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601 N Pauline St
Anaheim, CA 92805 The Colony

$2,350,000 USD

Apartments For Sale  •  5,134 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,136 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 6.43 %
  • Zoning Multifamily
50 Transit Score
60 Walk Score

Highlights

Well-maintained 8-unit multifamily asset located in a strong Anaheim rental corridor
Desirable garden-style building with excellent curb appeal and efficient low-rise design
Larger square foot 1-Bed / 1-Bath units and newer double pane vinyl windows
Approximately 5,136 SF of rentable space situated on a sizeable ±0.23 AC lot
Each unit includes private one-car garage parking, and additional street parking
Individually metered for gas and electricity, helping reduce owner utility expenses

Financial Summary (Actual)

Net Operating Income: $151,153 USD (2025)
Cap Rate: 6.43 %
Total Expenses: $55,144 USD

Amenities

  • Cable Ready
  • Disposal
  • Gated
  • Oven
  • Range
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
Fullerton (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 2.7 mi
10 min - 4.9 mi
AirportDriveWalkDistance
John Wayne/Orange County 21 min - 15.1 mi
Long Beach (Daugherty Field) 30 min - 16.9 mi
Ontario International 42 min - 31.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Mark Bridge 949-681-8388 The Bridge Multifamily Team at Matthews
Mark Bridge 949-681-8388 The Bridge Multifamily Team at Matthews