Property

Anaheim, CA 92805 119 S Fahrion Place

119 S Fahrion Place Anaheim, CA - Image 1119 S Fahrion Place Anaheim, CA - Image 2119 S Fahrion Place Anaheim, CA - Image 3
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119 S Fahrion Place Anaheim, CA - Image 4119 S Fahrion Place Anaheim, CA - Image 5119 S Fahrion Place Anaheim, CA - Image 6119 S Fahrion Place Anaheim, CA - Image 7
Presented By: Jason Kirklen with Kirklen Investment Group; 949-942-1302
  • MLS# OC26126398
  • 06/09/2026
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  • Baths • 1
  • SQFT • 16,160

Home Details

The Courtyard Apartments is a 32-unit apartment property offering a rare opportunity to acquire a sizeable multifamily asset comprised of four separate, but contiguous 8-unit buildings. Built in 1959, the property features a clean and efficient unit mix of all one-bedroom, one-bathroom units, making it well-positioned to serve a broad renter base seeking functional and affordable apartment living. The two-story buildings are improved with pitched roofs, providing both architectural character and long-term ownership appeal. The property also benefits from 32 open surface parking spaces, offering one parking space per units, in addition to ample street parking due to the surrounding lower-density neighborhood. This parking availability is a meaningful advantage for residents and enhances the overall tenant experience. A key operational feature of The Courtyard Apartments is the existing on-site laundry facilities, which provides residents with added convenience while creating an additional income stream for ownership. Further upside exists through the existing washer and dryer hookups already located inside each unit, allowing a new owner the potential to implement in-unit laundry options over time to further enhance tenant appeal and support future rent growth. With its desirable all one-bedroom unit mix, four contiguous 8-unit buildings, ample parking, pitched roofs, on-site laundry, and additional operational upside through existing in-unit washer and dryer hookups, The Courtyard Apartments represents a compelling investment opportunity with strong fundamentals and meaningful value-add potential.
Presented By: Jason Kirklen with Kirklen Investment Group; 949-942-1302

Interior Features for 119 S Fahrion Place

Other Interior Features

Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2

Other Rooms

Entry Level1

General for 119 S Fahrion Place

Additional Parcels Description03717316, 03717317, 13717318
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Cap Rate5.23
CityAnaheim
Community FeaturesCurbs, Gutter(s), Storm Drain(s), Sidewalks
CountyOrange
Directions57 North, Exit L on Lincoln Ave. L on S State College, R on E Broadway, R on S Fahrion
Electric Expense2231
Entry Locationcourtyard
Fuel Expense1577
Garage Spaces
Garage Y/NNo
Gross Income676051
HeatingForced Air
Insurance Expense33800
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, 1031 Exchange
Lot Size Square Feet31799
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
MaintenanceExpense22432
Net Operating Income457523
New ConstructionNo
Number Of Units Total32
Open Parking Spaces32
Operating Expense218528
Pool FeaturesNone
PostalCityANAHEIM
Property Attached Y/NYes
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
Tax Lot5
Taxes$108,240
Tenant PaysElectricity, Gas, Trash Collection
Trash Expense0
Water Sewer Expense8521
Year Built1959
Year Built SourceAssessor

Exterior for 119 S Fahrion Place

Building Area Total16160
Lot Features6-10 Units/Acre
Lot Size Acres0.73
Lot Size Area31799
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters36
Number of Separate Gas Meters36
Number of Separate Water Meters4
Private PoolNo
Total Parking32
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 $8,750,000
MLS#OC26126398
List Date 06/09/2026
Property Type Multi-Family
Phone 310.866.3778
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