$3,700,000
- Beds
- Unknown
- sq ft
- 7,579
927 S Bruce St, Anaheim, CA 92804
927 S Bruce St
Anaheim, CA 92804
- 74 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 #PW24188324
Listed
$3,700,000
Schools & Community
Neighborhood:
West Anaheim
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
Community features:
Sidewalks
Status: Active
Tomo last checked: 11/22/2024 at 11:30 PM
Listing updated: 10/05/2024 at 3:01 PM
Listed by: James Wardlaw, Triqor Group Phone #: (949) 756-3232
MLS: CRMLS #PW24188324
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