Anaheim, CA 92801 2858 W Lincoln Avenue
$1,495,000
3 more
Presented By: Ryan Loria with Triqor Group; 949-756-3232
Beds • 6
Baths • 2
SQFT • 4,185
Garage • 6
Home Details
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.
Presented By: Ryan Loria with Triqor Group; 949-756-3232
Interior Features for 2858 W Lincoln Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 2858 W Lincoln Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityAnaheim
Community FeaturesSidewalks
CountyOrange
DirectionsDriving East on Lincoln, Property is located on your right hand side.
Electric Expense0.0
Electric On Property Y/NNo
Entry Location/
Fuel Expense0.0
Garage Spaces6.0
Garage Y/NYes
Gross Income114728.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7585.0
Lot Size UnitsSquareFeet
MLS Area79 - Anaheim West of Harbor
MobileHomeRemainsYNNo
Net Operating Income81406.0
New ConstructionNo
NumberOfUnitsTotal4
Open Parking Spaces2.0
Operating Expense33322.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Subdivision NameAnaheim
Tax Lot0
TermsConventional
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1976
Year Built SourcePublicRecords
Exterior for 2858 W Lincoln Avenue
Building Area Total4185.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.1741
Lot Size Area7585.0
Lot Size SourcePublicRecords
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters0
Open Parking Y/NNo
SpaNo
Total Parking8.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480