Property

Anaheim, CA 92806 1215 S Athena Way

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Presented By: Christian Tait with Marcus & Millichap RE Invest; christian.tait@marcusmillichap.com
  • MLS# OC26022232
  • 01/30/2026
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  • Baths • 1
  • SQFT • 4,345
  • Garage • 5

Home Details

1215 South Athena Way is a 4-unit multifamily property located in Anaheim, CA. Built in 1972, the property offers a desirable unit mix, strong parking, and meaningful recent improvements in a well-located Anaheim submarket. The property consists of two and three-bedroom units, each with private outdoor space and individual laundry hookups located within the unit’s assigned garage, a highly sought-after amenity that supports tenant retention and rental demand. Current ownership has completed a full interior renovation of one unit while also investing in multiple property-wide improvements, establishing a clear and proven renovation path for future ownership. The renovated unit highlights the achievable rental and lifestyle upside through modern finishes, while the remaining units provide immediate value-add potential through continued interior upgrades over time. The property is supported by 7 total parking spaces, including three single-car garages, one two-car garage, and two surface spaces, along with recently upgraded windows, garage doors, and major building systems. Combined with its proximity to major employment, entertainment, and transit corridors, 1215 South Athena Way represents a compelling opportunity for both owner-operators and long-term investors seeking a well-maintained Anaheim asset with future upside.
Presented By: Christian Tait with Marcus & Millichap RE Invest; christian.tait@marcusmillichap.com

Interior Features for 1215 S Athena Way

Other Interior Features

Common WallsNo Common Walls
Laundry FeaturesWasher Hookup, Electric Dryer Hookup
Total Stories2

Other Rooms

Entry Level1

General for 1215 S Athena Way

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate4.45
CityAnaheim
Community FeaturesCurbs, Gutter(s), Street Lights, Sidewalks
CountyOrange
DirectionsCross Streets of South Athena Way & East Ball Road
Electric Expense762
Entry LocationFirst level
Fuel Expense763
Garage Spaces5
Garage Y/NYes
Gross Income121500
HOANo
HOA Fee$
Insurance Expense3603
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet8276.4
Lot Size UnitsAcres
MLS Area78 - Anaheim East of Harbor
MaintenanceExpense4000
Net Operating Income82272
New ConstructionNo
Number Of Units Total4
Open Parking Spaces2
Operating Expense35583
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 StatusActive
StatusActive
Stories Count2
Subdivision NameOther
Tax Lot9
Taxes$21,022
Trash Expense762
Water Sewer Expense762
Year Built1972
Year Built SourceAssessor

Exterior for 1215 S Athena Way

Building Area Total4345
Lot FeaturesStreet Level
Lot Size Acres0.19
Lot Size Area0.19
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Private PoolNo
Total Parking7
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

Realtor®
Price $1,850,000
MLS#OC26022232
List Date 01/30/2026
Property Type Multi-Family
Phone 310.866.3778
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