Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25272769
HOA Y/N No
Year Built 1973
Property Sub-Type Apartment
Property Description
Situated on a generous 8,180 SF lot, the subject property provides attractive amenities including washer/dryer hookups, (5) garage parking spaces, (1) open parking space, private patios, and private balconies. These conveniences contribute to strong resident demand and long-term occupancy.
Current ownership has demonstrated meticulous care and a proactive approach to maintenance. 3/4 units have been updated in recent years with improvements such as new flooring, fresh paint, and granite countertops in select units. Additional improvements include new exterior paint for the building six months ago and new automatic garage doors three years ago. The building is also equipped with copper plumbing and separate 40-gallon water heaters for each unit. This hands-on approach ensures minimal deferred maintenance, allowing a new owner to benefit from reduced turnover costs and stable operations from day one.
3555 W Cerritos Avenue represents an outstanding opportunity for an astute investor to acquire a well-maintained asset with proven upside. With its desirable Anaheim location, quality renovations, steady rental demand, and potential for continued rent growth, this property is optimally positioned to deliver strong cash flow and long-term appreciation.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Assigned
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 13439305
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
