450 Ranch View CirAnaheim, CA 92807

Property Details for 450 Ranch View Cir

Year built

2009

Property size (Sq ft)

3,402 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 3-unit apartment building presents a compelling investment opportunity in Anaheim Hills, CA. Built in 2009, this Class B property boasts a total of 3,402 square feet, situated on a 2-story structure. The property comprises three distinct units: a one-bedroom, one-bathroom unit (approx. 990 sq ft), a three-bedroom, two-bathroom unit (approx. 1272 sq ft), and a two-bedroom, 2.5-bathroom townhouse-style unit (approx. 1140 sq ft). Each unit features its own patio/balcony and in-unit washer/dryer hookups. Two units offer adjacent covered carport parking with storage. The townhouse unit includes an attached two-car garage. All units are currently occupied on a month-to-month basis, providing immediate cash flow. The property is zoned RM-4 and is conveniently located near shopping centers, including Canyon Plaza, and award-winning schools (Imperial Elementary, El Rancho Charter, and Canyon High). This offering is ideal for a 1031 exchange. The property was rebuilt after a 2008 fire, with the assistance of HOA insurance. Prospective buyers should conduct their own due diligence regarding square footage and property condition. Offers should be submitted subject to interior inspection, along with supporting documentation (RPA, approval letter, and proof of funds). Do not disturb tenants. Buyer assumes responsibility for existing tenants. Seller is motivated.

Location Insight

City

Anaheim

County

Orange

State

California

Latitude

33.8461

Longitude

-117.774

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