5710 E La Palma Ave Anaheim, CA 92807
118-room property suitable for residential conversion in Anaheim Hills.
Property Features for 5710 E La Palma Ave
General Information
- Standard status
- Active
- Size
- 60,312 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1979
Listing office Sperry Commercial Global Affiliates Irvine (310) 704-9109
Listing date Nov 21, 2025
Source Sperrycga
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All listing content including descriptions, pricing, images are the copyrighted material of Sperry Commercial Global Affiliates Irvine
Investment Insights
Based on property information with market context.
Key Highlights
- Conversion opportunity to permanent housing or senior living (zoned Mixed Use Medium, effective June 2025).
- Large 2.9‑acre lot with ample parking (119 spaces).
- Prime location in Anaheim Hills with excellent street exposure and freeway signage visibility.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.92M | $31.80 |
| − Vacancy | −$92.1k | −$1.53 |
| EGI | $1.83M | $30.27 |
| − OpEx | −$821.6k | −$13.62 |
| NOI | $1.00M | $16.65 |
Alternative Uses
Property Analytics
Current Use by Public Records
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