Anaheim Hills For Profit/Affordable/Senior Housing Conversion Opportunity

For Sale

5710 E La Palma Ave, Anaheim, CA 92807

This Anaheim property for sale is located at 5710 E La Palma Ave. The general use of Anaheim Hills For Profit/Affordable/Senior Housing Conversion Opportunity is multi-family and it incorporates 60,312 square feet of class C multi-family space. The current listed sale price for Anaheim Hills For Profit/Affordable/Senior Housing Conversion Opportunity is $25,000,000. Anaheim Hills For Profit/Affordable/Senior Housing Conversion Opportunity is situated on a lot that is 2.89 acre in size.

Contacts

broker
Luis Vazquez

Sperry Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 60,312 SF
  • Units 118
  • Lot Size 2.89 Acre
  • Building Class C
  • Year Built 1979
  • Date Updated May 1, 2025
This Conversion Opportunity is located in Anaheim Hills. Anaheim Hills is a community in Orange County in Southern California, directly south of Yorba Linda. Although it is part of Anaheim, it does not border central Anaheim and is geographically separated from that part of the city, so the name Anaheim Hills is used to distinguish it from Anaheim. The Property is located just to the West and is visible from the 91 Freeway off of the Imperial Highway off-ramp. From this offramp the Nixon Presidential Museum is just to the West in the adjacent City of Yorba Linda.This is an opportunity to convert the Property to a Permanent Residential Property. Currently zoned General Commercial, the City of Anaheim has advised the Seller that the City is desirous of changing the Zoning to Mixed Use Medium. This Zoning change will allow for the conversion of the Property to Permanent Housing. The timing on the change is anticipated to be the middle of June 2025 per the City Planning Department. The Property is currently the Motel 6 and Studio 6 Anaheim Hills. It is comprised of 118 rooms, a large common area with a large pool that can possibly be repositioned as additional living space for the Conversion. Included in Studio 6 are 28 suites. Situated on an approximate 2.9 acre lot, the Property has ample parking 119 spaces.
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Highlights

  • - Anaheim Hills, Adjacent to Yorba Linda and Near Nixon Presidential Museum
  • - Large 2.99 Acre Lot (Per Assessor)
  • - Current Zoning to be Converted from General Commercial to Mid Mixed Use
  • - Permanent Housing Allowed in Zoning Change to Mid Mixed Use
  • - Across the Street from Significant Retail Establishments (McDonald's, Jack In the Box, In and Out, CVS, Etc.)
  • - Excellent Street Exposure with Freeway Signage Visibility
  • `` Pro Forma 7.4 Cap Rate
  • - Seller experienced with the Conversion Process

Getting around

  • 71/100

    Walk Score ®

  • 33/100

    Transit Score ®

  • 71/100

    Bike Score ®

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Location

  • City Anaheim, CA
  • Neighborhood Canyon District
  • Zip Code 92807
  • Market Orange County

Points of Interest

  • Orange

    6.20 miles

  • Anaheim Regional Transportation Intermodal Center

    6.28 miles

  • Tomorrowland Station

    7.92 miles

  • Mickey's Toontown Depot

    8.00 miles

  • Fantasyland Station

    8.07 miles

  • The Hub

    8.09 miles

  • Sunset Boulevard Stop

    8.13 miles

  • Hollywood East Stop

    8.15 miles

  • Main Street Station

    8.15 miles

  • Buena Vista Street Stop

    8.20 miles

  • Shell

    0.08 miles

  • Anaheim - Imperial Hwy

    0.42 miles

  • Mobil

    1.53 miles

  • Chevron

    2.26 miles

  • ChargePoint

    2.48 miles

  • Tesla Supercharger

    2.48 miles

  • 76

    2.66 miles

  • Costco Gasoline

    2.82 miles

  • Blink

    6.80 miles

  • Volta Charging Station

    6.92 miles

  • Faculty Parking

    1.12 miles

  • Lincolin East Park and Ride

    3.03 miles

  • Santiago Creek Bike Trail Parking

    3.09 miles

  • Physician Parking

    3.12 miles

  • Emergency Parking

    3.12 miles

  • Ambulance Parking

    3.15 miles

  • Lincoln West Park and Ride

    3.16 miles

  • Chino Hills SP Fairmont Staging Area

    3.17 miles

  • Student Parking

    3.33 miles

  • Best Western Anaheim Hills

    0.02 miles

  • Fairfield Inn

    0.34 miles

  • Residence Inn

    2.20 miles

  • American Inn & Suites

    2.70 miles

  • Extended Stay America - Anaheim Hills

    2.92 miles

  • Ayres Suites Yorba Linda

    2.94 miles

  • Extended Stay America - Orange County - Yorba Linda

    3.05 miles

  • Villa Park Motel

    3.63 miles

  • 7 Crowns

    3.67 miles

  • Embassy Suites Anaheim North

    3.69 miles

  • Wholesome Choice Market

    0.17 miles

  • Vons

    0.62 miles

  • Stater Bros. Markets

    1.01 miles

  • Big Lots

    1.09 miles

  • Trader Joe's

    2.14 miles

  • TJ Maxx

    2.38 miles

  • Stater Bros.

    2.45 miles

  • Smart & Final

    2.49 miles

  • Target

    2.50 miles

  • Sprouts Farmers Market

    2.76 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Luis Vazquez

Sperry Commercial

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