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1804 W Glen Ave 4 Unit Apartment Building $2,094,923 CAD ($523,731 CAD/Unit) 3.82% Cap Rate Anaheim, CA 92801



Investment Highlights
- Four 2 Bed/2 Bath units in a 100% single-story layout, an increasingly rare design.
- Five single-car garages that provide secure off-street parking.
- Located less than one mile from Anaheim Plaza, featuring major national retailers including Walmart and Ulta Beauty.
- Each unit benefits from a private patio, a highly desirable feature in the Anaheim rental market.
- Within walking distance of Servite High School and Anaheim Regional Medical Center.
- Close proximity to Interstate 5 and State Route 91 allows for efficient access throughout Orange, Los Angeles, and Riverside Counties.
Executive Summary
The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire the 4-unit multifamily property located at 1804 West Glen Avenue in Anaheim, California. Built in 1962, the property consists of four two-bedroom/two-bathroom units configured in a 100% single-story layout, an increasingly rare design that appeals to long-term tenants and reduces ongoing maintenance exposure.
Each residence features a private outdoor patio, providing functional outdoor living space that enhances overall tenant appeal. The property also offers five single-car garages, delivering secure off-street parking for residents, an important amenity in the Anaheim rental market where covered parking remains highly desirable.
1804 West Glen Avenue is situated in a convenient Anaheim location within walking distance of Servite High School and Anaheim Regional Medical Center, two well-established local institutions that contribute to consistent rental demand in the surrounding neighborhood. Residents also benefit from close proximity to Anaheim Plaza, located less than one mile from the property and featuring major national retailers including Walmart, Ulta Beauty, and additional everyday shopping and dining options.
In addition, the property offers excellent regional connectivity, with quick access to both Interstate 5 and State Route 91, allowing residents to conveniently commute throughout Orange County as well as neighboring employment centers in Los Angeles and Riverside Counties. This strategic location supports long-term rental demand and enhances the overall stability of the investment.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
Each residence features a private outdoor patio, providing functional outdoor living space that enhances overall tenant appeal. The property also offers five single-car garages, delivering secure off-street parking for residents, an important amenity in the Anaheim rental market where covered parking remains highly desirable.
1804 West Glen Avenue is situated in a convenient Anaheim location within walking distance of Servite High School and Anaheim Regional Medical Center, two well-established local institutions that contribute to consistent rental demand in the surrounding neighborhood. Residents also benefit from close proximity to Anaheim Plaza, located less than one mile from the property and featuring major national retailers including Walmart, Ulta Beauty, and additional everyday shopping and dining options.
In addition, the property offers excellent regional connectivity, with quick access to both Interstate 5 and State Route 91, allowing residents to conveniently commute throughout Orange County as well as neighboring employment centers in Los Angeles and Riverside Counties. This strategic location supports long-term rental demand and enhances the overall stability of the investment.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$134,680
|
$38.81
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,040
|
$1.16
|
| Effective Gross Income |
$130,639
|
$37.65
|
| Taxes |
$23,805
|
$6.86
|
| Operating Expenses |
$26,855
|
$7.74
|
| Total Expenses |
$50,660
|
$14.60
|
| Net Operating Income |
$79,979
|
$23.05
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $134,680 |
| Annual Per SF | $38.81 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $4,040 |
| Annual Per SF | $1.16 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $130,639 |
| Annual Per SF | $37.65 |
| Taxes (CAD) | |
|---|---|
| Annual | $23,805 |
| Annual Per SF | $6.86 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $26,855 |
| Annual Per SF | $7.74 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $50,660 |
| Annual Per SF | $14.60 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $79,979 |
| Annual Per SF | $23.05 |
Property Facts
| Price | $2,094,923 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $523,731 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 3.82% | Building Size | 3,470 SF |
| Gross Rent Multiplier | 15.55 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 1.44/1,000 SF |
| Price | $2,094,923 CAD |
| Price Per Unit | $523,731 CAD |
| Sale Type | Investment |
| Cap Rate | 3.82% |
| Gross Rent Multiplier | 15.55 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,470 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1962 |
| Parking Ratio | 1.44/1,000 SF |
Amenities
Unit Amenities
- Patio
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | 868 |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 072-563-03 | Total Assessment | $1,721,868 CAD (2025) |
| Land Assessment | $1,422,416 CAD (2025) | Annual Taxes | $23,805 CAD ($6.86 CAD/SF) |
| Improvements Assessment | $299,453 CAD (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
072-563-03
Land Assessment
$1,422,416 CAD (2025)
Improvements Assessment
$299,453 CAD (2025)
Total Assessment
$1,721,868 CAD (2025)
Annual Taxes
$23,805 CAD ($6.86 CAD/SF)
Tax Year
2026 Payable 2026
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1804 W Glen Ave
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