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$4,750,000
Est. payment /mo
3 Beds
3 Baths
0.45 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26138054
Bedrooms 3
Lot Size 0.450 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
1602 - 1608 West Juno Avenue is a 16+1 unit multifamily offering located in Anaheim, California. The property consists of two side-by-side apartment buildings on separate legal parcels, connected by a shared central courtyard. The unit mix includes 1 non-conforming studio, 12 one bed/one bath units, and 4 two bed/one bath units. The asset is supported by gated access, garage parking, two laundry rooms, and two main water heaters. Built in 1960, the property offers a strong combination of completed renovation work and remaining upside. 15 of the 17 total units have been renovated and 2 units remain in original condition. This provides investors with a mostly stabilized asset profile while preserving a clear path to increase income through targeted interior upgrades, continued rent optimization, and improved operation of the remaining non-renovated units. Additional value may be available through future ADU creation, subject to approval by the City of Anaheim and any other applicable authorities. With most of the renovation program already completed, 1602 - 1608 West Juno Avenue offers investors an Anaheim multifamily opportunity with strong in-place appeal, remaining unit-level upside, and additional long-term potential through future ADU creation.
Location
State CA
County Orange
Zoning Assessor
Direction Cross Streets of West Juno Avenue & South Loara Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 25015212
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Tyler Leeson, DRE#01451551 Marcus & Millichap RE Invest
Nearby Locations
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