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2858 W Lincoln Avenue, Anaheim, CA

$1,495,000

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5

Beds

4

Baths

0.17

Acres

About 2858 W Lincoln Avenue

We are pleased to present Lincoln Apartments, a 4-unit apartment building in Anaheim, CA. The property consists of large 2 and 3-bedroom units with patios/balconies and garage parking spaces. The asset also features individual gas and electric meters and a shared laundry facility. Having been professionally managed throughout ownership, the property is on the market for the first time in 24 years. With strong in-place rents, this property offers an investor the opportunity to acquire a high cash-flowing asset generating a 4.8% cap rate with current rents, 6.3% with market rents. This property is ideal for investors seeking a well-priced, value-add opportunity in a sought-after location.

Features of 2858 W Lincoln Avenue

MLS® # PW24152339
Price $1,495,000
Bedrooms 5
Bathrooms 4.00
Acres 0.17
Type Residential Income
Status Closed

Community Information

Address 2858 W Lincoln Avenue
City Anaheim
County Orange
State CA
Zip Code 92801

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 2 Story

Exterior

Lot Description Sidewalks

Additional Information

Date Listed July 24th, 2024
Days on Market 126
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTriqor Group

Listing Map

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