4-Unit Multifamily Property with
New
For Sale
$1,550,000
2127 East Almont Avenue, Anaheim, CA 92806
Four rental units with on-site laundry, a shared courtyard, and six garage parking spaces with partially separated utilities.
Property Size3,891 SF
Price / SF$398.36
Days on Market6
Property Features for 2127 East Almont Avenue
General Information
Standard status
Active
Size
3,891 SF
Total Parking Spaces
6
Property subtype
Residential Income
Additional Details
Utilities to Site
Yes
Amenities
on-site laundry facility
courtyard
Building Details
Year Built
1964
Year Renovated
2026
Tenancy
Multi
Listing Agency:
Marcus & Millichap RE Invest
(949) 419-3200
Listed By:
Christian Tait · License #02111248
(949) 419-3200
Source:
Compass
Added: Jul 26
Changed: Jul 31
Last Checked: Jul 31 at 1:49AM
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 RE Invest
Investment Insights
Based on property information with market context.
2127 East Almont Avenue is a 4-unit multifamily property built in 1964 in Southeast Anaheim. The unit mix includes two 1-bed/1-bath units, one 2-bed/1-bath unit, and one 3-bed/2-bath unit. The property has three 2-car garages, providing six garage parking spaces, plus an on-site laundry facility that is currently being used for storage. A spacious courtyard is shared with the adjacent 4-unit property at 2133 East Almont Avenue.
Recent capital improvements include roof replacements completed in 2021/2022, a new sewer line installed in 2017, and the renovation of Unit 2127 C in 2026. Utilities are partially separated, with electricity, gas, and trash billed separately, while water and sewer remain master metered.
The adjacent 4-unit property at 2133 East Almont Avenue is also available for purchase, and buyers may acquire either property individually or both together for a combined 8 units across a 0.42-acre site.
Recent capital improvements include roof replacements completed in 2021/2022, a new sewer line installed in 2017, and the renovation of Unit 2127 C in 2026. Utilities are partially separated, with electricity, gas, and trash billed separately, while water and sewer remain master metered.
The adjacent 4-unit property at 2133 East Almont Avenue is also available for purchase, and buyers may acquire either property individually or both together for a combined 8 units across a 0.42-acre site.
Key Highlights
- 4 units with two 1‑bed/1‑bath, one 2‑bed/1‑bath, and one 3‑bed/2‑bath unit
- Built in 1964
- Three 2‑car garages providing six garage parking spaces
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.4k | $25.80 |
| − Vacancy | −$4.5k | −$1.16 |
| EGI | $95.9k | $24.64 |
| − OpEx | −$28.8k | −$7.39 |
| NOI | $67.1k | $17.25 |
3,891 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$958.7K
$838.9K – $1.12M
NOI $67,109 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$891.0K
$779.7K – $1.04M
NOI $62,373 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$1.25M
$1.09M – $1.45M
NOI $87,295 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four rental units with on-site laundry, a shared courtyard, and six garage parking spaces with partially separated utilities.
Where is this quadplex located?
The property is located at 2127 East Almont Avenue Anaheim, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 4 units with two 1‑bed/1‑bath, one 2‑bed/1‑bath, and one 3‑bed/2‑bath unit; Built in 1964; Three 2‑car garages providing six garage parking spaces
