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2701 E La Palma Ave
Anaheim, CA 92806 North Anaheim

$22,850,000 USD

Apartments For Sale  •  61,367 SF

Property Details

• Property Type Apartments
• Total Building Size 61,367 SF
• Lot Size 3.22 AC
• Building Class C
• Year Built 1973
• Cap Rate 5.16 %

40 Transit Score

40 Walk Score

Highlights

Developed and Constructed by Current Ownership in 1973 – First Time on the Market

Large 1 and 2 Bedroom Units Situated on Over 3.2 Acres

All Electric Units with Individual Meters, Central A/C, and Individual Water Heaters

Well-Maintained Building with New Roof, GE Subpanels, and SB 721 Clearance

Excellent East Anaheim Location with Significant Frontage on La Palma Avenue

Approximate 7% Cap Rate on Market Rents

Cap Rate:

5.16 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Anaheim Canyon (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink))	5 min	-	2.2 mi
	8 min	-	3.9 mi
Airport	Drive	Walk	Distance
John Wayne/Orange County	20 min	-	14.6 mi
Long Beach (Daugherty Field)	31 min	-	24.1 mi
Ontario International	38 min	-	28.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	53
Type:	Surface
Included in Rent:	Yes