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Listed by: Erik Kaiser (949) 244-8394 DRE #01111620 | RE/MAX TerraSol (714) 536-6529
$1,850,000
9 Beds
7 Baths
--sqft
229 S Delano #4, Anaheim, CA 92804
$1,850,000
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Quadruplex
Built in 1968
$-- HOA
7,841 sqft lot
--/sqft
Description
Excellent opportunity to acquire a fully occupied 4-unit property on a cul-de-sac, in the highly desirable West Anaheim rental market. This well-maintained Covington model fourplex is widely regarded as one of the most sought-after 4-plex designs in the area due to its functional layouts, private garages, and strong tenant appeal. Calculated with the current rent increase set for Feb. 1, 2026, The property will be operating at a Gross Rent Multiplier (GRM) of 15.60 with a Cap Rate of approximately 5.36%, offering immediate income with clear upside potential through future rent increases and potentially additional parking income. All four units are occupied by strong, long...
Continue Reading- Houzeo last checked: 24 Minutes ago
- Listing updated: December 15, 2025 at 7:53 pm
- Source: California Regional MLS-CA | MLS#: OC25275804
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1968
HOA Fees
-
Finished Area
- sqft
Lot Size
7,841 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC25275804
MLS Status
Active
Days on Market
1
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