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$1,400,000

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3420 W Danbrook AVE Anaheim, CA 92804

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Faby Llerandi

[email protected] +1(951) 520-0260

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25257522

HOA Y/N No

Year Built 1961

Property Sub-Type Apartment

Property Description

3420 West Danbrook Avenue is a well-maintained 4-unit multifamily investment property located in Anaheim, California. Built in 1961 on a 0.20-acre parcel, the property features a desirable mix of three 2 bed/1 bath units and one 2 bed/2 bath unit. Each residence includes a private patio and security door, while most windows have been upgraded to dual-pane for improved comfort and energy efficiency. Additional amenities include five garage spaces, an on-site laundry facility, and a remodeled central courtyard that enhances the property's overall appeal. Current ownership has completed several key capital improvements, including a new water heater, replaced the water and sewer lines, installed new ovens and wall heaters, and made courtyard renovations. These updates reduce future maintenance needs and position the property well for continued strong performance. With current rents more than 60% below market levels, the asset offers immediate upside potential through interior renovations and rental rate adjustments. The property benefits from a convenient location within walking distance of multiple grocery-anchored shopping centers at the intersection of Knott Avenue and Lincoln Avenue. It is also conveniently located near all three levels of schooling: Danbrook Elementary, Orangeview Junior High, and Western High School, appealing to family-oriented tenants. Cypress College, located less than a mile away, serves over 13,000 students annually and provides a consistent source of housing demand. In addition, the property is just over one mile from Knott's Berry Farm and Buena Park Downtown, two major regional attractions that contribute to the area's strong economic and employment base. 3420 West Danbrook Avenue presents investors with a rare opportunity to acquire a stabilized, well-located Anaheim multifamily property with strong fundamentals, proven maintenance history, and clear rental upside in one of Orange County's most resilient rental markets.

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 13534306

Energy Description 1577.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Lease Land No

Listed by Christian Tait Marcus & Millichap RE Invest [email protected]

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Faby Llerandi

Broker Associate | License ID: 01157215

+1(951) 520-0260

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