Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1121 N Anaheim Blvd Anaheim, CA 92801

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,390,000

    1925 home with income potential in mature Anaheim neighborhood.

    Lot size:
    0.12 Acres

    Property Features for 1121 N Anaheim Blvd

    General Information

    Property type
    Investment
    Standard status
    Active
    Lot size
    0.12 Acres

    Building Details

    Year built
    1925

    We can help!

    Listing Contact
    Kalvin Tsui
    Source: Elliman

    Listing Agent: Kalvin Tsui

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Historic Anaheim Home with Income

    This historic home, constructed in 1925, is located in a mature Anaheim neighborhood that offers both residential charm and redevelopment potential. The property's location provides proximity to major Anaheim hubs, including the resort and destination area. This makes it attractive for owner-occupiers and investors. The property can be split into two units, each with separate entrances, or maintained as a single-unit dwelling. There are tenants on standby willing to rent for $5,000 per month. Permitting is in process, and the owners are working with the city to obtain permits for additional construction and to comply with city requirements. The property presents the possibility of conversion into a larger multi-family residence.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anaheim
    County
    Orange
    State
    California
    Longitude
    -117.9200309
    Latitude
    33.8488681

    Nearby Similar for Sale

    • $950,000
      1,727 SF

      Anaheim Warehouse with Office Space

      1,727 SF warehouse with office near 5 and 91.
      2639 W Woodland Dr, Anaheim, CA 92801
      View Details
    • $1,350,000
      Pending

      Anaheim Triplex: Investment Opportunity

      Triplex in Anaheim near Disneyland, offering great cash flow.
      2115 S Broden St, Anaheim, CA 92802
      View Details
    • $1,849,000
      4,217 SF

      Anaheim Quadruplex Investment Opportunity

      Quadruplex in Anaheim, close to amenities and entertainment centers.
      1221 S Sunburst Way, Anaheim, CA 92806
      View Details
    • $1,350,000
      2,976 SF

      Anaheim Triplex Near Disneyland

      Well-maintained triplex with strong income potential near Disneyland.
      2115 S Broden St, Anaheim, CA 92802
      View Details
    • $1,750,000
      3,211 SF

      Anaheim Triplex with Pool and ADUs

      Triplex in Anaheim featuring a pool, ADU, and JADU.
      824 S Dune St, Anaheim, CA 92806
      View Details
    • $899,900
      Pending

      Historic Anaheim Craftsman with ADU

      Craftsman home with permitted ADU and Mills Act savings.
      805 N Clementine St, Anaheim, CA 92805
      View Details
    • $1,495,000
      3,485 SF

      Anaheim Commercial Property with Warehouse

      Commercial property in Anaheim with office and warehouse space for sale.
      1223 N Tustin Ave, Anaheim, CA 92807
      View Details
    • $1,750,000
      4,357 SF

      Anaheim Quadruplex with Upside Potential

      Fully occupied fourplex in West Anaheim with strong tenant appeal.
      229 S Delano St, Anaheim, CA 92804
      View Details
    • $1,720,000
      4,172 SF

      Anaheim Single-Story Pool Home

      Spacious single-story home with pool, ADU, and entertainer's backyard.
      2550 W Rowland Ave, Anaheim, CA 92804
      View Details
    • $1,695,000
      3,576 SF

      Anaheim Multifamily Property For Sale

      Multifamily property in Anaheim, CA, featuring 3,576 square feet.
      2121 W Catalina Ave, Anaheim, CA 92801
      View Details
    • $1,695,000
      4,634 SF

      Anaheim Quadruplex in High Demand

      Four-unit multifamily property in a sought-after Anaheim location.
      2552 Terrace St E, Anaheim, CA 92806
      View Details
    • $1,050,000

      Anaheim Flex Space For Sale

      Flex space unit in a professionally managed business park.
      2639 W Woodland Dr, Anaheim, CA 92801
      View Details

    FAQs

    What type of property is this?
    Duplex - 1925 home with income potential in mature Anaheim neighborhood.
    Where is this duplex located?
    The property is located at 1121 N Anaheim Blvd Anaheim, CA.
    What is the asking price?
    The asking price for this property is $1,390,000.
    What are key features of this property?
    This property features: - Income potential with 3 tenants ready to rent for $5,000/month.; - Convert into two units with separate entrances or enjoy as a single-family home.; - Strategic location near major Anaheim hubs and resort/destination area.
    (949) 690-6290
    Request Owner's contact information
    1121 N Anaheim Blvd Anaheim, CA 92801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1121 N Anaheim Blvd
    Anaheim, CA 92801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1121 N Anaheim Blvd Anaheim, CA 92801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kalvin Tsui
    (949) 690-6290
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!