$1,350,000

2134 S Acama Street, Anaheim, CA 92802

  • 3,434 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon2,444sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $393/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

2134 Acama St. is an ideal investment for an investor who wants minimum management responsibilities, great investment potential, and great cash flow. ------MANAGEMENT RESPONSIBILITIES-----The owner’s management responsibilities are minimized because the Homeowners Association manages and pays for all the following: insurance, daily grounds clean-up and inspections, landscaping, patrol service, pool service, laundry room, roofs, building painting/repairs, gates, fences, walkways, utilities, and a monthly contribution to a reserve fund that has over $450,000 dedicated to future expenses; all at a cost of only $735 per month. Owners of most other 4-unit buildings would have to pay much more for all those expenses. The major responsibility of the owner of this building is to collect rents. All current tenants use electronic rent payments, are never late, and, therefore, this property is ideal for someone who wants income, growth with inflation protection, and minimum time expenditure. ----GREAT INVESTMENT POTENTIAL------This location of this building ensures continued growth in value. It is one short block east of Harbor Blvd about one-half mile south of Disneyland. Within a ten-minute walk there are many major hotels, restaurants, and businesses that offer employment for residents. Proximity to employment opportunities also means increasing demand for rentals, higher rents, fewer vacancies, which results in increasing property values. Other similar 4-unit rental properties are often in areas that have stable, not increasing, demand and consequently, limited upside potential.-----GREAT CASH FLOW ------This property’s Net Operating Income for the next 12 months will be about $72,480, substantiated by current leases, which are guaranteed by the seller. At a sale price of $1,350,000 and NOI of $72,480 the CAP rate is 5.4%. Other similar 4-unit investment properties have significantly lower CAP rates, often below 4% when accounting for realistic income (not “Pro Forma” income) and realistic comprehensive expenses. All two story 1 bedroom, 1.5 bath units , wall a/c units, each with patio and balcony. All units have garages with openers. Two units are in the gated common area overlooking the pool, other two face the street.

Listing Status:
Active
Date Added:
September 5, 2025 at 05:00AM
Listing Office:
Investment Brokers O.C. : 714-870-7870
Listing Agent:
Rick Violett : 714-870-7870
MLS ID:
PW25198911
  • General: BalconyAll Bedrooms Up
  • Appliances: Electric RangeElectric Water HeaterDisposal
  • Laundry: Common Area
  • Flooring: CarpetLaminateTileVinyl
  • A/C: Wall/Window Unit(s)
  • Heating: DuctlessElectricRadiant
  • Fireplace: None
  • Disability Feature: None
  • General: None
  • Pool: FencedFilteredGuniteHeatedAssociation
  • Parking: GarageGarage Door OpenerOff SiteOn StreetParking spaces: 4
  • General: DrywallStuccoWood Siding2Slab
  • Road/Access: AlleyCity Street
  • HOA Amenities: InsuranceMaintenance Front YardPoolPet RestrictionsSewer735.0Monthly
  • Originating MLS: CRMLS_CRM
  • County: Orange
  • Zoning: 93017419
  • View: CourtyardPoolView
  • Fencing: Wrought Iron
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected220 Volts in Kitchen
  • Water: Public
  • Sewer: Sewer Tap Paid
  • Source: CRMLS_CRM

This listing courtesy of Rick Violett, Investment Brokers O.C.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Ball Junior High School

1500 W Ball Rd, Anaheim, CA, 92802

Grades 7-8

1.93 miles away

L

Loara High School

1765 W Cerritos Ave, Anaheim, CA, 92804

Grades 9-12

2.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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