About 1120 N East Street
Located in the heart of Anaheim, this property benefits from a strong rental base and proximity to major employers, freeways, and attractions. It is near Downtown Anaheim, The Packing House, and within a short drive to Disneyland Resort, Anaheim Regional Medical Center, and the 91 & 5 Freeways. This well-located 8-unit property in Anaheim features a desirable and manageable unit mix of all 1-bedroom, 1-bathroom units. Rents are currently well below market, creating a strong value-add opportunity for investors. With upside in rents, the property offers a pro forma CAP rate exceeding 7% at market pricing.
