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Listed by: Tyler Leeson (949) 419-3326 DRE #01451551 | Marcus & Millichap RE Invest (949) 419-3200
$3,800,000
3 Beds
- 2 Baths
--sqft
2109 2113 E Westport Dr, Anaheim, CA 92806
$3,800,000
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Apartment
Built in 1959
$-- HOA
0.4 acre lot
--/sqft
Description
The Westporter Apartment Homes is a well-located 14-unit multifamily investment situated on two adjacent parcels with a shared central courtyard at 2109 & 2113 East Westport Drive in Anaheim. Constructed in 1959, the property features a desirable unit mix of 12 one-bed/one-bath units and 2 two-bed/one-bath units, supported by 14 garage spaces, security entry doors, and two on-site laundry facilities (one per building). The asset is being offered at a 5.26% CAP rate on current rents, with the potential to achieve a 6.73% CAP rate on market rents, providing clear income growth through continued rent optimization. Current ownership has implemented RUBS, allowing for the reco...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1959
HOA Fees
-
Finished Area
- sqft
Lot Size
0.4 acre lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC26018438
MLS Status
Active
Days on Market
6
Cumulative Days on Market
25
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