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Off market
  • Listing Provided by: 
    $2,018,800

    2044 S Nautical St, Anaheim, CA 92802

    --beds
    --baths
    4,483sqft
    Quadruplex
    Built in 1969
    -- sqft lot
    $2,018,800 Zestimate®
    $450/sqft
    $3,199 Estimated rent

    What's special

    Prime Investment Opportunity in Anaheim – Fully Occupied 4-Unit Apartment Near Disneyland and Angel Stadium! Discover an exceptional investment opportunity in Anaheim, CA! This fully occupied 4-unit apartment building is strategically located just 3 miles from Disneyland and a short distance from Angel Stadium, making it a dream investment. With new plumbing, fresh paint, a dedicated laundry room, and a satisfactory balcony inspection in compliance with SB721, this property is not only well-maintained but also primed for increased returns. Property Highlights: Unit Mix: 1 Unit: 3 Bedrooms, 2 Bathrooms 3 Units: 2 Bedrooms, 1 Bathroom Current CAP Rate: 4.40%+ Potential CAP Rate (Post-Renovation): 5.45%+ Recent Upgrades: New Plumbing: Ensures long-term reliability and reduces maintenance costs. Fresh Paint: Enhances curb appeal and tenant satisfaction. Satisfactory Balcony Inspection (SB721 Compliance): Ensures structural safety and compliance with California regulations, minimizing potential liabilities. Dedicated Laundry Room: Convenient on-site laundry facilities for tenants, adding value and appeal. Renovation Status: 2 Units: Beautifully remodeled and commanding market rent. 2 Units: Opportunity for upgrades to further boost rental income and maximize the CAP rate. Key Features: Prime Location: Easy access to entertainment hubs, dining, and major highways. Steady Cash Flow: Fully occupied with reliable tenants. Value-Add Potential: Renovate the remaining two units to unlock higher rental income. Whether you’re a seasoned investor or looking to expand your portfolio, this property offers a perfect blend of stability, growth potential, and low-maintenance benefits. Act fast, opportunities like this don’t last long in Anaheim! Contact us today to secure this promising investment! DO NOT DISTURB THE TENANTS!

    Zillow last checked: 7 hours ago

    Listing updated: March 15, 2025 at 06:41am

    Source: CRMLS,MLS#: WS25045586MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 4,483
    • Total interior livable area: 4,483 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Assigned
    • Garage spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main
    • Pool features: None
    Lot
    • Size: 7,841 sqft
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 13743127
    • Zoning: MFD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Street Lights, Sidewalks, Urban
    Location
    • Region: Anaheim

    HOA & financial

    Other financial information
    • Total actual rent: 112353

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Private Financing Available
    Services availability
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    Estimated market value

    $2,018,800