Duplex with Detached
735 N Philadelphia, Anaheim, CA 92805
For Sale
$1,275,000
Two remodeled homes are fully leased, with separate electric and gas meters serving the property.
Property Size2,094 SF
Lot Size0.18 Acres
Price / SF$608.88
Days on Market119
Property Features for 735 N Philadelphia
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Gross Income
Utilities to Site
Tenant in Place
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Side
Listed By:
True Inmobiliaria
(714) 913-7428
Source:
Trueinmobiliaria
Added: Jul 15
Changed: Nov 8
Last Checked: Nov 8 at 9:12PM
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 Side
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Anaheim duplex comprises two detached homes, both remodeled and currently leased. Building area is listed as 2,094, and the property occupies a 7,841-square-foot lot. Improvements include updated plumbing, a replacement roof and windows, exterior paint, and new hardscape. Utility service includes three electric meters, two gas meters, and one water meter. A detached two-car garage is complemented by additional parking accessed from the alley.
Architectural plans and supporting documents for an accessory dwelling unit conversion have been prepared for submission to the City. Any plans, permits, and development requirements require buyer verification. The property was built in 1965.
Architectural plans and supporting documents for an accessory dwelling unit conversion have been prepared for submission to the City. Any plans, permits, and development requirements require buyer verification. The property was built in 1965.
Key Highlights
- Two detached, remodeled homes; both are leased
- 7,841‑square‑foot lot with 2,094 listed as the property size
- Detached two‑car garage plus alley‑access parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,511
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,220
$750.2K
Cap Rate 7%
$535,871
$535.9K
Cap Rate 9%
$416,789
$416.8K
Market Conditions
NOI Build-Up for 2,094 SF
Gross rent
$56.5K $27.00/SF
− Vacancy
−$3.0K −$1.41/SF
EGI
$53.6K $25.59/SF
− OpEx
−$16.1K −$7.68/SF
NOI
$37.5K $17.91/SF
Area
ZIP 92805
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,220
Cap Rate 7%
$535,871
Cap Rate 9%
$416,789
Alternative Uses
Best Use
Multifamily LT 5
$535.9K
$468.9K – $625.2K
NOI $37,511 @ 7.0% cap · market cap 2.94%
Second Best
Apartment 5plus
$466.4K
$408.1K – $544.2K
NOI $32,651 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$639.5K
$559.6K – $746.1K
NOI $44,768 @ 7.0% cap · market cap 3.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,380
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
$667,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Orange County, CA
Properties on Market for Duplexes in Orange County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two remodeled homes are fully leased, with separate electric and gas meters serving the property.
Where is this duplex located?
The property is located at 735 N Philadelphia Anaheim, CA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Two detached, remodeled homes; both are leased; 7,841‑square‑foot lot with 2,094 listed as the property size; Detached two‑car garage plus alley‑access parking
