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ResidentialIncome — 1512 S Ninth Street, Anaheim, CA

$3,345,000

1512 S Ninth Street, Anaheim, CA

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About this property

This well-maintained 10-unit apartment building, built in 1976, is ideally situated in the heart of Anaheim, just two blocks from world-famous Disneyland and Downtown Disney. The property offers an attractive unit mix of large one-bedroom and two bedroom units, all featuring private patios or balconies, wall A/C units, and generous floorplans that appeal to long-term renters. Residents benefit from (16) enclosed garages (1.6 per unit), a convenient on-site laundry facility, and a recently completed new roof, enhancing the building's structural integrity and long-term value. The property currently operates at a strong 5.2% CAP rate on in-place rents with room still to increase income. *7 of the 10 units are eligible for 8% rent increases effective April 1, 2026.

Property details

Year built
1976
Property type
ResidentialIncome

Location

1512 S Ninth Street • Anaheim, CA 92802

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Listed by

Paul Espinosa · Morgan Skenderian