
Deal numbers
- Est. cap rate
- 4.8%
- Assumed rent, all units
- $11,000/mo
- Units
- 4
- Price per unit
- $344,750
- Est. annual NOI
- $66,000
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $125,400
- Operating expenses
- $62,700
- Net operating income
- $62,700
- Annual debt service
- $82,571
- Annual cash flow
- -$19,871
- Cash on cash return
- -5.8%
- Down payment
- $344,750
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Quadruplex
- Bedrooms
- 4
- Building size
- 2,981 sqft
- Lot size
- 9,799 sqft
- Year built
- 1961
- Stories
- 1
- Garage spaces
- 4
- Pool
- None
- Status
- Active
- Days on market
- 68
- MLS #
- 243988598
About this property
Exceptional investment opportunity in the heart of East Anaheim! Located at 1256 N. Placentia Avenue, this well-maintained four-unit apartment property features an attractive unit mix consisting of one spacious 2-bedroom, 1-bathroom unit and three 1-bedroom, 1-bathroom units, providing strong rental appeal and income potential. The 2-bedroom unit will be delivered vacant, offering immediate upside for an owner-occupant or investor seeking to achieve market rents. The property is ideally situated near Disneyland Resort, Angel Stadium, Honda Center, and California State University, Fullerton, while offering excellent commuter access to the 91, 57, and 5 Freeways. Positioned in a centrally located neighborhood with proximity to major employment centers, entertainment destinations, and transportation corridors, this income-producing asset presents an outstanding opportunity for investors seeking stable cash flow and long-term appreciation in one of Anaheim's most established rental markets.
Location
1256 N Placentia
Anaheim, Orange, CA, 92806