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56-Unit Apartment Community
For Sale
$17,750,000
Pending

1251 N Placentia Avenue, Anaheim, CA 92806

Garden-style buildings offer updated interiors, resident amenities, and a one- and two-bedroom floorplan mix.

Property SizeContact for details
Lot Size1.95 Acres
Days on Market31

Property Features for 1251 N Placentia Avenue

General Information

Standard status Pending
Lot size 1.95 Acres
Property subtype Commercial

Additional Details

Multifamily Units 56

Amenities

landscaped courtyard
pool and spa
BBQ area
on-site laundry

Building Details

Year Built 1973
Buildings 3
Stories 2
Construction garden-style
Listing Agency: CB Richard Ellis, Inc
Listed By: Daniel Blackwell (dan.blackwell@cbre.com)
Source: Valleyland
Added: Aug 2 Changed: Aug 30 Last Checked: Aug 30 at 11:47PM

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 CB Richard Ellis, Inc

Investment Insights

Based on property information with market context.

The property comprises 56 apartment units across three two-story, garden-style buildings on 1.95 acres. The unit mix includes one- and two-bedroom floorplans, with interiors updated through quartz countertops, modern cabinetry, vinyl windows, and refreshed flooring. Individual residences include air conditioning, gas heating, and cable pre-wiring.

Resident amenities include a landscaped courtyard, pool and spa, BBQ area, and on-site laundry. Recent capital work includes electrical upgrades and roof improvements. The community is located near State College Blvd. and N. Placentia Ave. in Anaheim, with access to surrounding employment and retail corridors. In-place RUBS and ADU potential are also identified for the property.

Key Highlights

  • 56 units across three two‑story buildings on 1.95 acres
  • One- and two‑bedroom apartment floorplans
  • Landscaped courtyard, pool and spa, BBQ area, and on‑site laundry

Property Analytics

Current Use

English Los Angeles Language School

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Butcher Pet Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

56
Residential units

Location Intelligence

Trade Area within ½ mile

1,106
Businesses Nearby

Demographics for 92806, CA

40,649
Population
13,144
Households
3.1
Avg Household Size
35
Median Age
26%
College-Educated
79%
High-School Grad
7.7 sq mi
ZIP Area
5,279
Density / Sq Mi
$95,112
Median Household Income
$44,212
Median Earnings
$2,234
Median Rent
$791,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Garden-style buildings offer updated interiors, resident amenities, and a one- and two-bedroom floorplan mix.
Where is this apartment building located?
The property is located at 1251 N Placentia Avenue Anaheim, CA.
What is the asking price?
The asking price for this property is $17,750,000.
What are key features of this property?
This property features: 56 units across three two‑story buildings on 1.95 acres; One- and two‑bedroom apartment floorplans; Landscaped courtyard, pool and spa, BBQ area, and on‑site laundry
More about this property
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