161 167 175 W Guinida Lane, Anaheim, CA 92805

$4,400,000

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List Price
$4,400,000
Status
ACTIVE
MLS#
OC26196825
Year Built
1960
Lot Size
23,951
Acres
0.55
Lot Location
11-15 Units/Acre
Days on Market
125
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

We proudly offer the generational opportunity to acquire 161-175 W Guinida Lane, a single-story value-add 12-unit multifamily investment property comprised of three separately parceled 4-unit buildings located in Anaheim, CA. Being offered for the first time in 59 years, the subject property features a desirable unit mix comprised exclusively of two-bedroom/one-bathroom floor plans (approximately 792 sq ft). 161-175 W Guinida Lane is also equipped with a multitude of amenities such as (12) garage parking spaces, (8) surface parking spaces, spacious private patios, and on-site laundry facilities with 100-gallon water tanks in 161 and 175 W Guinida Lane. 167 W Guinida Lane is equipped with washer and dryer hook ups and a 50-gallon water tank, but is currently being operated as a utility room, which can be easily converted back to a functioning laundry facility. 161-175 W Guinida Lane benefits from its outstanding location being located in the heart of Anaheim near the city's most popular attractions such as Disneyland, Downtown Anaheim, and the Platinum Triangle. The subject property is also located near educational institutions such as Anaheim High School and within walking distance to Paul Revere Elementary School providing residents a balanced living environment due to its proximity to entertainment, schools, shopping, and dining. 161-175 W Guinida Lane offers an amazing opportunity for a subsequent owner to acquire 12-units across three separate buildings with attractive 30-year fixed residential financing due to each building being separately parceled. The current owner has also demonstrated a hands-on approach to maintaining the building with upgrades such as new asphalt paving in front of garages and assigned parking spaces in 2021 ($9,000), fully renovating a unit in 2026 at 167 W Guinida Lane ($30,000) fully replacing all three roofs on each building in 2022 ($77,000), and upgrading bathrooms and kitchens in additional units over the past 2 years totaling $25,000.

Additional Information

Pool Description
None
Heat
Forced Air
Garage Spaces Total
12
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
12
Gross Scheduled Income
$258,389
Operating Expense
102302

Listing courtesy of Listing Agent: Paul Banke (paul@kig-usa.com) from Listing Office: Kirklen Investment Group.

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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.