Two-Unit Duplex with
122 S West, Anaheim, CA 92805
For Sale
$988,800
Pending
Two-bedroom units feature separate yards, utility meters, and central air conditioning.
Property Size2,000 SF
Days on Market58
Property Features for 122 S West
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
The Shire Real Estate Group
Listed By:
John Chesshire · License CA #00922652
(714) 317-8278
Source:
Kottandco
Added: Sep 14
Changed: Nov 5
Last Checked: Nov 8 at 3:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Shire Real Estate Group
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Investment Insights
Based on property information with market context.
Built in 1912, this Anaheim duplex contains two approximately 1,000-square-foot residences, each arranged with two bedrooms, central AC, a separate yard, and independent water, gas, and electric meters. The property includes two single-car garages with fire sprinkler systems, along with additional parking areas. The front residence adds a quarter basement, interior laundry, and a driveway extending more than 40 feet. The rear unit has a new dishwasher, new garbage disposal, and new flooring in both bedrooms.
The roof was installed approximately in 2019. The interiors are dated and offer a renovation scope that includes paint and flooring updates. The property is located minutes from Disneyland, the Anaheim Packing District, Angel Stadium, and the Honda Center. The sale is subject to probate procedures and is being offered as-is.
The roof was installed approximately in 2019. The interiors are dated and offer a renovation scope that includes paint and flooring updates. The property is located minutes from Disneyland, the Anaheim Packing District, Angel Stadium, and the Honda Center. The sale is subject to probate procedures and is being offered as-is.
Key Highlights
- Two approximately 1,000‑square‑foot units, each with two bedrooms
- Separate yards and independent water, gas, and electric meters
- Two single‑car garages with fire sprinkler systems installed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,827
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,540
$716.5K
Cap Rate 7%
$511,814
$511.8K
Cap Rate 9%
$398,078
$398.1K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$54.0K $27.00/SF
− Vacancy
−$2.8K −$1.41/SF
EGI
$51.2K $25.59/SF
− OpEx
−$15.4K −$7.68/SF
NOI
$35.8K $17.91/SF
Area
ZIP 92805
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,540
Cap Rate 7%
$511,814
Cap Rate 9%
$398,078
Alternative Uses
Best Use
Multifamily LT 5
$511.8K
$447.8K – $597.1K
NOI $35,827 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$445.5K
$389.8K – $519.8K
NOI $31,185 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$610.8K
$534.5K – $712.6K
NOI $42,758 @ 7.0% cap · market cap 4.32%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,311
Businesses Nearby
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Business Placement
Demographics for 92805, CA
74,633
Population
23,195
Households
3.2
Avg Household Size
33
Median Age
26%
College-Educated
71%
High-School Grad
6.2 sq mi
ZIP Area
12,038
Density / Sq Mi
$85,623
Median Household Income
$38,180
Median Earnings
$2,045
Median Rent
$667,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Orange County, CA
Properties on Market for Duplexes in Orange County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units feature separate yards, utility meters, and central air conditioning.
Where is this duplex located?
The property is located at 122 S West Anaheim, CA.
What is the asking price?
The asking price for this property is $988,800.
What are key features of this property?
This property features: Two approximately 1,000‑square‑foot units, each with two bedrooms; Separate yards and independent water, gas, and electric meters; Two single‑car garages with fire sprinkler systems installed
