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2144 E Almont Ave 4 Unit Apartment Building $2,233,472 CAD ($558,368 CAD/Unit) 5.01% Cap Rate Anaheim, CA 92806



INVESTMENT HIGHLIGHTS
- 100% single-story layout with private patios, highly appealing to tenants seeking privacy and ease of living.
- All units were completely renovated in 2018 with upgrades to kitchens, bathrooms, flooring, and more.
- Positioned just north of the Platinum Triangle, home to Angel Stadium, Honda Center, and the ARTIC transit hub.
- Two 1-bed/1-bath units, one 2-bed/1-bath unit, & one 3-bed/2-bath unit, providing a diverse mix that appeals broadly to singles, couples, & families.
- The property offers five garages, on-site laundry, dual-pane windows, and security doors, providing both convenience and peace of mind for residents.
- Near the transformative mixed-use development OC Vibe that will bring new entertainment, dining, and retail to Anaheim.
EXECUTIVE SUMMARY
The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 2144 East Almont Avenue, a well-located 4-unit multifamily property in southeast Anaheim. Built in 1964, the property totals 3,892 square feet and features a desirable 100% single-story layout that appeals to renters seeking privacy with no neighbors above or below. The unit mix consists of two 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and one spacious 3-bedroom/2-bathroom unit. The well-maintained property features new PEX Plumbing and a new water heater, both upgraded in 2025, while all units were fully renovated with new kitchens, bathrooms, flooring, and more in 2018. Each residence includes a private patio, and the community is further enhanced by on-site laundry, dual-pane windows, security doors, and five private garage spaces.
The property is positioned in a prime location just north of Anaheim’s Platinum Triangle, home to Angel Stadium, the Honda Center, and the ARTIC transportation hub, and within close proximity to the transformative OC Vibe development, a largescale entertainment and lifestyle destination that will redefine the area. Residents enjoy walkable access to Katella High School, James Guinn Elementary School, and Boysen Park, along with popular dining options such as In-N-Out Burger and Benihana. Easy access to State Route 57 connects tenants to major employment centers throughout Orange County, further solidifying the property’s long-term rental demand.
With its southeast Anaheim location, desirable single-story construction, well-maintained units, and rare private garages, 2144 East Almont Avenue represents a compelling opportunity for investors to acquire a stabilized asset in one of Orange County’s most dynamic growth corridors.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
The property is positioned in a prime location just north of Anaheim’s Platinum Triangle, home to Angel Stadium, the Honda Center, and the ARTIC transportation hub, and within close proximity to the transformative OC Vibe development, a largescale entertainment and lifestyle destination that will redefine the area. Residents enjoy walkable access to Katella High School, James Guinn Elementary School, and Boysen Park, along with popular dining options such as In-N-Out Burger and Benihana. Easy access to State Route 57 connects tenants to major employment centers throughout Orange County, further solidifying the property’s long-term rental demand.
With its southeast Anaheim location, desirable single-story construction, well-maintained units, and rare private garages, 2144 East Almont Avenue represents a compelling opportunity for investors to acquire a stabilized asset in one of Orange County’s most dynamic growth corridors.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$159,554
|
$41.00
|
| Other Income |
$8,592
|
$2.21
|
| Vacancy Loss |
$4,787
|
$1.23
|
| Effective Gross Income |
$163,359
|
$41.97
|
| Taxes |
$25,379
|
$6.52
|
| Operating Expenses |
$26,067
|
$6.70
|
| Total Expenses |
$51,447
|
$13.22
|
| Net Operating Income |
$111,912
|
$28.75
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $159,554 |
| Annual Per SF | $41.00 |
| Other Income (CAD) | |
|---|---|
| Annual | $8,592 |
| Annual Per SF | $2.21 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $4,787 |
| Annual Per SF | $1.23 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $163,359 |
| Annual Per SF | $41.97 |
| Taxes (CAD) | |
|---|---|
| Annual | $25,379 |
| Annual Per SF | $6.52 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $26,067 |
| Annual Per SF | $6.70 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $51,447 |
| Annual Per SF | $13.22 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $111,912 |
| Annual Per SF | $28.75 |
PROPERTY FACTS Under Contract
| Price | $2,233,472 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $558,368 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 5.01% | Building Size | 3,892 SF |
| Gross Rent Multiplier | 13.28 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 1.28/1,000 SF |
| Zoning | RM1200, Anaheim | ||
| Price | $2,233,472 CAD |
| Price Per Unit | $558,368 CAD |
| Sale Type | Investment |
| Cap Rate | 5.01% |
| Gross Rent Multiplier | 13.28 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 3,892 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1964 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | RM1200, Anaheim |
AMENITIES
UNIT AMENITIES
- Double Pane Windows
SITE AMENITIES
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 684 |
| 2+1 | 1 | - | 1,184 |
| 3+2 | 1 | - | 1,344 |
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 253-212-10 | Total Assessment | $1,437,512 CAD |
| Land Assessment | $1,232,275 CAD | Annual Taxes | $25,379 CAD ($6.52 CAD/SF) |
| Improvements Assessment | $205,237 CAD | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
253-212-10
Land Assessment
$1,232,275 CAD
Improvements Assessment
$205,237 CAD
Total Assessment
$1,437,512 CAD
Annual Taxes
$25,379 CAD ($6.52 CAD/SF)
Tax Year
2025 Payable 2025
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2144 E Almont Ave
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