PRICE $3,700,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 7,579 sqft
LOT SIZE 25,082 sqft

We are pleased to present the investment opportunity of the Stonecrest Villas, a single story garden style, 14 unit apartment community situated in the picturesque West Anaheim. This property boasts three immaculately maintained buildings with abundant parking and stunning landscaping that creates a spacious and inviting environment. The majority of the apartments feature one bedrooms and include a patio, large mirrored closets, and wall air conditioning and heating units. Each building has its own water heater for added convenience and plenty of hot water. Additionally, approximately 50% of the units have been recently upgraded, adding even more value to the property. The Stonecrest Villas has consistently generated strong cash flow for the seller and presents a unique opportunity for an investor to acquire a well maintained asset with tremendous potential for an estimated 30% increase in rental income. By maximizing this potential, investors can expect to achieve a compelling 7% cap rate based on market rents. Don’t miss out on this outstanding investment opportunity!

DAYS ON MARKET 72 LAST UPDATED 11/5/2024
TRACT ,Anaheim YEAR BUILT 1959
COMMUNITY Anaheim West of Harbor GARAGE SPACES 16.0
COUNTY Orange STATUS Conditional
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA Anaheim West of Harbor
GARAGE Yes
LOT 0.58 acre(s)
LOT DESCRIPTION Rectangular Lot
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
SUBDIVISION ,Anaheim
WATER Public
MORTGAGE CALCULATOR
   

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Listed with Triqor Group

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/21/24 3:32 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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