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4-Unit Apartment Property
For Sale
$1,735,000

2552 E Terrace, Anaheim, CA 92806

Anaheim, CA

Property Size4,634 SF
Lot Size0.19 Acres
Price / SF$374.41
Days on Market50

Property Features for 2552 E Terrace

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 9
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 8, Bathroom 6, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 9, Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 7, Bedroom 7, Bedroom 5, Bedroom 2, Laundry Room, Bathroom 8, Bedroom 1, Bathroom 5, Bathroom 2
Parking 5
Parking features Garage
Window features Double Pane Windows
Fireplace 1
Subdivision Other (OTHR)
Lot features Level with Street, Lot 6500-9999, Level
Directions Miraloma West to Miraloma Way, to Terrace
Standard status Active
APN 34402307
Lot size 0.19 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

on-site laundry

Building Details

Year built 1969
Floors in Building 2
Number of units 4
Roof type Composition
Listing Agency: NextHome Pacific Estates · Keller Williams Realty
Listed By: Chad Langseth · License #00993554
Added: Sep 3 Changed: Oct 22 Last Checked: Oct 22 at 4:06AM
MLS# PW26192951

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 4,634-square-foot, four-unit residential property was built in 1969 on a 0.19-acre parcel. The unit mix comprises one three-bedroom, two-bath residence with vaulted living-room ceilings, a fireplace, and a large patio; two two-bedroom, two-bath units with balconies; and one two-bedroom, one-bath townhouse-style unit with an enclosed patio. Garage parking serves the units, and laundry hookups are available in three units, with an additional on-site laundry room. Heating is forced air and cooling is central air.

The property has access to the 57 and 91 freeways. Disneyland, Angel Stadium, the Honda Center, shopping, and restaurants are nearby, and the parcel borders Fullerton.

Key Highlights

  • Four units totaling approximately 4,634 square feet on a 0.19‑acre parcel
  • Unit mix: one 3‑bedroom, 2‑bath; two 2‑bedroom, 2‑bath; one 2‑bedroom, 1‑bath
  • Three‑bedroom unit includes vaulted living‑room ceilings, a fireplace, and a large patio

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 (±1% cap)
NOI $79,924 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$1.06M
$928.5K – $1.24M (±1% cap)
NOI $74,283 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M (±1% cap)
NOI $103,965 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,271
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Unit mix includes a three-bedroom residence, three two-bedroom units, garages, and laundry facilities.
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: Four units totaling approximately 4,634 square feet on a 0.19‑acre parcel; Unit mix: one 3‑bedroom, 2‑bath; two 2‑bedroom, 2‑bath; one 2‑bedroom, 1‑bath; Three‑bedroom unit includes vaulted living‑room ceilings, a fireplace, and a large patio
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