Quadplex with Private Courtyard
For Sale
$1,650,000
520 N Olive, Anaheim, CA 92805
Front house plus three units with private courtyard laundry and four garages, built in 1962 and reportedly 100% occupied.
Days on Market200
Property Features for 520 N Olive
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Apartment
Occupancy
100%
Amenities
washer/dryer hookups
laundry room
private courtyard
Building Details
Building Size
4,055 SF
Year Built
1962
Tenancy
Multi
Listing Agency:
Pacific Sotheby's Int'l Realty
Listed By:
Michael Thornton · License #01236638
Source:
Altamirarealty
Added: Jan 15
Changed: Jul 30
Last Checked: Aug 2 at 12:13PM
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 Pacific Sotheby's Int'l Realty
Investment Insights
Based on property information with market context.
This quadplex configuration features a four-bedroom front house plus three additional units. The property is described as well maintained with several upgrades and is reportedly 100% occupied.
Laundry is supported in two ways: washer and dryer hookups are available for the front house, and there is also a separate laundry room in a private courtyard with an owned washer and dryer, creating an additional income opportunity per the remarks. Off-street parking is supported by four garages.
Located in the Colony neighborhood area of Anaheim at 520 N Olive, the property was built in 1962.
Laundry is supported in two ways: washer and dryer hookups are available for the front house, and there is also a separate laundry room in a private courtyard with an owned washer and dryer, creating an additional income opportunity per the remarks. Off-street parking is supported by four garages.
Located in the Colony neighborhood area of Anaheim at 520 N Olive, the property was built in 1962.
Key Highlights
- Four‑bedroom front house plus three additional units
- Reportedly 100% occupied
- Private courtyard laundry room with owned washer and dryer
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 | $109.5k | $27.00 |
| − Vacancy | −$5.7k | −$1.41 |
| EGI | $103.8k | $25.59 |
| − OpEx | −$31.1k | −$7.68 |
| NOI | $72.6k | $17.91 |
4,055 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$908.0K – $1.21M
NOI $72,639 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$903.3K
$790.4K – $1.05M
NOI $63,228 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,693 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,660
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Front house plus three units with private courtyard laundry and four garages, built in 1962 and reportedly 100% occupied.
Where is this quadplex located?
The property is located at 520 N Olive Anaheim, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Four‑bedroom front house plus three additional units; Reportedly 100% occupied; Private courtyard laundry room with owned washer and dryer
