$4,795,000
- Beds
- Unknown
- sq ft
- Unknown
721 W La Palma Ave, Anaheim, CA 92801
721 W La Palma Ave
Anaheim, CA 92801
- 103 days on market
- Price drop $55,000↓
721 West La Palma Avenue is a 12-unit multifamily investment property located in Anaheim, California. The property offers a highly desirable mix consisting exclusively of two-bedroom units, of which eight are townhome floorplans. Residents enjoy amenities such as private balconies, in-unit laundry, and ample parking in a gated parking garage. Additionally, current ownership has invested significant capital into interior and exterior improvements at 721 West La Palma Avenue including fresh paint, an automatic fire sprinkler system in the parking garage, and upgrades to air conditioning units, stairs, railings, and balconies. 721 West La Palma Avenue’s optimal North Orange County Location, situated between Downtown Anaheim and Downtown Fullerton, provides easy access to a plethora of unique shops, restaurants, and attractions. Additionally, the property places residents in close proximity to the regions top employers including the Anaheim Regional Medical Center, just over 0.25 miles from the property, as well as Disneyland, the Anaheim Convention Center, and California State University, Fullerton, which are all within a 3 mile radius of the property. Furthermore, the property provides residents with convenient access to State Routes 57 and 91, Interstate 5, and multiple train and transit stations, connecting residents to employment hubs throughout Southern California. Given the strength of the overall apartment market within the city of Anaheim, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of activities, transportation, and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 721 West La Palma Avenue.
Details
Property type
Apartment
Lot size
0.3 acres
Price per sq ft
Unknown
Year built
1989
HOA
No
Price History
10/25/2024
CRMLS #OC24166762
Price change
$4,795,000
-1.13%
08/12/2024
CRMLS #OC24166762
Listed
$4,850,000
Schools & Community
Neighborhood:
Northwest Anaheim
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs, Sidewalks
Community features:
Curbs, Sidewalks
Status: Active
Tomo last checked: 11/22/2024 at 10:50 PM
Listing updated: 10/25/2024 at 2:10 PM
Listed by: Tyler Leeson, Marcus & Millichap RE Invest Phone #: (949) 419-3200
MLS: CRMLS #OC24166762
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