16-Unit Apartment
For Sale
$4,999,000
935 S Trident Street, Anaheim, CA 92804
Two contiguous 8-unit buildings totaling 16 apartments, built in 1958, with on-site laundry, pool, and gated entry.
Property Size10,678 SF
Lot Size0.42 Acres
Days on Market151
Property Features for 935 S Trident Street
General Information
Standard status
Active
Size
10,678 SF
Total Parking Spaces
16
Lot size
0.42 Acres
Property subtype
Apartment
Additional Details
Cap Rate
5.23%
Highway Access
Yes
Multifamily Units
16
Amenities
swimming pool
on-site laundry rooms
gated entry
Building Details
Building Size
10,678 SF
Year Built
1958
Listing Agency:
Kirklen Investment Group
Listed By:
Jason Kirklen · License #01939655
Source:
Velocityrealtysd
Added: Jun 9
Changed: Oct 31
Last Checked: Nov 4 at 7:10PM
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 Kirklen Investment Group
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Investment Insights
Based on property information with market context.
South Trident Apartments is a 16-unit multifamily investment opportunity made up of two contiguous 8-unit buildings. Built in 1958, the property offers a unit mix of twelve one-bedroom/one-bathroom apartments and four two-bedroom/one-bathroom apartments.
The community includes a gated entry, on-site laundry rooms, a sparkling swimming pool, and 16 garage parking spaces, along with RUBS and pet income. The buildings and mature, well-maintained landscaping are presented as clean and maintained.
Located in West Anaheim, the property is described as being in close proximity to the I-5 Freeway, Disneyland Park and Resort, Knott’s Berry Farm, and the Ball Road retail corridor. Current rents are described as stabilized and at or near market rate, with a stated CAP rate of 5.23% and an indicated path to 6.37% at market rents.
The community includes a gated entry, on-site laundry rooms, a sparkling swimming pool, and 16 garage parking spaces, along with RUBS and pet income. The buildings and mature, well-maintained landscaping are presented as clean and maintained.
Located in West Anaheim, the property is described as being in close proximity to the I-5 Freeway, Disneyland Park and Resort, Knott’s Berry Farm, and the Ball Road retail corridor. Current rents are described as stabilized and at or near market rate, with a stated CAP rate of 5.23% and an indicated path to 6.37% at market rents.
Key Highlights
- South Trident Apartments is a 16‑unit multifamily property made up of two contiguous 8‑unit buildings.
- Built in 1958 on an 18,084 SF lot, with 12 one‑bedroom/one‑bath units and 4 two‑bedroom/one‑bath units.
- Amenity highlights include a swimming pool, on‑site laundry rooms, and gated entry.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,683
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,213,660
$3.2M
Cap Rate 7%
$2,295,471
$2.3M
Cap Rate 9%
$1,785,367
$1.8M
Market Conditions
NOI Build-Up for 10,678 SF
Gross rent
$307.5K $28.80/SF
− Vacancy
−$15.4K −$1.44/SF
EGI
$292.2K $27.36/SF
− OpEx
−$131.5K −$12.31/SF
NOI
$160.7K $15.05/SF
Area
ZIP 92804
Vacancy
5.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,213,660
Cap Rate 7%
$2,295,471
Cap Rate 9%
$1,785,367
Alternative Uses
Best Use
Apartment 5plus
$2.30M
$2.01M – $2.68M
NOI $160,683 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.34M
$2.92M – $3.90M
NOI $233,925 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
16
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 92804, CA
86,127
Population
25,451
Households
3.4
Avg Household Size
36
Median Age
23%
College-Educated
76%
High-School Grad
7.1 sq mi
ZIP Area
12,131
Density / Sq Mi
$74,588
Median Household Income
$36,945
Median Earnings
$1,990
Median Rent
$729,700
Median Home Value
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Market
Properties on Market for Apartment buildings in Anaheim
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two contiguous 8-unit buildings totaling 16 apartments, built in 1958, with on-site laundry, pool, and gated entry.
Where is this apartment building located?
The property is located at 935 S Trident Street Anaheim, CA.
What is the asking price?
The asking price for this property is $4,999,000.
What are key features of this property?
This property features: South Trident Apartments is a 16‑unit multifamily property made up of two contiguous 8‑unit buildings.; Built in 1958 on an 18,084 SF lot, with 12 one‑bedroom/one‑bath units and 4 two‑bedroom/one‑bath units.; Amenity highlights include a swimming pool, on‑site laundry rooms, and gated entry.
