing ID: 33196969

  • Date on Market: 16/09/2024

  • Last Updated:

  • Address: 3216 W Cabot Dr, Anaheim, CA 92804

The South Anaheim Multifamily Property at 3216 W Cabot Dr, Anaheim, CA 92804 is currently available. Contact CBRE for more information.

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3216 W Cabot Dr
(714) 616-0689 x

3216 W Cabot Dr

Amanda Fielder

(714) 616-0689

(714) 616-0689

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