419 Tustin Avenue, Anaheim
Anaheim Home For Sale
We are pleased to present, for the first time in almost 40 years, the opportunity to acquire 419 N Tustin Ave. Built in 1964, this well-maintained 4-unit apartment complex is 3,480 square feet situated on a massive 10,454 square foot lot. Bordering Anaheim Hills and the City of Orange, this property benefits from convenient access to local amenities and transportation hubs, including major employment centers and recreational facilities. The subject property is comprised of (2) 2-bed, 2-bath single-story units, each featuring only one shared wall and private patios, providing a sense of privacy and comfort for tenants. Additionally, there are two 1-bed, 1-bath units located above the carports, also with only one shared wall. Gas and electricity are separately metered for each unit, ensuring straightforward utility management. The property provides ample parking with five (5) carport spaces and five (5) uncovered tandem spaces, each equipped with storage rooms. There is an on-site laundry facility for the tenant's convenience. Exterior renovations include a brand-new roof, new windows, paint, plus much more. Interior renovations include 3 of the 4 units kitchens have been remodeled with new cabinets and countertops and new subpanels. 419 N Tustin Ave provides an investor with the opportunity to own an improved asset in one of the most desired rental neighborhoods and fastest growing markets in Southern California. The asset offers strong in-place income providing resistance to statewide rent control and has over 25% potential rental upside.
Property Details
Additional Information
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- City:
- Anaheim
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- County:
- Orange
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- Zip:
- 92807
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- MLS® #:
- SB24139981
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- Bedrooms:
- 6
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- Bathrooms:
- 6
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- Lot Size:
- 0.24
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- Neighborhood:
- /
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- Levels:
- Two
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of July 15th, 2024 at 6:45am 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.