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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$4,400,000

Est. payment - /mo

0.55 Acres Lot

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26196825

HOA Y/N No

Year Built 1960

Lot Size 0.550 Acres

Property Sub-Type Apartment

Property Description

We proudly offer the generational opportunity to acquire 161-175 W Guinida Lane, a single-story value-add 12-unit multifamily investment property comprised of three separately parceled 4-unit buildings located in Anaheim, CA. Being offered for the first time in 59 years, the subject property features a desirable unit mix comprised exclusively of two-bedroom/one-bathroom floor plans (approximately 792 sq ft). 161-175 W Guinida Lane is also equipped with a multitude of amenities such as (12) garage parking spaces, (8) surface parking spaces, spacious private patios, and on-site laundry facilities with 100-gallon water tanks in 161 and 175 W Guinida Lane. 167 W Guinida Lane is equipped with washer and dryer hook ups and a 50-gallon water tank, but is currently being operated as a utility room, which can be easily converted back to a functioning laundry facility.

161-175 W Guinida Lane benefits from its outstanding location being located in the heart of Anaheim near the city's most popular attractions such as Disneyland, Downtown Anaheim, and the Platinum Triangle. The subject property is also located near educational institutions such as Anaheim High School and within walking distance to Paul Revere Elementary School providing residents a balanced living environment due to its proximity to entertainment, schools, shopping, and dining.

The current owner has also demonstrated a hands-on approach to maintaining the building with upgrades such as new asphalt paving in front of garages and assigned parking spaces in 2021 ($9,000), fully renovating a unit in 2026 at 167 W Guinida Lane ($30,000) fully replacing all three roofs on each building in 2022 ($77,000), and upgrading bathrooms and kitchens in additional units over the past 2 years totaling $25,000.

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Heating Forced Air

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 12.0

Garage Description 12.0

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks

Total Parking Spaces 20

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 08249105

Energy Description 5355.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by Paul Banke Kirklen Investment Group #02113308

NEARBY SCHOOL & BUSINESS

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161 167 175 W Guinida LN Anaheim, CA 92805