6-Unit Apartment
For Sale
$1,748,000
715 N Anna Drive, Anaheim, CA 92627
A varied one- and two-bedroom layout is paired with garage parking and recent building-system upgrades.
Property Size3,892 SF
Price / SF$449.13
Days on Market24
Property Features for 715 N Anna Drive
General Information
Standard status
Active
Size
3,892 SF
Total Parking Spaces
6
Property subtype
Residential Income
Units
Unit Mix
4 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
6
Additional Details
Cap Rate
7%
Building Details
Building Size
3,892 SF
Year Built
1960
Buildings
1
Stories
2
Units
6
Listed By:
Sonny Bautista
(951) 288-9739
Source:
Csbrealty
Added: Oct 1
Changed: Oct 23
Last Checked: Oct 23 at 10:07AM
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 Sonny Bautista
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Investment Insights
Based on property information with market context.
This Anaheim apartment property contains six residences: four two-bedroom, one-bath units and two one-bedroom, one-bath units. The 3,892-square-foot building was constructed in 1960 and includes three two-car garages. Recent work includes a replacement roof and updates to the plumbing and electrical systems, along with designer-finished interiors.
The property is located at 715 N Anna Drive in Anaheim, California. Its unit mix and garage configuration are complemented by an actual 7.00% cap rate.
The property is located at 715 N Anna Drive in Anaheim, California. Its unit mix and garage configuration are complemented by an actual 7.00% cap rate.
Key Highlights
- Six units: four 2‑bedroom, 1‑bath residences and two 1‑bedroom, 1‑bath residences
- Three two‑car garages
- 3,892 square feet; built in 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,804
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,296,080
$1.3M
Cap Rate 7%
$925,771
$925.8K
Cap Rate 9%
$720,044
$720.0K
Market Conditions
NOI Build-Up for 3,892 SF
Gross rent
$123.8K $31.80/SF
− Vacancy
−$5.9K −$1.53/SF
EGI
$117.8K $30.27/SF
− OpEx
−$53.0K −$13.62/SF
NOI
$64.8K $16.65/SF
Area
Anaheim, CA
Vacancy
4.80%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,296,080
Cap Rate 7%
$925,771
Cap Rate 9%
$720,044
Alternative Uses
Best Use
Apartment 5plus
$925.8K
$810.1K – $1.08M
NOI $64,804 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,966 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,231
Businesses Nearby
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Business Placement
Demographics for 92627, CA
61,764
Population
23,286
Households
2.7
Avg Household Size
36
Median Age
42%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
9,651
Density / Sq Mi
$105,039
Median Household Income
$49,236
Median Earnings
$2,299
Median Rent
$1,074,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - A varied one- and two-bedroom layout is paired with garage parking and recent building-system upgrades.
Where is this apartment building located?
The property is located at 715 N Anna Drive Anaheim, CA.
What is the asking price?
The asking price for this property is $1,748,000.
What are key features of this property?
This property features: Six units: four 2‑bedroom, 1‑bath residences and two 1‑bedroom, 1‑bath residences; Three two‑car garages; 3,892 square feet; built in 1960
