918 W Romneya Drive, Anaheim, CA 92801

$7,200,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$7,200,000
Status
ACTIVE
MLS#
OC26172834
Year Built
1975
Lot Size
37,897
Acres
0.87
Lot Location
Street Level
Days on Market
0
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Nine-Eighteen Apartments is a 32-unit multifamily investment opportunity strategically located in the heart of Anaheim, California. Constructed in 1975, the property consists of 32 apartment homes situated on a ±0.87-acre parcel encompassing ±25,007 rentable square feet. The community benefits from a low-density site plan and an average unit size that exceeds many competing assets within the surrounding submarket. Nine-Eighteen Apartments offers residents a desirable collection of amenities including covered parking, gated access, a resort-style swimming pool, landscaped common areas, and on-site laundry facilities. These features contribute to long-term tenant retention and support the property’s competitive position within the Anaheim rental market. The property is positioned within one of Orange County’s most established multifamily corridors, benefiting from proximity to major employment centers, transportation infrastructure, healthcare facilities, educational institutions, and regional entertainment destinations. Investors are afforded the opportunity to capitalize on continued rental growth while preserving the stability associated with a well-located Anaheim apartment community. Nine-Eighteen Apartments represents a rare opportunity to acquire a scale multifamily asset in a supply-constrained Orange County market offering durable cash flow, operational upside, and long-term appreciation potential.

Additional Information

Pool Description
Community
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
32
Gross Scheduled Income
$574,385
Operating Expense
259141

Listing courtesy of Listing Agent: Tyler Leeson (tleeson@marcusmillichap.com) from Listing Office: Marcus & Millichap RE Invest.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.