601 Pauline St Anaheim, CA 92805-2845
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.
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.