Updated Quadplex with
For Sale
$1,735,000
2552 E Terrace, Anaheim, CA 92806
Four upgraded residences offer varied layouts, private outdoor areas, and enclosed garage parking.
Property Size4,634 SF
Price / SF$374.41
Days on Market50
Property Features for 2552 E Terrace
General Information
Standard status
Active
Size
4,634 SF
Property subtype
Quadruplex
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
Listing Agency:
NextHome Pacific Estates
Listed By:
Chad Langseth · License #00993554
(714) 524-2000
Source:
Altamirarealty
Added: Sep 3
Changed: Oct 8
Last Checked: Oct 21 at 5:24AM
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 NextHome Pacific Estates
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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 / Yr
$79,924
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
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
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 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 4.61%
Second Best
Apartment 5plus
$1.06M
$928.5K – $1.24M
NOI $74,283 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $103,965 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,271
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
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 Terrace Anaheim, CA.
What is the asking price?
The asking price for this property is $1,735,000.
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
