Anaheim, CA 92804 3227 W Cabot Drive
$1,650,000
Presented By: Timothy Gorman with Gorman & Associates; 714-932-9673
Baths • 1
SQFT • 4,587
Garage • 5
Home Details
Rare opportunity to acquire a well-located 4-unit apartment property with strong value-add potential. Offered by an ownership group that recently inherited the asset and does not wish to continue operations, creating an excellent opportunity for investors.
Attractively priced for an efficient sale, the property offers the ability to increase value through renovations, unit turnover, and rental growth. Desirable unit mix with spacious floor plans and strong rental demand fundamentals. Current rents are below market, presenting immediate upside potential through interior improvements and operational efficiencies.
Situated on a residential street among similar multifamily properties, the asset benefits from close proximity to employment centers, shopping, dining, and major transportation corridors. Nearby renovated comparable properties have recently sold, further supporting the repositioning opportunity.
Presented By: Timothy Gorman with Gorman & Associates; 714-932-9673
Interior Features for 3227 W Cabot Drive
Other Interior Features
Common Walls2+ Common Walls
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 3227 W Cabot Drive
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate3.81
CityAnaheim
Community FeaturesCurbs, Sidewalks
ContingencyShowing after offer acceptance. Please include POF and lender approval with offer.
CountyOrange
DirectionsWest of Beach Blvd / North of Lincoln Ave. Enter via Danbrook Ave to Cabot Dr. Property located in cul-de-sac area.
Electric Expense1128
Entry Location1
Fuel Expense1128
Garage Spaces5
Garage Y/NYes
Gross Income66723
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense5734
Land Lease Y/NNo
Listing TermsCash to New Loan
Lot Size Square Feet8715
Lot Size UnitsSquare Feet
MLS Area79 - Anaheim West of Harbor
MaintenanceExpense7200
Net Operating Income66723
New ConstructionNo
Number Of Units Total4
Operating Expense43257
Pool FeaturesNone
PostalCityANAHEIM
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameOther
Tax Lot6
Taxes$19,250
Trash Expense1692
UtilitiesElectricity Connected, Sewer Connected, Water Connected
Water Sewer Expense2820
Year Built1964
Year Built SourcePublic Records
Exterior for 3227 W Cabot Drive
Building Area Total4587
Lot Features2-5 Units/Acre
Lot Size Acres0.2001
Lot Size Area8715
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Private PoolNo
Total Parking5
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®