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302-302 1/2 N Bush St
Anaheim, CA 92805

$1,995,000 USD

Apartments For Sale  •  4,053 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,053 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1956
  • Cap Rate 4.90 %
39 Transit Score
70 Walk Score

Highlights

New Electrical Panels
Projected 27% in Rental Upside; 6.8% Cap Rate on Market Rents
Carports
Prime Anaheim Loction Near the Anaheim Packing District
First Time on the Market in Over 55 Years

Financial Summary (Actual)

Net Operating Income: $97,701 USD (2024)
Cap Rate: 4.90 %
Total Expenses: $41,277 USD

Amenities

  • 24 Hour Access
  • Kitchen
  • Oven
  • Tub/Shower
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Fullerton (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 3.0 mi
Anaheim (Pacific Surfliner - Amtrak) 8 min - 4.4 mi
AirportDriveWalkDistance
John Wayne/Orange County 20 min - 15.2 mi
Long Beach (Daugherty Field) 29 min - 16.9 mi
Ontario International 40 min - 31.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: Surface
Included in Rent: Yes
Paul Espinosa 949-629-7640 Morgan-Skenderian Investment Real Estate Group
Paul Espinosa 949-629-7640 Morgan-Skenderian Investment Real Estate Group