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Betty Torano

betty.torano@exprealty.com +1(619) 851-6028

$7,200,000

Est. payment - /mo

0.87 Acres Lot

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26172834

HOA Y/N No

Year Built 1975

Lot Size 0.870 Acres

Property Sub-Type Apartment

Property Description

Nine-Eighteen Apartments is a 32-unit multifamily investment opportunity strategically located in the heart of Anaheim, California. Constructed in 1975, the property consists of 32 apartment homes situated on a ±0.87-acre parcel encompassing ±25,007 rentable square feet. The community benefits from a low-density site plan and an average unit size that exceeds many competing assets within the surrounding submarket. Nine-Eighteen Apartments offers select residences featuring desirable townhome-style layouts with vaulted ceilings, while community amenities include gated access, covered parking, a relaxing spa area, landscaped common areas, and on-site laundry facilities. These features contribute to long-term tenant retention and support the property's competitive position within the Anaheim rental market. The property is positioned within one of Orange County's most established multifamily corridors, benefiting from proximity to major employment centers, transportation infrastructure, healthcare facilities, educational institutions, and regional entertainment destinations. Investors are afforded the opportunity to capitalize on continued rental growth while preserving the stability associated with a well-located Anaheim apartment community. Nine-Eighteen Apartments represents a rare opportunity to acquire a scale multifamily asset in a supply-constrained Orange County market offering durable cash flow, operational upside, and long-term appreciation potential.

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 5.0

Carport Spaces 42

Garage Description 5.0

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks

Total Parking Spaces 47

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 27101207

Energy Description 7413.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Tyler Leeson Marcus & Millichap RE Invest tleeson@marcusmillichap.com, DRE #01451551

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Betty Torano

+1(619) 851-6028

Agent | License ID: 01922296

Agent License ID: 01922296

918 W Romneya DR Anaheim, CA 92801

Betty Torano

Key Details

Location

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Exterior

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918 W Romneya DR