120 N Belinda Circle, Anaheim, CA 92801

$1,570,000

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List Price
$1,570,000
Status
ACTIVE
MLS#
OC26238984
Year Built
1978
Lot Size
8,712
Acres
0.20
Lot Location
2-5 Units/Acre, Cul-De-Sac
Days on Market
0
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
West Anaheim

Property Description

We are pleased to present 120 N Belinda Cir, a 5-unit multifamily investment opportunity located in Anaheim, California. Built in 1978, the property totals approximately 4,331 rentable square feet on a 0.20-acre lot. The diverse unit mix includes one 3-bedroom / 1.5-bathroom townhouse, one 2-bedroom / 1-bathroom townhouse, one 2-bedroom / 1-bathroom flat, and two 1-bedroom / 1-bathroom flats. This range of floor plans appeals to a broad tenant base, from individuals to larger households seeking townhouse-style living. Each unit is equipped with a dishwasher, garbage disposal, and wall heater, providing functional in-unit conveniences. Ownership has also made meaningful capital improvements, including a newer hot water heater and $30,000 spent for installation of new balconies. The SB 721 balcony inspection requirements have been met. These completed items address key compliance and maintenance considerations for an incoming owner. An on-site laundry room exists and is currently being used for storage, presenting an opportunity for a new owner to add supplemental income. The property is situated in an established Anaheim residential neighborhood with excellent access to some of Orange County's premier employment and entertainment destinations, including Disneyland Resort, the Anaheim Packing District, Honda Center, Angel Stadium, and the Platinum Triangle. Residents benefit from close proximity to the 5, 57, and 91 Freeways, providing efficient regional connectivity throughout Orange County and Greater Los Angeles. With its strong location fundamentals, attractive unit mix, and long-term rental demand, 120 N Belinda Cir represents a compelling investment opportunity in one of Southern California's most desirable multifamily markets. Market 6.6% CAP Rate.

Additional Information

Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood
Pool Description
None
Heat
Wall Furnace
Roof
Composition, Mansard, Shingle
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$112,200
Operating Expense
33300

Listing courtesy of Listing Agent: Mark Bridge (Mark.Bridge@matthews.com) from Listing Office: Mark Bridge, Broker.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.