2119 Westport Dr Anaheim, CA 92806-4130
This exceptional 7-unit apartment building presents a compelling investment opportunity in Anaheim, CA. Located at 2119 East Westport Drive, this two-story property boasts 4,399 square feet on a 0.2-acre lot (APN: 083-441-07). Built in 1959, the property features a mix of one and two-bedroom units, many recently renovated with new flooring, kitchens, and bathrooms. Significant capital improvements include a new roof, dual-pane windows, and upgraded air conditioning throughout. Residents enjoy on-site laundry and ample garage parking. The property's prime location offers convenient access to Anaheim Town Square, featuring Target and Northgate Market, and is within close proximity to Disneyland, Angel Stadium, and the Honda Center. Its strategic location near State Routes 57 and 91 provides easy access to major employment centers throughout Southern California. The property's strong performance is reflected in its current NOI of $96,362 and a pro-forma NOI of $128,605, yielding a 4.62% cap rate and a pro-forma cap rate of 6.16%. The asking price is $2,088,000, translating to $474.65 per square foot and $298,285.71 per unit. This represents a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a thriving Anaheim submarket characterized by strong occupancy rates and rent growth. Drive-by only
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.