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120 N Belinda Circle, Anaheim, CA, 92801

120 N Belinda Circle

$1,570,000

Key Information

Cap Rate
4.81%
Proforma Cap
6.6%
$ per SF
$362
Tot. SF
4,331
Lot Size
0.2 Acres
Units
5
Year Built
1978
Type
Apartments
Occupancy
100%
NOI
$75,534

Highlights

• Five-unit multifamily asset in an established Anaheim residential neighborhood
• Desirable unit mix of one 3-bed / 1.5-bath townhouse, one 2-bed / 1-bath townhouse, one 2-bed / 1-bath flat, and two 1-bed / 1-bath flats
• Approximately 4,331 SF of rentable space on a 0.20-acre lot, built in 1978
• Spacious two- and three-bedroom floor plans, including two townhouse-style units, supporting strong tenant appeal and longer-term tenancy
• Recent capital investment in new balconies (approximately $30,000), addressing SB 721 balcony inspection requirements
• Newer hot water heater, reducing near-term capital expenditure exposure
• Each unit includes a wall heater, dishwasher, and garbage disposal
• On-site laundry room currently not in service, offering an opportunity to generate supplemental income
• Strong in-place rental demand in a supply-constrained Anaheim rental market
• Close proximity to Disneyland, the Anaheim Packing District, Honda Center, Angel Stadium, and the Platinum Triangle
• Excellent regional connectivity via the 5, 57, and 91 Freeways

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245