314 S. Rose Street

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Address: 314 S Rose St, Anaheim, CA 92805, USA
Created date: July 10, 2024
Date last updated: August 15, 2024
  • 1986 Construction
  • (28) 2BR/2BA Units, (1) 1BR/1BA and (1) 3BR/2BA
  • (72) Community Garage Parking Spaces
  • Estimated ±38% Upside in Rental Income
  • ±39,541 SF Lot
  • First Time on Market in 27 Years
  • Patios, Balconies, Central A/C & Heat, Laundry, Storage

Property Description

Morgan Skenderian is pleased to present The Anaheim Regency Apartments, a 30-unit complex located in Anaheim, the largest city in Orange County. Constructed in 1986 and operated under current ownership for over 27 years, this property offers a prime added value opportunity for new investors. With 93% of the units being 2BR/2BA apartments, the property boasts significant potential, including a projected ±38% in rental upside. The highly motivated seller is committed to selling this asset and is open to any and all offers, prepared to accept whatever price the market will bear. This presents a rare chance to acquire an attractive property in a prime rental location at an exceptional price. The building is conveniently located within walking distance of the Anaheim Packing District and numerous restaurants and retail shops along Lincoln Avenue, Anaheim Boulevard, and Harbor Boulevard. Residents enjoy amenities such as secure access, patios, balconies, central A/C and heat, laundry facilities, storage options, and 72 covered parking spaces—more than one parking space per bedroom. This offers an additional income stream for new investors by providing tenants with extra parking for a fee. Situated on a ±39,541 square foot lot, the property also provides ample open space for tenants. The Anaheim Regency Apartments is a truly unique asset, making it an excellent addition for both short-term, added-value investors and long-term, cash flow-oriented owners.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $10,500,000
No. of Units: 30
Year Built: 1986
Lot Size: 0.91 Sq ft
Opportunity Zone: No
Price per unit: $350,000
Property Website Click Here
Address: 314 S. Rose Street, Anaheim, CA 92805, USA
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