401 S Magnolia, Anaheim, CA, CA 92804

$2,190,000

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List Price
$2,190,000
Status
ACTIVE
MLS#
PW26161669
County
Orange
Zoning
C-G
Square Feet
3,225
Lot Size (acres)
0.2364
Lot Location
Paved
Days on Market
4
Property Type
Commercial
Property Sub Type
Retail

Property Description

Prime investment opportunity in the heart of Anaheim Town Center! This exceptional, fully leased 4-tenant commercial retail center delivers immediate and highly stable rental income. Ideally situated on a high-visibility hard corner along a major thoroughfare, the property benefits from outstanding daily traffic counts of 20,000 to 30,000 vehicles. Zoned General Commercial (C-G), the property offers versatile commercial potential. Parking is convenient, featuring 16 dedicated rear parking spaces with a rear exit point for easy ingress and egress, as well as street parking. Strategically located near world-class attractions including Disneyland and Knott's Berry Farm, with seamless access to both the 5 and 91 freeways. Extensive property improvements over time include a resurfaced parking lot with an added security gate, fully upgraded building-wide plumbing, and newly applied roof waterproofing. The restaurant unit features an installed walk-in cooler, and an ADA-compliant wheelchair accessible ramp is currently under construction. With its prime location and continuous capital improvements, this property presents outstanding value-add potential and long-term rental growth for savvy investors.

Additional Information

Parcel Number
12604115
Lot Features
Paved
Water
Public

Listing courtesy of Listing Agent: Ji Jung Lee (realtor.junelee@gmail.com) from Listing Office: Coldwell Banker Best 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.