Description

You have Arrived! Welcome to this fully occupied 4-unit investment opportunity in Anaheim offering strong in-place income with additional upside through below-market rents. The property features four 2-bedroom, 1-bath units with an estimated cap rate of approximately 4.5%–5.0% depending on final purchase price and verified operating expenses. Tenants pay their own separately metered gas and electricity, while the owner currently pays water and trash. Each unit has its own water heater, gas stove, and wall heater, with several heating units updated in recent years. The property has also benefited from recent improvements including a newer roof, exterior paint, stairs, and flooring. Professionally managed and fully occupied, this is a great opportunity for an investor looking for stable income today with future rent-growth potential. Conveniently located near shopping, dining, transportation, and major employment centers. Buyer to verify all rents, expenses, unit configurations, square footage, lease terms, cap rate, and property information.

Property details

Year built

1960

Property type

Residential Income

Lot size

5,663 sqft

Location

1837 W Gramercy • Anaheim, CA 92801

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Listed by

Matthew Schaeffer · Arrive Real Estate

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2012 W Dogwood: Sold $899,000 · 4 bd · 2 ba · 1,166 sqft · Jul 2026 · 0.4 mi
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Closed sales reported in 92801, nearest first, last 12 months. All recent sales in Anaheim →

Residential Income - 1837 W Gramercy, Anaheim, CA