4-Unit Remodeled
For Sale
$1,650,000
939 N Clementine, Anaheim, CA 92805
Income-producing multifamily property with a varied unit mix and nearby park, schools, and retail.
Property Size2,894 SF
Days on Market75
Property Features for 939 N Clementine
General Information
Standard status
Active
Size
2,894 SF
Property subtype
Quadruplex
Units
Unit Mix
3 x 2BD/1BA, 1 x 1BD/1BA
Multifamily Units
4
Building Details
Building Size
2,894 SF
Year Built
1953
Listing Agency:
Lewis, John
Listed By:
John Lewis · License #01086063
(714) 600-7878
Source:
Altamirarealty
Added: Aug 6
Changed: Oct 16
Last Checked: Oct 16 at 4:14PM
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 Lewis, John
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Investment Insights
Based on property information with market context.
Built in 1953, this Anaheim quadplex contains four residential units with a mix of three 2BD/1BA apartments and one 1BD/1BA apartment. The property has been fully remodeled, providing updated housing accommodations within an established multi-unit format.
The property is positioned across from a park, with schools and retail nearby. Its four-unit configuration and documented unit mix support residential income use in a neighborhood setting.
The property is positioned across from a park, with schools and retail nearby. Its four-unit configuration and documented unit mix support residential income use in a neighborhood setting.
Key Highlights
- Four‑unit multifamily property in Anaheim
- Unit mix includes three 2BD/1BA and one 1BD/1BA
- Fully remodeled units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,841
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,036,820
$1.0M
Cap Rate 7%
$740,586
$740.6K
Cap Rate 9%
$576,011
$576.0K
Market Conditions
NOI Build-Up for 2,894 SF
Gross rent
$78.1K $27.00/SF
− Vacancy
−$4.1K −$1.41/SF
EGI
$74.1K $25.59/SF
− OpEx
−$22.2K −$7.68/SF
NOI
$51.8K $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%
$1,036,820
Cap Rate 7%
$740,586
Cap Rate 9%
$576,011
Alternative Uses
Best Use
Multifamily LT 5
$740.6K
$648.0K – $864.0K
NOI $51,841 @ 7.0% cap · market cap 3.14%
Second Best
Apartment 5plus
$644.6K
$564.1K – $752.1K
NOI $45,125 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$883.9K
$773.4K – $1.03M
NOI $61,871 @ 7.0% cap · market cap 3.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
859
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing multifamily property with a varied unit mix and nearby park, schools, and retail.
Where is this quadplex located?
The property is located at 939 N Clementine 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‑unit multifamily property in Anaheim; Unit mix includes three 2BD/1BA and one 1BD/1BA; Fully remodeled units
