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Multifamily Property with Garages

323 N Rose Street 6, Anaheim, CA 92805

For Sale
$1,850,000

Apartments feature enclosed garage access, gated front and rear areas, and a shared laundry room currently out of service.

Property Size4,104 SF
Price / SF$450.78
Days on Market10

Property Features for 323 N Rose Street 6

General Information

Standard status Active
Size 4,104 SF
Total Parking Spaces 6
Property subtype Residential Income
Zoning R3

Additional Details

Tenant in Place Yes

Amenities

gated
laundry room
Laminate,Tile
1
true
1 Common Wall
2
Balcony
Average Condition
Front Yard
false
Public
6970
12
0.16
Assessor
Assigned
Awning(s)
Alley,City Street
4104
6
7

Building Details

Building Size 4,104 SF
Year Built 1957
Stories 2
Listing Agency: Real Estate Source
Listed By: Luis Crescitelli · License CA #01005205
Source: Remaxaegisca
Added: Nov 1 Changed: Nov 9 Last Checked: Nov 9 at 7:17AM

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 Real Estate Source

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Investment Insights

Based on property information with market context.

Built in 1957, this 4,104-square-foot multifamily property has large apartments, six enclosed garages, and an interior patio area. Tile flooring is found in the downstairs apartments, while the upstairs units have laminate wood floors. Some windows have been replaced with double-pane units. A laundry room is present but is not currently in use.

The property is at 323 N Rose Street in Anaheim, California. Front and rear access areas are gated, and synthetic grass is installed at the front.

Key Highlights

  • 4,104‑square‑foot multifamily property built in 1957
  • Six enclosed garages; apartments are described as having garage access
  • Gated areas at the front and rear of the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,992
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,279,840 $1.3M
Cap Rate 7%
$914,171 $914.2K
Cap Rate 9%
$711,022 $711.0K
Market Conditions
NOI Build-Up for 4,104 SF
Gross rent
$123.1K $30.00/SF
− Vacancy
−$6.8K −$1.65/SF
EGI
$116.3K $28.35/SF
− OpEx
−$52.4K −$12.76/SF
NOI
$64.0K $15.59/SF
Area
ZIP 92805
Vacancy
5.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,279,840
Cap Rate 7%
$914,171
Cap Rate 9%
$711,022

Alternative Uses

Best Use
Apartment 5plus
$914.2K
$799.9K – $1.07M (±1% cap)
NOI $63,992 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M (±1% cap)
NOI $87,740 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

1,204
Businesses Nearby

Demographics for 92805, CA

74,633
Population
23,195
Households
3.2
Avg Household Size
33
Median Age
26%
College-Educated
71%
High-School Grad
6.2 sq mi
ZIP Area
12,038
Density / Sq Mi
$85,623
Median Household Income
$38,180
Median Earnings
$2,045
Median Rent
$667,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Multifamily properties in Anaheim, CA

$274 Jul
$366 Aug
$334 Sep
$393 Oct

Properties on Market for Multifamily properties in Anaheim

Jul
Aug
Sep
Oct

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?
Multifamily property - Apartments feature enclosed garage access, gated front and rear areas, and a shared laundry room currently out of service.
Where is this multifamily property located?
The property is located at 323 N Rose Street 6 Anaheim, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 4,104‑square‑foot multifamily property built in 1957; Six enclosed garages; apartments are described as having garage access; Gated areas at the front and rear of the property
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