2858 W Lincoln AVE Contingent Save Request In-Person Tour Request Virtual Tour
Anaheim,CA 92801
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRPW24152339
Year Built 1976
Lot Size 7,585 Sqft
Property Description
We are pleased to present Lincoln Apartments, a 4-unit apartment building in Anaheim, CA. The property consists of large 2 and 3-bedroom units with patios/balconies and garage parking spaces. The asset also features individual gas and electric meters and a shared laundry facility. Having been professionally managed throughout ownership, the property is on the market for the first time in 24 years. With strong in-place rents, this property offers an investor the opportunity to acquire a high cash-flowing asset generating a 4.8% cap rate with current rents, 6.3% with market rents. This property is ideal for investors seeking a well-priced, value-add opportunity in a sought-after location.
Location
State CA
County Orange
Area 79 - Anaheim West Of Harbor
Interior
Laundry Laundry Area
Exterior
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Special Listing Condition Not Applicable ,Accepting Backups