2163 Brownwood Ave Anaheim, CA 92801-5733
Property profile & analytics
2163 Brownwood Ave Anaheim, CA 92801-5733
- Apartment buildings
- 5,222 SF
- 0.17 lot acres
Property ID
US09-1408402
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 2163 Brownwood Ave
- Year built
- 1964
- Lot size
- 0.17 lot acres
- Property size
- 5,222 SF
- Property type
- Apartment buildings
- APN
- 072-621-14
- APU
- 7262114
Description
This well-maintained, two-story apartment building in Anaheim, CA presents a compelling investment opportunity. Boasting four units, totaling 4,176 square feet, this 1964-built property sits on a 0.169-acre lot and offers nine parking spaces, including five garages (one rented separately for $75/month). The building features a new 400-amp electrical panel and a recently replaced sewer line. Two units have undergone recent renovations, showcasing quartz countertops, shaker-style kitchen cabinets, luxury vinyl plank flooring, fresh paint, and new carpeting. All four units are two-bedroom apartments, with varying bathroom configurations (two 2 bed/2 bath, two 2 bed/1.5 bath, and one 2 bed/1.25 bath). Each unit offers a spacious floor plan. On-site laundry adds convenience. The property benefits from its prime location, within two blocks of Home Depot and other businesses, and close to schools, shopping, and easy freeway access. The strong financial performance is highlighted by a 4.74% cap rate and a net operating income (NOI) of $72,318, making this a solid investment with significant potential for future growth. Recent upgrades include fresh paint and a new water heater. The asking price is $1,490,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,265,000
- ML approach
- $1,305,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,350,000
- 6.5%
- $1,245,000
- 7%
- $1,155,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,617,000
Market price range: $1.08M - $1.93M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,410,000 Current use
- RETAIL STORES
- $1,985,000 Change: +40% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,750,000 Change: +24% Conversion: Moderate
- WAREHOUSE, STORAGE
- $1,670,000 Change: +18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Anaheim
- County
- Orange
- State
- California
- Longitude
- -117.958
- Latitude
- 33.8373
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$14,547
$957,476
$268,048
$1,225,524
-
$0.00
$0.00
$0.00
