2858 W Lincoln Avenue

Anaheim, CA 92801

  • 5 Bed(s)
  • 4 Bath(s)
  • 4,185 Sqft
  • 7585
    Sqft(Lot)
$1,495,000

Description

We are pleased to present lincoln apartments, a 4-unit apartment building in anaheim, ca. the property consists of large 2 and 3-bedroom units with patios/balconies and garage parking spaces. the asset also features individual gas and electric meters and a shared laundry facility. having been professionally managed throughout ownership, the property is on the market for the first time in 24 years. with strong in-place rents, this property offers an investor the opportunity to acquire a high cash-flowing asset generating a 4.8% cap rate with current rents, 6.3% with market rents. this property is ideal for investors seeking a well-priced, value-add opportunity in a sought-after location.

  • Property Type

    Residential Income
  • Subdivision

    Fallbrook
  • County

    Orange
  • Style

    Residential Income
  • AD ID

    46461103

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer
  • Building Information

    • Year Built: 1976
    • Building Area Total: 4,185

    Pool Features

    • None

    Laundry Features

    • Common Area
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1741
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 7585
  • Listing Price Information

    • Original List Price: 1,495,000
    • Listing Contract Date: 2024-07-24

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 12601232
  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 79 - Anaheim West of Harbor
    • Postal Code Plus 4: 6227
    • Directions: Driving East on Lincoln, Property is located on your right hand side.
    • Source Property Type: Residential Income
    • Area: 79 - Anaheim West of Harbor
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 48
    • Common Walls: 2+ Common Walls
    • Structure Type: Quadruplex
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: /
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 09/07/2024 @ 20:40

  • MLS: PW24152339
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 4,185 sqft, 7,585 sized lot, and 6 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Anaheim , in zip code 92801, this Orange County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.