The lot is 15,682 square feet at the north/east corner of Ball Road and Western Ave. in Anaheim. Seller has plans approved by the city of Anaheim to build an 11 unit apartment building – The plans are designed with each unit at 985 square feet with 2 bedrooms and 2 baths – and covered parking below the units. We anticipate these apartments will lease at $2,500 per unit ($300,000 annual income with one unit dedicated to onsite manager). Land sold with full entitlement and plans. The plans for development have city of Anaheim approval for this project and it is ready to start construction.
Listing courtesy of Listing Agent: Cary Hairabedian (firstname.lastname@example.org) from Listing Office: RE/MAX College Park Realty.
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