1215 S Athena Way, Anaheim, CA, CA 92806

$1,850,000

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List Price
$1,850,000
Status
ACTIVE
MLS#
OC26022232
County
Orange
Year Built
1972
Building Square Feet
4,345
Square Feet
8,276
Days on Market
180
Property Type
Multifamily
Stories
Two Levels
Neighborhood
Other

Property Description

1215 South Athena Way is a 4-unit multifamily property located in Anaheim, CA. Built in 1972, the property offers a desirable unit mix, strong parking, and meaningful recent improvements in a well-located Anaheim submarket. The property consists of two and three-bedroom units, each with private outdoor space and individual laundry hookups located within the unit’s assigned garage, a highly sought-after amenity that supports tenant retention and rental demand. Current ownership has completed a full interior renovation of one unit while also investing in multiple property-wide improvements, establishing a clear and proven renovation path for future ownership. The renovated unit highlights the achievable rental and lifestyle upside through modern finishes, while the remaining units provide immediate value-add potential through continued interior upgrades over time. The property is supported by 7 total parking spaces, including three single-car garages, one two-car garage, and two surface spaces, along with recently upgraded windows, garage doors, and major building systems. Combined with its proximity to major employment, entertainment, and transit corridors, 1215 South Athena Way represents a compelling opportunity for both owner-operators and long-term investors seeking a well-maintained Anaheim asset with future upside.

Additional Information

Parcel Number
25317103
Common Interest
Community Apartment
Gross Scheduled Income
$121,500
Operating Expense
35583
Net Operating Income
$82,272
Number of Buildings
1
Lot Features
Street Level
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Community Features
Curbs, Gutter(s), Street Lights, Sidewalks

Listing courtesy of Listing Agent: Christian Tait (christian.tait@marcusmillichap.com) from Listing Office: Marcus & Millichap RE Invest.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.