Anaheim Multifamily Investment
1804 W Glen Ave, Anaheim, CA 92801
For Sale
Contact for pricing
Four-unit multifamily property in a convenient Anaheim location.
Property Size3,470 SF
Price / SF$439.48
Days on Market240
Property Features for 1804 W Glen Ave
General Information
Standard status
Size
Property subtype
Net Operating Income
Building Details
Year Built
Buildings
Stories
Units
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
Tyler Leeson · License CA #01451551
(949) 419-3326
Source:
Crexi
Added: Mar 16
Changed: Aug 8
Last Checked: Aug 8 at 2:32PM
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.
This four-unit multifamily property, constructed in 1962, is located at 1804 West Glen Avenue in Anaheim, California. The property features a 100% single-story layout, with four two-bedroom/two-bathroom units. Each residence includes a private outdoor patio. The property also offers five single-car garages, providing secure off-street parking for residents. The location is within walking distance of Servite High School and Anaheim Regional Medical Center. Anaheim Plaza, featuring major national retailers including Walmart and Ulta Beauty, is located less than one mile from the property. Residents have quick access to both Interstate 5 and State Route 91, allowing convenient commutes throughout Orange County as well as neighboring employment centers in Los Angeles and Riverside Counties. The property size is 3470 square feet.
Key Highlights
- Four 2‑bedroom/2‑bathroom units in a 100% single‑story layout, appealing to long‑term tenants and reducing maintenance.
- Convenient Anaheim location near Servite High School and Anaheim Regional Medical Center, ensuring consistent rental demand.
- Private outdoor patios for each unit, enhancing tenant appeal with functional outdoor living space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,848
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,196,960
$1.2M
Cap Rate 7%
$854,971
$855.0K
Cap Rate 9%
$664,978
$665.0K
Market Conditions
NOI Build-Up for 3,470 SF
Gross rent
$89.5K $25.80/SF
− Vacancy
−$4.0K −$1.16/SF
EGI
$85.5K $24.64/SF
− OpEx
−$25.6K −$7.39/SF
NOI
$59.8K $17.25/SF
Area
ZIP 92801
Vacancy
4.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,196,960
Cap Rate 7%
$854,971
Cap Rate 9%
$664,978
Alternative Uses
Best Use
Multifamily LT 5
$855.0K
$748.1K – $997.5K
NOI $59,848 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$767.9K
$671.9K – $895.9K
NOI $53,753 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$1.11M
$967.2K – $1.29M
NOI $77,375 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,689
Businesses Nearby
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Business Placement
Demographics for 92801, CA
63,163
Population
19,519
Households
3.2
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
6.3 sq mi
ZIP Area
10,026
Density / Sq Mi
$78,477
Median Household Income
$37,516
Median Earnings
$1,977
Median Rent
$632,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Quadplexes in Anaheim
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily property in a convenient Anaheim location.
Where is this quadplex located?
The property is located at 1804 W Glen Ave Anaheim, CA.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Four 2‑bedroom/2‑bathroom units in a 100% single‑story layout, appealing to long‑term tenants and reducing maintenance.; Convenient Anaheim location near Servite High School and Anaheim Regional Medical Center, ensuring consistent rental demand.; Private outdoor patios for each unit, enhancing tenant appeal with functional outdoor living space.
