Multifamily Portfolio with Private
For Sale
$12,890,000
1608 S Hampstead St, Anaheim, CA 92802
Concentrated multifamily holdings with varied unit layouts, on-site laundry, and covered parking across a master-planned Anaheim community.
Property Size36,986 SF
Days on Market61
Property Features for 1608 S Hampstead St
General Information
Standard status
Active
Size
36,986 SF
Property subtype
Multifamily
Amenities
Portfolio Scope: A 7-property, 38-unit multifamily investment totaling approximately 36,986 building square feet.
Diverse Unit Mix: Features 4 one-bedroom, 24 two-bedroom, and 10 three-bedroom units (built 1958–1964).
Operational Efficiency: Concentrated in the Hermosa Village community, offering streamlined management and scale.
Property Amenities: Each building includes on-site laundry facilities, and 10 units feature private patios.
Ample Parking: Offers 42 combined parking spaces, including 16 carports and 26 garages.
Prime Walkability: Located within walking distance to Anaheim's largest employment center: Disneyland Resort and Downtown Disney.
Entertainment Hub: Minutes from prominent destinations like the Anaheim Convention Center, Angel Stadium, and Honda Center.
Strategic Transit Access: Convenient access to Interstate 5, connecting residents to jobs, retail, and dining throughout Orange County.
Building Details
Building Size
36,986 SF
Units
38
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
Christian Tait · License #License(s): CA: 02111248
(949) 419-3282
Source:
Marcusmillichap
Added: Aug 21
Changed: Oct 16
Last Checked: Oct 19 at 3:12AM
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 Marcus & Millichap - Orange County
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Investment Insights
Based on property information with market context.
The Hermosa Village Portfolio comprises 7 multifamily properties with 38 units and approximately 36,986 building square feet. The unit mix includes 4 one-bedroom units, 24 two-bedroom units, and 10 three-bedroom units. Buildings were constructed between 1958 and 1964, and each property includes an on-site laundry facility. Ten units offer private patios, while parking consists of 16 carport spaces and 26 garage spaces.
The properties are located within Anaheim’s Hermosa Village community, near schools, parks, neighborhood retail, restaurants, and major commercial corridors. Disneyland Resort and Downtown Disney are within walking distance. The portfolio is also near Anaheim GardenWalk, the Anaheim Convention Center, Angel Stadium, and Honda Center, with access to Interstate 5 connecting to destinations throughout Orange County and surrounding cities.
The properties are located within Anaheim’s Hermosa Village community, near schools, parks, neighborhood retail, restaurants, and major commercial corridors. Disneyland Resort and Downtown Disney are within walking distance. The portfolio is also near Anaheim GardenWalk, the Anaheim Convention Center, Angel Stadium, and Honda Center, with access to Interstate 5 connecting to destinations throughout Orange County and surrounding cities.
Key Highlights
- 7‑property multifamily portfolio with 38 units
- Unit mix includes 4 one‑bedroom, 24 two‑bedroom, and 10 three‑bedroom units
- Approximately 36,986 building square feet across buildings constructed between 1958 and 1964
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$593,218
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,864,360
$11.9M
Cap Rate 7%
$8,474,543
$8.5M
Cap Rate 9%
$6,591,311
$6.6M
Market Conditions
NOI Build-Up for 36,986 SF
Gross rent
$1.13M $30.60/SF
− Vacancy
−$53.2K −$1.44/SF
EGI
$1.08M $29.16/SF
− OpEx
−$485.4K −$13.12/SF
NOI
$593.2K $16.04/SF
Area
ZIP 92802
Vacancy
4.70%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,864,360
Cap Rate 7%
$8,474,543
Cap Rate 9%
$6,591,311
Alternative Uses
Best Use
Apartment 5plus
$8.47M
$7.42M – $9.89M
NOI $593,218 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.20M
$9.80M – $13.07M
NOI $784,251 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
881
Businesses Nearby
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Business Placement
Demographics for 92802, CA
41,914
Population
12,724
Households
3.3
Avg Household Size
35
Median Age
20%
College-Educated
69%
High-School Grad
4.6 sq mi
ZIP Area
9,112
Density / Sq Mi
$83,621
Median Household Income
$36,788
Median Earnings
$1,985
Median Rent
$721,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Concentrated multifamily holdings with varied unit layouts, on-site laundry, and covered parking across a master-planned Anaheim community.
Where is this apartment building located?
The property is located at 1608 S Hampstead St Anaheim, CA.
What is the asking price?
The asking price for this property is $12,890,000.
What are key features of this property?
This property features: 7‑property multifamily portfolio with 38 units; Unit mix includes 4 one‑bedroom, 24 two‑bedroom, and 10 three‑bedroom units; Approximately 36,986 building square feet across buildings constructed between 1958 and 1964
