935 S Trident Street, Anaheim, CA 92804
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$4,999,000
Est. payment /mo
3 Beds
2 Baths
0.42 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26125414

Bedrooms 3

Lot Size 0.415 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

South Trident Apartments is a 16-unit multifamily investment opportunity comprised of two contiguous 8-unit buildings situated on a combined 18,084 square foot lot in the heart of West Anaheim. Built in 1958, the property offers a desirable unit mix of twelve one-bedroom/one-bathroom and four two-bedroom/one-bathroom units, providing a diversified income base that appeals to a broad range of renters seeking quality, affordable apartment living in one of Orange County's most sought-after submarkets. The property is a stabilized, income-producing asset with current rents at or near market rate, supported by meaningful ancillary income streams including RUBS, garage parking, laundry, and pet income generating strong in-place cash flow from day one. With a current CAP rate of 5.23% and a path to 6.37% at market rents, South Trident Apartments offers both stability and upside in a single well-located package. Residents benefit from an exceptional amenity package that is rare for properties of this vintage and size. The property features a sparkling swimming pool, on-site laundry rooms, 16 garage parking spaces, and gated entry all of which contribute to strong tenant retention and consistent occupancy. The mature, well-maintained landscaping and clean building exterior further enhance curb appeal and support the property's reputation as a desirable place to live. From a location standpoint, South Trident Apartments is exceptionally well-positioned. The property sits within close proximity to the I-5 Freeway, Disneyland Park and Resort, Knott's Berry Farm, Ball Road retail corr

Location

State CA

County Orange

Zoning Assessor

Direction 5 North, Exit L on Ball Rd, R on S Trident

Interior

Heating Forced Air Unit

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 12829126

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange


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MLS Router / San Diego MLS
Listed by Jason Kirklen, DRE#01939655 Kirklen Investment Group 

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935 S Trident Street