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921 - 925 W Lodge Ave - Availability Details

921-925 W Lodge Ave, Anaheim, CA 92801

  • For Sale $3,800,000
  • Property Type Multi-Family
  • Property Size 8,363 Sqft
  • Lot Size 0.35 Acre
  • Year Built 1957
  • Date Updated Sep 08, 2021
Anaheim has seen a steady increase in demand for apartment units as rental prices are still relatively low compared to other neighborhoods in Orange County. Recent development projects nearby such as the LT Platinum Center, Jefferson Stadium Park and A Town have attracted additional buzz. Anaheim is close to an astonishing variety of activities including dining & shopping options at Downtown Disney, concerts at the House of Blues, and events at the Anaheim Convention Center.    Residents of Lodge Ave enjoy the building for a combination of reasons including accessibility to quick transportation, quality schools and universities, nearby parks and of course the Disneyland/California Adventure theme parks. The building is very close to a number of shops and restaurants including: Starbucks, Target, CVS Pharmacy, In-N-Out Burger, and Costco. Sports fans will find the location particularly appealing due to its convenient location close to The Honda Center and Angel Stadium. Transportation is especially easy because the neighborhood is in close proximity to the 5 freeway. With the neighborhood being located close to both DisneyLand and West Coast University, a high concentration of tourists and students tend to be in the area, creating a lively and desirable atmosphere.   For the right investor, this multi-family asset will represent a great opportunity to generate years of steady cash flow and a higher than average ROI. The close proximity to so many restaurants and well-known attractions will lead to increased appreciation as the urban neighborhood lacks additional space for more apartment building projects to be developed. Enrollment numbers continue to grow at the two nearby university campuses assuring a continued uptick in demand for student housing as well. With a few updates to fixtures and aesthetics, a significant increase in rental income will be achievable.
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Location

  • City Anaheim, CA
  • Neighborhood Northwest Anaheim
  • Zip Code 92801
  • Market Orange County

Contacts

broker

Ryan C. Rayburn

Centennial Advisers

(562) 317-1106

Highlights

  • (16) 1 bed + 1 bathroom units on two adjacent parcels
  • Convenient location that is close to Downtown Anaheim and the 91 freeway
  • Significant upside rental income
  • 16 off-street parking spaces
  • 2 laundry rooms with owned machines

Frequently Asked Questions

What year was 921 - 925 W Lodge Ave built and finished?

921 - 925 W Lodge Ave was completed in 1957.

Contact Listing Broker

broker

Ryan C. Rayburn

Centennial Advisers

(562) 317-1106

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