1623 Walnut, Anaheim, CA 92802
$3,600,000
$3,975,000
9.4%
Est.Price: ?

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18,975 Acres Lot

1623 Walnut Anaheim, CA 92802

Est. payment /mo
SOLD DATE : 01/31/2024

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Key Details

Sold Price $3,600,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision ,None

MLS Listing ID PW23096662

Sold Date 01/31/24

HOA Y/N No

Year Built 1960

Lot Size 18974.999 Acres

Property Sub-Type Apartment

Property Description

Welcome to 1623 and 1629 Walnut St, Anaheim A highly sought-after 16-unit apartment building located just steps away from the magical wonders of Disneyland, right in the heart of Anaheim! This exceptional property, boasting two 8 unit buildings in a prime location directly behind Downtown Disneyland, presents a unique investment opportunity for astute buyers looking to capitalize on both location and value add potential.
This property is being offered for the first time in 47 years. Consisting of 16 spacious one-bedroom, one-bathroom units, each designed to provide comfort and convenience to its residents, this apartment building offers a wonderful rental income potential in a thriving rental market.
One of the standout features of this property is the 16 convenient carports, providing ample parking space for residents and ensuring ease of access.
The location couldn't be more ideal for residents and investors alike. Situated in the heart of Anaheim, just a stone's throw away from Downtown Disneyland, residents will enjoy the convenience of being able to walk to the vibrant entertainment district with its countless restaurants, shops, and attractions.
Additionally, the property is nestled in a prime rental market, offering immense value-add potential. With Anaheim experiencing consistent growth and a strong demand for housing, savvy investors can take advantage of the current market conditions to enhance the property's value and maximize rental income. Renovations, upgrades, and modern amenities could be added to increase overall cash flow.
Whether you are an investor looking to expand your portfolio or a discerning buyer seeking an income-generating property in an exceptional location, this 16-unit apartment building presents an extraordinary opportunity. Don't miss out on this rare gem in the heart of Anaheim's prime rental market with its remarkable proximity to Disneyland. Seize the chance to make your mark and unlock the true potential of this property.

Location

State CA

County Orange

Area 79 - Anaheim West Of Harbor

Interior

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Carport Spaces 16

Pool None

Community Features Suburban

Total Parking Spaces 16

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 12933209

Energy Description 4206.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard, Trust

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Listed by Jerry Jervis Seven Gables Real Estate 714-944-9840, DRE #01185627
Bought with Outside Agent Outside Office
Jessica Lam

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