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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$7,200,000
Est. payment /mo
25,007 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 25,007 sqft
Price per Sqft $287
MLS Listing ID OC-26172834
Year Built 1975
Lot Size 0.870 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Nine-Eighteen Apartments is a 32-unit multifamily investment opportunity strategically located in the heart of Anaheim, California. Constructed in 1975, the property consists of 32 apartment homes situated on a ±0.87-acre parcel encompassing ±25,007 rentable square feet. The community benefits from a low-density site plan and an average unit size that exceeds many competing assets within the surrounding submarket. Nine-Eighteen Apartments offers select residences featuring desirable townhome-style layouts with vaulted ceilings, while community amenities include gated access, covered parking, a relaxing spa area, landscaped common areas, and on-site laundry facilities. These features contribute to long-term tenant retention and support the property's competitive position within the Anaheim rental market. The property is positioned within one of Orange County's most established multifamily corridors, benefiting from proximity to major employment centers, transportation infrastructure, healthcare facilities, educational institutions, and regional entertainment destinations. Investors are afforded the opportunity to capitalize on continued rental growth while preserving the stability associated with a well-located Anaheim apartment community. Nine-Eighteen Apartments represents a rare opportunity to acquire a scale multifamily asset in a supply-constrained Orange County market offering durable cash flow, operational upside, and long-term appreciation potential.
Location
State CA
County Orange
Interior
Laundry Community
Exterior
Garage Spaces 5.0
Pool None
Community Features Curbs, Gutters, Sidewalks, Street Lights
Building
Lot Description Level with Street
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900