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601 N Pauline Street, Anaheim, CA, 92805

601 N Pauline Street
$2,350,000

Key Information

Cap Rate
6.39%
$ per SF
$457
Tot. SF
5,136
Lot Size
0.23 Acres
Units
8
Year Built
1961
Type
Apartments
NOI
$150,257

Highlights

• Well-maintained 8-unit multifamily asset located in a strong Anaheim rental corridor
• Desirable garden-style building with excellent curb appeal and efficient low-rise design
• Larger square foot 1-Bed / 1-Bath units and newer double pane vinyl windows
• Approximately 5,134 SF of rentable space situated on a sizeable ±0.23 AC lot
• Each unit includes private one-car garage parking, and additional street parking
• Individually metered for gas and electricity, helping reduce owner utility expenses
• On-site laundry facility with newer washers and dryers and a newer hot water heater
• Well-maintained property featuring pitched roof architecture and functional layouts
• Strong in-place rental demand with continued long-term upside in a high-growth Anaheim market
• Centrally located near Anaheim Packing House, Disneyland, Honda Center, Angel Stadium, and major employment hubs
• Excellent connectivity to the 5, 57, and 91 Freeways, offering convenient access throughout Orange County and surrounding areas

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