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$3,700,000

Beds
Unknown
sq ft
7,579

927 S Bruce St, Anaheim, CA 92804

927 S Bruce St

Anaheim, CA 92804

  • 65 days on market
We are pleased to present the investment opportunity of the Stonecrest Villas, a single story garden style, 14 unit apartment community situated in the picturesque West Anaheim. This property boasts three immaculately maintained buildings with abundant parking and stunning landscaping that creates a spacious and inviting environment. The majority of the apartments feature one bedrooms and include a patio, large mirrored closets, and wall air conditioning and heating units. Each building has its own water heater for added convenience and plenty of hot water. Additionally, approximately 50% of the units have been recently upgraded, adding even more value to the property. The Stonecrest Villas has consistently generated strong cash flow for the seller and presents a unique opportunity for an investor to acquire a well maintained asset with tremendous potential for an estimated 30% increase in rental income. By maximizing this potential, investors can expect to achieve a compelling 7% cap rate based on market rents. Don’t miss out on this outstanding investment opportunity!

Details

Property type

Apartment

Lot size

0.5758 acres

Price per sq ft

$489

Year built

1959

Price History

09/10/2024
CRMLS

CRMLS #PW24188324

Listed
$3,700,000

Schools & Community

Neighborhood: 

West Anaheim

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 11/14/2024 at 2:25 PM

Listing updated: 10/05/2024 at 3:01 PM

Listed by: James Wardlaw, Triqor Group Phone #: (949) 756-3232

MLS: CRMLS #PW24188324

CRMLS logo

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