Property listed by E Realty, Yazen Haddad 562-881-9947
307 N Tustin
Anaheim, CA 92807
$2,475,000
Exceptional investment opportunity in a prime Anaheim location near N. Tustin Avenue with convenient access to the 91, 55, and 57 Freeways. This fully renovated fourplex consists of four spacious 2-bedroom, 2-bathroom units, each thoughtfully updated with modern finishes and designed for today's renters. The front units are offered for… Read More lease at $3,600 per month, while the rear units are offered for lease at $3,200 per month, presenting strong income potential.
Each residence has been extensively remodeled with modern kitchens, updated bathrooms, new flooring, fresh interior and exterior paint, energy-efficient mini-split HVAC systems, and numerous additional upgrades. Every unit also features its own private in-unit laundry, providing added convenience and enhancing tenant appeal. This is a true pride-of-ownership property with no deferred maintenance, making it a turnkey investment opportunity.
Each unit is separately metered for gas and electricity, providing operational efficiency and minimizing owner expenses. The property also includes five one-car garages, presenting an excellent opportunity for additional rental income or potential garage-to-ADU conversions.
Whether you're looking for a turnkey multifamily asset with minimal maintenance or seeking future upside through ADU potential, this property offers an outstanding opportunity in one of Anaheim's most desirable rental markets. Read Less
Listing Snapshot
Days Online
6
Last Updated
Property Type
Quadruplex
Lot Size
0.24 Acres
Year Built
1964
MLS Number
OC26155569
Additional Details
Building
Built in 1964, 1 building, 1 storey, Entry level: 1, Entry location: 1
Community
StreetLights
Expenses
Insurance: $3,000, Operating: $28,000
Garage
5 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $135,200, Gross ScheduledIncome: $163,200, Net Operating Income: $135,200
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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