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1010 E Broadway 10 Unit Apartment Building $2,371,668 CAD ($237,167 CAD/Unit) 4.30% Cap Rate Anaheim, CA 92805
INVESTMENT HIGHLIGHTS
- It was built in 1979. It has a central air conditioning system and is in very good condition. (Wall A/C 3 Unit)
- Unit Central A/C) The parking lot is very good. (Including a private storage). Each unit is very spacious.
- Each unit is very spacious. Each unit was remodeled. (Kitchen, bathroom, countertop, new window installation)
- Carport has 8.Good repair and management and well maintained. Long term tenants are 100%.
- Each unit was remodeled. (Kitchen, bathroom, countertop, new window installation)
- It is located in a very convenient place for living.
EXECUTIVE SUMMARY
We proudly offer the opportunity to acquire 1010 E Broadway, Anaheim, Ca 92805.Built in 1979, the subject property offers an attract 4 unit mix of 100% Three-bedroom/Two-bathroom units and others . Well maintained four plex in the downtown Anaheim Packing District area with so much room to increase rent. All units have their own interior laundry hook ups, and private balconies and patios. All units are separately metered, and most of the units have newer flooring, newer kitchen appliances, and newer counters in kitchen and bath. All units have master bedroom bathrooms. One 3 bedroom, 2 bath, with central A/C. One 2 bedroom, 2 bath, with wall A/C. One 2 bedroom, 1 bath, with wall A/C. One 1bedroom, 1 bath with wall A/C. 8 covered carport spaces on site. Storage units in 4 of the 8 carports. All new vinyl double paned windows. Recent copper plumbing throughout. Fresh paint and well-maintained roof. These units are in great demand and fully occupied at all times. Long term tenants want to remain! Much room for increased rental income. The location is perfect for all of Anaheim's exciting amenities.....Disneyland, Convention Center, Civic Center, library, public transportation, restaurants. It is also located close to some of the recently approved Disneyland Forward project, a $1.9 billion plan to expand Disneyland’s footprint by adding new hotels, retail and attractions to more than 100 acres of existing land. It is also located within Anaheim City at 1010 East Broadway, giving residents convenient access to a variety of shopping, dining and entertainment options. Furthermore, 1010 East Broadway 4 units provides residents with convenient access to Interstate 5, State Route57, and the Anaheim Regional Transportation Intermodal Center (ARTIC), connecting residents to employment hubs throughout Orange and Los Angeles Counties. Maintained with pride by current owners! Wonderful investment opportunity!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,371,668 CAD | Apartment Style | Garden |
| Price Per Unit | $237,167 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 4.30% | Building Size | 3,705 SF |
| Gross Rent Multiplier | 18 | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1979 |
| Property Subtype | Apartment | Parking Ratio | 2.16/1,000 SF |
| Zoning | RM-1200, Anaheim - "RM-4" Medium Density Residential | ||
| Price | $2,371,668 CAD |
| Price Per Unit | $237,167 CAD |
| Sale Type | Investment |
| Cap Rate | 4.30% |
| Gross Rent Multiplier | 18 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,705 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 2.16/1,000 SF |
| Zoning | RM-1200, Anaheim - "RM-4" Medium Density Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Washer/Dryer Hookup
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $3,661 CAD | 1,190 |
| 2+2 | 2 | $3,106 CAD | 950 |
| 2+1 | 3 | $3,315 CAD | 900 |
| 1+1 | 4 | $2,712 CAD | 665 |
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 037-164-35 | Improvements Assessment | $353,257 CAD (2025) |
| Land Assessment | $1,582,755 CAD (2025) | Total Assessment | $1,936,012 CAD (2025) |
PROPERTY TAXES
Parcel Number
037-164-35
Land Assessment
$1,582,755 CAD (2025)
Improvements Assessment
$353,257 CAD (2025)
Total Assessment
$1,936,012 CAD (2025)
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1010 E Broadway
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