Renovated Four-Unit
For Sale
$1,600,000
1781 W Ball Road W, Anaheim, CA 92804
Renovated units feature individual gas and electric metering.
Property Size3,107 SF
Price / SF$514.97
Days on Market10
Property Features for 1781 W Ball Road W
General Information
Standard status
Active
Size
3,107 SF
Total Parking Spaces
4
Property subtype
Quadruplex
Units
Unit Mix
2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
4
Amenities
patio
Building Details
Building Size
3,107 SF
Year Built
1957
Listing Agency:
TRT CAPITAL
(626) 331-4868
Listed By:
Regina Bory · License #01076278
Source:
Kottandco
Added: Aug 2
Changed: Aug 10
Last Checked: Aug 11 at 12:39PM
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 TRT CAPITAL
Investment Insights
Based on property information with market context.
This four-unit quadplex contains two two-bedroom, one-bath residences and two one-bedroom, one-bath residences. The units have been renovated, and each includes a single-car garage. Three downstairs residences also offer a small patio. Separate gas and electric meters serve each unit, providing individually measured utility service. The property was built in 1957 and totals 3,107 SF.
Located at 1781 W Ball Road W in Anaheim, the property is near shopping, restaurants, and a school. Long-term tenants are in place.
Located at 1781 W Ball Road W in Anaheim, the property is near shopping, restaurants, and a school. Long-term tenants are in place.
Key Highlights
- Four units with a mix of two 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath residences
- 3,107 SF quadplex built in 1957
- Renovated units, each with a single‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,957
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,039,140
$1.0M
Cap Rate 7%
$742,243
$742.2K
Cap Rate 9%
$577,300
$577.3K
Market Conditions
NOI Build-Up for 3,107 SF
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.
Gross rent
$78.3K $25.20/SF
− Vacancy
−$4.1K −$1.31/SF
EGI
$74.2K $23.89/SF
− OpEx
−$22.3K −$7.17/SF
NOI
$52.0K $16.72/SF
Area
ZIP 92804
Vacancy
5.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,039,140
Cap Rate 7%
$742,243
Cap Rate 9%
$577,300
Alternative Uses
Best Use
Multifamily LT 5
$742.2K
$649.5K – $866.0K
NOI $51,957 @ 7.0% cap · market cap 3.25%
Second Best
Apartment 5plus
$667.9K
$584.4K – $779.2K
NOI $46,754 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$972.4K
$850.8K – $1.13M
NOI $68,066 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,571
Businesses Nearby
Explore this area
Business Placement
Demographics for 92804, CA
86,127
Population
25,451
Households
3.4
Avg Household Size
36
Median Age
23%
College-Educated
76%
High-School Grad
7.1 sq mi
ZIP Area
12,131
Density / Sq Mi
$74,588
Median Household Income
$36,945
Median Earnings
$1,990
Median Rent
$729,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Renovated units feature individual gas and electric metering.
Where is this quadplex located?
The property is located at 1781 W Ball Road W Anaheim, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Four units with a mix of two 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath residences; 3,107 SF quadplex built in 1957; Renovated units, each with a single‑car garage
