2858 W Lincoln Avenue, Anaheim, CA 92801

About this fourplex

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.

Listing description from the November 2024 sale, as reported to CRMLS.

Sale history

$1,510,000

Sold November 2024 · listed $1,495,000, on market July 2024 · MLS #PW24152339 · Source: CRMLS

Listing Agent: Ryan Loria · Listing Office: Triqor Group · Contact: 949-756-3232 · Bought with: Ryan Loria · Triqor Group

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