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- LoopNet Team
3147 W Lanerose Dr
Anaheim, CA 92804
Build-to-Rent Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Total Plot Size | 0.38 ac |
| Property Type | Build-to-Rent | Property Size | 5,290 sq ft |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Costar Property Class | C | Parking Allocation | 1.32/1,000 sq ft |
| Use Class | RM-2 | ||
| No. Units | 6 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.38 ac |
| Property Size | 5,290 sq ft |
| No. Floors | 2 |
| Year Built | 1970 |
| Parking Allocation | 1.32/1,000 sq ft |
| Use Class | RM-2 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
ABOUT 3147 W LANEROSE DR , ANAHEIM, CA 92804
Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 3147 West Lanerose Drive, a 6-unit multifamily investment opportunity located in West Anaheim, California. The 5,291 square foot property consists entirely of two-bedroom floor plans measuring approximately 882 SF. Built in 1970, the property offers amenities including open parking, garage parking, and on-site laundry. 3147 West Lanerose Drive is less than two miles from Adventure City, West Anaheim Medical Center, Cypress College and Knott’s Berry Farm. The West Anaheim submarket is among the strongest perfoming areas in metro Orange County, with an average occupancy of 97.1 percent (3Q 2018) and average effective rent increase of 3.60 percent (year-over-year since 3Q 2017), demonstrating the strong demand for rental housing. Anaheim’s central location, strong economic growth, and unmatched local attractions have made it one of Southern California’s most desirable and versatile markets. Given the strength of the overall apartment market within the city of Anaheim, the property offers an investor the ability to capture quality tenants seeking a great neighborhood with convenient access to a wide variety of activities, transportation and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 3147 West Lanerose Drive.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 2+2 | 6 | £1,598 | 882 |
PROPERTY TAXES
| Parcel Number | 079-571-22 | Improvements Assessment | £239,442 |
| Land Assessment | £1,678,428 | Total Assessment | £1,917,870 |
PROPERTY TAXES
