3216 W Cabot Dr
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3216 W Cabot Dr
4 Unit Apartment Building $1,895,000 ($473,750/Unit) 4.81% Cap Rate Anaheim, CA 92804
Investment Highlights
- Cap Rate (Current/Market): 4.83% / 5.59%
- Current Monthly Income is $10,560 With Two Units Eligible for a Rent Increase
- Community Amenities Include Laundry Room, (2) On-Site Storage Rooms & Well-Parked
- Two- & Three-Bedroom Floorplans
- Units 2, 3 & 4 are Completely Renovated
- Ideal Anaheim Location (Walk Score: 77) - Located Near the Major Thoroughfare of Lincoln Blvd. & Beach Blvd.
Executive Summary
3216 W. Cabot Drive is an opportunity to own 4 units on a large 9,032 SF lot. The property offers an excellent unit mix of (2) two-bedroom/two-bathroom and (2) three-bedroom/two-bathroom units. Unit interiors average over 1,146 square feet each.
Property Facts
| Price | $1,895,000 | Property Subtype | Apartment |
| Price Per Unit | $473,750 | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.81% | Lot Size | 0.21 AC |
| Gross Rent Multiplier | 14.81 | Building Size | 4,587 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Price | $1,895,000 |
| Price Per Unit | $473,750 |
| Sale Type | Investment |
| Cap Rate | 4.81% |
| Gross Rent Multiplier | 14.81 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 4,587 SF |
| No. Stories | 2 |
| Year Built | 1964 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | $2,405 | 1,043 - 1,044 |
| 3+2 | 2 | $2,875 | 1,250 |
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Walk Score ®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 135-301-22 | Improvements Assessment | $208,080 |
| Land Assessment | $1,113,228 | Total Assessment | $1,321,308 |
PROPERTY TAXES
Parcel Number
135-301-22
Land Assessment
$1,113,228
Improvements Assessment
$208,080
Total Assessment
$1,321,308
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3216 W Cabot Dr
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