Updated Quadplex with
New
For Sale
$1,775,000
2552 E Ter, Anaheim, CA 92806
Four upgraded residences offer varied layouts, private outdoor areas, and enclosed garage parking.
Property Size4,634 SF
Price / SF$383.04
Days on Market2
Property Features for 2552 E Ter
General Information
Standard status
Active
Size
4,634 SF
Property subtype
Investment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/2BA, 2 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units
4
Amenities
fireplace
balcony
enclosed patio
in-unit laundry hookups
Building Details
Building Size
4,634 SF
Year Built
1969
Buildings
1
Stories
2
Units
4
Listing Agency:
Keller Williams Realty N. Tustin
Listed By:
Chad Langseth · License #00993554
(714) 584-2700
Source:
Elliman
Added: Sep 4
Last Checked: Sep 4 at 3:03PM
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 Keller Williams Realty N. Tustin
Investment Insights
Based on property information with market context.
This four-unit residential income property contains approximately 4,634 square feet and was built in 1969. The unit mix includes one three-bedroom, two-bath residence with a fireplace, vaulted living room ceilings, a large patio, and two one-car garages; two two-bedroom, two-bath units with balconies; and one two-bedroom, one-bath townhouse-style unit with an enclosed patio. Recent improvements include central heating and air conditioning, new windows, electrical panels, a garage door, and vinyl fencing.
Three residences have in-unit laundry hookups, while a separate room may accommodate additional laundry hookups. Each unit has an enclosed garage. The property is located at 2552 E Ter in Anaheim, with access to the 57 and 91 freeways and proximity to shopping, restaurants, Disneyland, Angel Stadium, and the Honda Center. It also borders Fullerton.
Three residences have in-unit laundry hookups, while a separate room may accommodate additional laundry hookups. Each unit has an enclosed garage. The property is located at 2552 E Ter in Anaheim, with access to the 57 and 91 freeways and proximity to shopping, restaurants, Disneyland, Angel Stadium, and the Honda Center. It also borders Fullerton.
Key Highlights
- Approximately 4,634 sq. ft. quadplex built in 1969
- Unit mix includes one 3‑bedroom, 2‑bath unit, two 2‑bedroom, 2‑bath units, and one 2‑bedroom, 1‑bath unit
- Recent upgrades include central heat and AC, new windows, electrical panels, garage door, and vinyl fencing
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
$79,924
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
4.50%
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%
$1,598,480
$1.6M
Cap Rate 7%
$1,141,771
$1.1M
Cap Rate 9%
$888,044
$888.0K
Market Conditions
NOI Build-Up for 4,634 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
$119.6K $25.80/SF
− Vacancy
−$5.4K −$1.16/SF
EGI
$114.2K $24.64/SF
− OpEx
−$34.3K −$7.39/SF
NOI
$79.9K $17.25/SF
Area
ZIP 92806
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 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%
$1,598,480
Cap Rate 7%
$1,141,771
Cap Rate 9%
$888,044
Alternative Uses
Best Use
Multifamily LT 5
$1.14M
$999.1K – $1.33M
NOI $79,924 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$1.06M
$928.5K – $1.24M
NOI $74,283 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $103,965 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,271
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four upgraded residences offer varied layouts, private outdoor areas, and enclosed garage parking.
Where is this quadplex located?
The property is located at 2552 E Ter Anaheim, CA.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: Approximately 4,634 sq. ft. quadplex built in 1969; Unit mix includes one 3‑bedroom, 2‑bath unit, two 2‑bedroom, 2‑bath units, and one 2‑bedroom, 1‑bath unit; Recent upgrades include central heat and AC, new windows, electrical panels, garage door, and vinyl fencing
