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Listed by Rick Applebaum • Morgan Skenderian
$3,775,000
Est. payment /mo
9,692 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 9,692 sqft
Price per Sqft $389
MLS Listing ID CRPW25161418
HOA Y/N No
Year Built 1960
Lot Size 0.339 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Pleased to present 1803 & 1807 Sumac Lane, a 14-unit investment opportunity located in Anaheim. Built in 1960 and consisting of one- and two-bedroom units, this property offers significant value-add potential with an estimated 47% in rental upside. The property features an onsite laundry facility, garages and a central courtyard for all tenants to use. Recent capital improvements include a hot water re-pipe, new gas lines (9 units), water heater (1807 building), and garage doors, making it a secure and promising addition to any investor's portfolio. Situated minutes away from notable attractions, including Disneyland Resort and Downtown Disney, tenants will enjoy convenient access to entertainment, shopping and employment opportunities.
Location
State CA
County Orange
Interior
Fireplace No
Laundry Common Area
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613