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$4,795,000

Beds
Unknown
sq ft
Unknown

721 W La Palma Ave, Anaheim, CA 92801

721 W La Palma Ave

Anaheim, CA 92801

  • 94 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

CRMLS #OC24166762

Price change
$4,795,000
-1.13%
08/12/2024
CRMLS

CRMLS #OC24166762

Listed
$4,850,000

Schools & Community

Neighborhood: 

Northwest Anaheim

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

Status: Active

Tomo last checked: 11/14/2024 at 8:00 AM

Listing updated: 10/25/2024 at 2:10 PM

Listed by: Tyler Leeson, Marcus & Millichap RE Invest Phone #: (949) 419-3200

MLS: CRMLS #OC24166762

CRMLS logo

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