927 S Webster Avenue, Anaheim, CA 92804

List Price
$7,450,000
Status
ACTIVE
MLS#
OC25185906
Year Built
1968
Lot Size
37,897
Acres
0.87
Lot Location
Street Level
Days on Market
36
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

French Quarter Apartments is a 16-unit multifamily investment property located at 927 South Webster Avenue in Anaheim, California. Constructed in 1968, the property offers a total of approximately 19,214 rentable square feet situated on a 0.87-acre lot. The unit mix consists of two, one-bedroom units and fourteen, two-bedroom units, with an average unit size of approximately 1,200 square feet. Several floor plans are offered across the property, including both single-story flats and two-story townhome-style units, providing flexibility and appeal to a wide range of tenants. Amenities at the property include gated access, on-site laundry facilities, and carport parking, with direct access available for the townhome units. Select units also feature private patios. French Quarter Apartments is located on South Webster Avenue, a desirable residential corridor for both renters and operators due to its quiet atmosphere and proximity to daily conveniences. The property benefits from its West Anaheim location, placing it within walking distance of elementary, middle, and high schools, making it especially attractive for families. In addition, residents enjoy easy access to local retail centers, public parks, and major regional destinations such as Knott’s Berry Farm, Buena Park Downtown, and Disneyland. This offering presents an investor with the opportunity to acquire a well-situated property in a densely populated rental market with strong surrounding fundamentals.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
16
Gross Scheduled Income
$540,324
Operating Expense
182703

Listing courtesy of Listing Agent: Tyler Leeson (tleeson@marcusmillichap.com) from Listing Office: Marcus & Millichap RE Invest.

Mortgage Calculator

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.