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$2,088,000
Est. payment /mo
3 Beds
2 Baths
8,712 Sqft Lot
UPDATED:
10/22/2024 12:33 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24212954
Bedrooms 3
HOA Y/N No
Lot Size 8,712 Sqft
Property Description
2119 East Westport Drive is a 7-unit multifamily investment property located in Anaheim, California. The property offers a mix of one and two-bedroom floor plans, of which select units have recently undergone substantial renovations including vinyl and carpet flooring, kitchens, bathrooms, and more. Additionally, current ownership has invested significant capital into improvements including the installation of a new roof as well as dual-pane windows and upgraded air conditioning in all units. Residents enjoy amenities including an on-site laundry facility and ample garage parking. 2119 East Westport Drive has an attractive North Orange County location, situated just east of Downtown Anaheim. The property is located adjacent to Anaheim Town Square, anchored by Target and Northgate Market, providing residents with convenient access to everyday needs. Additionally, 2119 East Westport Drive is just over 2.25 miles from Disneyland, the premier employer within the city per Anaheims 2023 Annual Comprehensive Financial Report. Furthermore, the property is within 2.50 miles of the Platinum Triangle, home to Angel Stadium, Honda Center, and an intensive urban development plan creating high density mixed-use, office, restaurant, and residential projects. 2119 East Westport Drive benefits from its close proximity to State Routes 57 and 91, connecting residents to major employment hubs throughout Southern California. The Anaheim submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 96.1 percent (Q2 2024) and average year-over-year effecti
2119 East Westport Drive is a 7-unit multifamily investment property located in Anaheim, California. The property offers a mix of one and two-bedroom floor plans, of which select units have recently undergone substantial renovations including vinyl and carpet flooring, kitchens, bathrooms, and more. Additionally, current ownership has invested significant capital into improvements including the installation of a new roof as well as dual-pane windows and upgraded air conditioning in all units. Residents enjoy amenities including an on-site laundry facility and ample garage parking. 2119 East Westport Drive has an attractive North Orange County location, situated just east of Downtown Anaheim. The property is located adjacent to Anaheim Town Square, anchored by Target and Northgate Market, providing residents with convenient access to everyday needs. Additionally, 2119 East Westport Drive is just over 2.25 miles from Disneyland, the premier employer within the city per Anaheims 2023 Annual Comprehensive Financial Report. Furthermore, the property is within 2.50 miles of the Platinum Triangle, home to Angel Stadium, Honda Center, and an intensive urban development plan creating high density mixed-use, office, restaurant, and residential projects. 2119 East Westport Drive benefits from its close proximity to State Routes 57 and 91, connecting residents to major employment hubs throughout Southern California. The Anaheim submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 96.1 percent (Q2 2024) and average year-over-year effective rent growth of 3.5 percent for 2023, demonstrating the strong demand for rental housing. Anaheims central location, strong economic growth, and unmatched local attractions have made it one of Southern Californias most desirable and versatile markets. Given the strength of the overall apartment market within the city of Anaheim, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of activities, transportation, and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 2119 East Westport Drive.
2119 East Westport Drive is a 7-unit multifamily investment property located in Anaheim, California. The property offers a mix of one and two-bedroom floor plans, of which select units have recently undergone substantial renovations including vinyl and carpet flooring, kitchens, bathrooms, and more. Additionally, current ownership has invested significant capital into improvements including the installation of a new roof as well as dual-pane windows and upgraded air conditioning in all units. Residents enjoy amenities including an on-site laundry facility and ample garage parking. 2119 East Westport Drive has an attractive North Orange County location, situated just east of Downtown Anaheim. The property is located adjacent to Anaheim Town Square, anchored by Target and Northgate Market, providing residents with convenient access to everyday needs. Additionally, 2119 East Westport Drive is just over 2.25 miles from Disneyland, the premier employer within the city per Anaheims 2023 Annual Comprehensive Financial Report. Furthermore, the property is within 2.50 miles of the Platinum Triangle, home to Angel Stadium, Honda Center, and an intensive urban development plan creating high density mixed-use, office, restaurant, and residential projects. 2119 East Westport Drive benefits from its close proximity to State Routes 57 and 91, connecting residents to major employment hubs throughout Southern California. The Anaheim submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 96.1 percent (Q2 2024) and average year-over-year effective rent growth of 3.5 percent for 2023, demonstrating the strong demand for rental housing. Anaheims central location, strong economic growth, and unmatched local attractions have made it one of Southern Californias most desirable and versatile markets. Given the strength of the overall apartment market within the city of Anaheim, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of activities, transportation, and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 2119 East Westport Drive.
Location
State CA
County Orange
Area Oc - Anaheim (92806)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $155
Acceptable Financing Cash, Conventional, Exchange
Space Rent $9,740
Listing Terms Cash, Conventional, Exchange
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Listed by Tyler Leeson • Marcus & Millichap RE Invest
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