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$ 1,400,000
Est. payment | /mo
4 Beds
8,712 Sqft Lot
$ 1,400,000
Est. payment | /mo
4 Beds
8,712 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID OC25257522
Bedrooms 4
Lot Size 8,712 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
3420 West Danbrook Avenue is a well-maintained 4-unit multifamily investment property located in Anaheim, California. Built in 1961 on a 0.20-acre parcel, the property features a desirable mix of three 2 bed/1 bath units and one 2 bed/2 bath unit. Each residence includes a private patio and security door, while most windows have been upgraded to dual-pane for improved comfort and energy efficiency. Additional amenities include five garage spaces, an on-site laundry facility, and a remodeled central courtyard that enhances the propertys overall appeal. Current ownership has completed several key capital improvements, including a new water heater, replaced the water and sewer lines, installed new ovens and wall heaters, and made courtyard renovations. These updates reduce future maintenance needs and position the property well for continued strong performance. With current rents more than 60% below market levels, the asset offers immediate upside potential through interior renovations and rental rate adjustments. The property benefits from a convenient location within walking distance of multiple grocery-anchored shopping centers at the intersection of Knott Avenue and Lincoln Avenue. It is also conveniently located near all three levels of schooling: Danbrook Elementary, Orangeview Junior High, and Western High School, appealing to family-oriented tenants. Cypress College, located less than a mile away, serves over 13,000 students annually and provides a consistent source of housing demand. In addition, the property is just over one mile from Knotts Berry Farm and Buena Park
Location
State CA
County Orange
Zoning Assessor
Direction Cross Streets of West Danbrook Avenue & Knott Avenue
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 13534306
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Christian Tait Marcus & Millichap RE Invest
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Ben Biggs
REALTOR® | Lic# 02016327