Anaheim, CA 92801,2858 West Lincoln Avenue
Anaheim, CA 92801,2858 West Lincoln Avenue
Anaheim, CA 92801,2858 West Lincoln Avenue
Listed by Ryan Loria • Triqor Group
$1,510,000
Est. payment /mo
Est.Price: ?

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4,185 SqFt
SOLD DATE : 11/27/2024

Key Details

Sold Price $1,510,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 4,185 sqft

Price per Sqft $360

MLS Listing ID PW-24152339

Year Built 1976

Lot Size 7,585 Sqft

Property 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.

Location

State CA

County Orange

Interior

Laundry Common Area

Exterior

Parking Features Gated

Garage Spaces 6.0

Pool None

Community Features Sidewalks

Building

Lot Description Rectangular Lot

Sewer Public Sewer

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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