2119 Westport Dr Anaheim, CA 92806-4130
- Apartment buildings
- 4,399 SF
- 0.20 lot acres
Dec 27, 2024
Current Use by Public Records
- Apartment buildings
Property Details for 2119 Westport Dr
- Year built
- 1959
- Lot size
- 0.20 lot acres
- Property size
- 4,399 SF
- Property type
- Apartment buildings
- APN
- 083-441-07
- APU
- 8344107
Description
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
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anaheim
- County
- Orange
- State
- California
- Longitude
- -117.887
- Latitude
- 33.8371
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
