Est. cap rate

3.5%

Assumed rent, all units

$13,240/mo

Units

4

Price per unit

$572,500

Est. annual NOI

$79,440

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.

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

4,020 sqft

Lot size

10,454 sqft

Year built

1964

Stories

1

Garage spaces

5

Pool

None

Status

Active

Days on market

80

MLS #

244911762

About this property

Exceptional investment opportunity in a prime Anaheim location near N. Tustin Avenue with convenient access to the 91, 55, and 57 Freeways. This fully renovated fourplex consists of four spacious 2-bedroom, 2-bathroom units, each thoughtfully updated with modern finishes and designed for today's renters. All units generating 12,600 monthly. Each residence has been extensively remodeled with modern kitchens, updated bathrooms, new flooring, fresh interior and exterior paint, energy-efficient mini-split HVAC systems, and numerous additional upgrades. Every unit also features its own private in-unit laundry, providing added convenience and enhancing tenant appeal. This is a true pride-of-ownership property with no deferred maintenance, making it a turnkey investment opportunity. Each unit is separately metered for gas and electricity, providing operational efficiency and minimizing owner expenses. The property also includes five one-car garages, presenting an excellent opportunity for additional rental income or potential garage-to-ADU conversions. Whether you're looking for a turnkey multifamily asset with minimal maintenance or seeking future upside through ADU potential, this property offers an outstanding opportunity in one of Anaheim's most desirable rental markets.

Location

307 N Tustin

Anaheim, Orange, CA, 92807