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612 N Olive St
Anaheim, CA 92805 The Colony

Price Upon Request

Apartments For Sale  •  18,229 SF

Property Details

  • Property Type Apartments
  • Total Building Size 18,229 SF
  • Lot Size 0.76 AC
  • Building Class C
  • Year Built 1951
  • Zoning RS-3
45 Transit Score
74 Walk Score

Highlights

Single Story Construction on 32 787 Sq. Ft. of Land
Three Separate Parcels of Land (this could eliminate your need for an On-Site Manager)
Potential to sell each Parcel Individually in the Future
Great Value Add Upside - 7.07% Pro-forma CAP Rate - 5.34% Current CAP Rate
Potential for Residential Financing for the Two - 4-Plexes & Commercial Debt for the 9 units
First time on the market since 1984

Amenities

  • 24 Hour Access
  • Controlled Access
  • Gated
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
Fullerton (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 6 min - 2.3 mi
10 min - 5.0 mi
AirportDriveWalkDistance
John Wayne/Orange County 21 min - 15.0 mi
Long Beach (Daugherty Field) 29 min - 16.7 mi
Ontario International 42 min - 31.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes