Est. cap rate

4.3%

Assumed rent, all units

$9,720/mo

Units

4

Price per unit

$337,500

Est. annual NOI

$58,320

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

3,829 sqft

Lot size

5,663 sqft

Year built

1960

Stories

2

Garage spaces

4

Pool

None

Status

Active

Days on market

19

MLS #

247542071

About this property

You have Arrived! Welcome to this fully occupied 4-unit investment opportunity in Anaheim offering strong in-place income with additional upside through below-market rents. The property features four 2-bedroom, 1-bath units with an estimated cap rate of approximately 4.5%–5.0% depending on final purchase price and verified operating expenses. Tenants pay their own separately metered gas and electricity, while the owner currently pays water and trash. Each unit has its own water heater, gas stove, and wall heater, with several heating units updated in recent years. The property has also benefited from recent improvements including a newer roof, exterior paint, stairs, and flooring. Professionally managed and fully occupied, this is a great opportunity for an investor looking for stable income today with future rent-growth potential. Conveniently located near shopping, dining, transportation, and major employment centers. Buyer to verify all rents, expenses, unit configurations, square footage, lease terms, cap rate, and property information.

Location

1837 W Gramercy

Anaheim, Orange, CA, 92801