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1010 E Anaheim St

8 Unit Apartment Building $1,984,458 CAD ($248,057 CAD/Unit) 7.84% Cap Rate Wilmington, CA 90744

Executive Summary

Massive $100,000 Price Reduction! 1010 E Anaheim St is a mostly Stabilized 8 unit apartment in Los Angeles County. Priced at a 8.44 GRM and 7.84% Current Cap rate, this asset is ideal for any investor looking for strong cash flow in a growing submarket of Los Angeles. The subject property boasts an excellent unit mix of (8)1-bed/1-bath Units. At only $175k/Door and $342/SF, this asset provides strong cash flow and immense upside. 1010 E Anaheim St is sandwiched between San Pedro’s new Waterfront Project and the City of Long Beach, 1010 E
Anaheim is a quickly growing submarket in the South Bay.

Property Facts

Price $1,984,458 CAD
Price Per Unit $248,057 CAD
Sale Type Investment
Cap Rate 7.84%
Gross Rent Multiplier 8.44
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 4,096 SF
No. Stories 2
Year Built 1923
Opportunity Zone Yes

Site Amenities

  • Laundry Facilities
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7424-021-003
Land Assessment
$781,291 CAD
Improvements Assessment
$390,643 CAD
Total Assessment
$1,171,933 CAD

zoning

Zoning Code M2, Los Angeles
M2, Los Angeles
  • Listing ID: 31812687

  • Date on Market: 2024-05-15

  • Last Updated:

  • Address: 1010 E Anaheim St, Wilmington, CA 90744

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