307 N Tustin, Anaheim, CA, CA 92807
- $2,475,000
- List Price
- $2,475,000
- Status
- ACTIVE
- MLS#
- OC26155569
- County
- Orange
- Year Built
- 1964
- Building Square Feet
- 4,020
- Square Feet
- 10,454
- Days on Market
- 12
- Property Type
- Multifamily
- Neighborhood
- Other
Property Description
Exceptional investment opportunity in a prime Anaheim location near N. Tustin Avenue with convenient access to the 91, 55, and 57 Freeways. This fully renovated fourplex consists of four spacious 2-bedroom, 2-bathroom units, each thoughtfully updated with modern finishes and designed for today's renters. The front units are offered for lease at $3,450 per month, while the rear units are offered for lease at $3,050 per month, presenting strong income potential. Each residence has been extensively remodeled with modern kitchens, updated bathrooms, new flooring, fresh interior and exterior paint, energy-efficient mini-split HVAC systems, and numerous additional upgrades. Every unit also features its own private in-unit laundry, providing added convenience and enhancing tenant appeal. This is a true pride-of-ownership property with no deferred maintenance, making it a turnkey investment opportunity. Each unit is separately metered for gas and electricity, providing operational efficiency and minimizing owner expenses. The property also includes five one-car garages, presenting an excellent opportunity for additional rental income or potential garage-to-ADU conversions. Whether you're looking for a turnkey multifamily asset with minimal maintenance or seeking future upside through ADU potential, this property offers an outstanding opportunity in one of Anaheim's most desirable rental markets.
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Additional Information
- Parcel Number
- 36017204
- Common Interest
- Community Apartment
- Gross Scheduled Income
- $163,200
- Operating Expense
- 28000
- Net Operating Income
- $135,200
- Number of Buildings
- 1
- Lot Features
- Front Yard
- Garage Spaces Total
- 5
- Sewer
- Sewer Tap Paid
- Water
- Public
- Community Features
- Street Lights
Listing courtesy of Listing Agent: Yazen Haddad (haddad.yazen@gmail.com) from Listing Office: E Realty.
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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.