2858 Lincoln Avenue, Anaheim
Anaheim Home For Sale
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.
Property Details
Additional Information
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- City:
- Anaheim
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- County:
- Orange
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- Zip:
- 92801
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- MLS® #:
- PW24152339
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- Bedrooms:
- 5
-
- Bathrooms:
- 4
-
- Lot Size:
- 0.17
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- Neighborhood:
- Anaheim
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- Levels:
- Two
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- Garages:
- 6
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of August 29th, 2024 at 3:50am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.