601 Pauline St Anaheim, CA 92805-2845
Property profile & analytics
601 Pauline St Anaheim, CA 92805-2845
- Apartment buildings
- 5,134 SF
- 0.23 lot acres
Property ID
US09-1851159
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 601 Pauline St
- Year built
- 1961
- Lot size
- 0.23 lot acres
- Property size
- 5,134 SF
- Property type
- Apartment buildings
- APN
- 035-165-24
- APU
- 3516524
Description
This exceptional 8-unit apartment building presents a compelling investment opportunity in the thriving Anaheim, California rental market. Located at 601 N Pauline St, Anaheim, CA 92805, this property offers a total of 5,134 square feet of living space, housed within a charming 1961-built structure. The building boasts attractive curb appeal, a pitched roof, and the convenience of on-site laundry facilities for residents. Each unit benefits from separately metered utilities, simplifying management and cost allocation. Further enhancing its appeal, the property includes valuable garage parking for residents. This low-rise/garden-style apartment building is situated in a high-demand rental area, promising strong occupancy rates and consistent cash flow. The asking price is $2,375,000, representing a significant opportunity for investors seeking a well-maintained, income-producing asset in a prime Anaheim location. The property's vintage charm, combined with modern conveniences like separately metered utilities and on-site laundry, makes it an attractive option for tenants and investors alike. This is an ideal addition to any existing portfolio or a perfect starting point for new investors looking to enter the lucrative Anaheim real estate market. The strong rental market and desirable features make this a truly exceptional investment opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,920,000
- ML approach
- $1,905,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,335,000
- 6.5%
- $1,230,000
- 7%
- $1,145,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,601,000
Market price range: $1.60M - $2.81M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $2,185,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $2,410,000 Change: +10% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,290,000 Change: +5% Conversion: Difficult
- OFFICE BUILDING
- $2,205,000 Change: +1% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $2,055,000 Change: -6% Conversion: Moderate
- RETAIL STORES
- $1,950,000 Change: -11% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Anaheim
- County
- Orange
- State
- California
- Longitude
- -117.91
- Latitude
- 33.8423
- 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
$8,586
$396,205
$191,182
$587,387
-
$0.00
$0.00
$0.00
