Anaheim, CA 92806 2109 2113 E Westport Drive
$3,800,000
Pending
6 more
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
Baths • 1
SQFT • 8,800
Garage • 14
Home Details
The Westporter Apartment Homes is a well-located 14-unit multifamily investment situated on two adjacent parcels with a shared central courtyard at 2109 & 2113 East Westport Drive in Anaheim. Constructed in 1959, the property features a desirable unit mix of 12 one-bed/one-bath units and 2 two-bed/one-bath units, supported by 14 garage spaces, security entry doors, and two on-site laundry facilities (one per building). The asset is being offered at a 5.26% CAP rate on current rents, with the potential to achieve a 6.73% CAP rate on market rents, providing clear income growth through continued rent optimization. Current ownership has implemented RUBS, allowing for the recovery of utility expenses and improving operational efficiency. Combined with ancillary income from laundry, The Westporter Apartment Homes presents investors with a balanced opportunity offering both immediate yield and long-term upside in one of Orange County’s most active rental markets.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
Interior Features for 2109 2113 E Westport Drive
Other Interior Features
Common WallsNo Common Walls
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 2109 2113 E Westport Drive
Additional Parcels Description08344106
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Cap Rate5.26
CityAnaheim
Community FeaturesCurbs, Street Lights, Sidewalks
CountyOrange
DirectionsCross Streets of East Westport Drive & South State College Boulevard
Electric Expense2129
Entry LocationFirst level
Fuel Expense2130
Garage Spaces14
Garage Y/NYes
Gross Income310698
HOANo
HOA Fee$
Insurance Expense11900
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet17424
Lot Size UnitsAcres
MLS Area78 - Anaheim East of Harbor
MaintenanceExpense11200
Net Operating Income199864
New ConstructionNo
Number Of Units Total14
Operating Expense101736
Pool FeaturesNone
PostalCityANAHEIM
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count2
Subdivision NameOther
Tax Lot5
Taxes$43,179
Trash Expense2129
Water Sewer Expense2129
Year Built1959
Year Built SourceAssessor
Exterior for 2109 2113 E Westport Drive
Building Area Total8800
Lot FeaturesStreet Level
Lot Size Acres0.4
Lot Size Area0.4
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters14
Number of Separate Gas Meters14
Number of Separate Water Meters1
Private PoolNo
Total Parking14
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Limor Zamir
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