2321 East Omega Avenue

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2321 East Omega Avenue

Anaheim, CA 92806
Asking Price
$1.90M
Cap Rate
4.97%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Anaheim
  • Fourplex configuration featuring fully renovated residential units
  • Investment priced at an asking price of 1,899,000
  • Asset maintains an established cap rate of 4.97 percent
  • Convenient location near Disneyland and major regional employers

What's Special

This multifamily apartment building at 2321 East Omega Avenue in Anaheim, California, is currently available for sale, presenting a suitable acquisition for residential investors seeking a turnkey asset. The fourplex has undergone renovations, ensuring the property is move-in ready for incoming tenants. Its strategic positioning in Anaheim places it within close proximity to major local employers and the Disneyland Resort, which historically drives consistent rental demand in this Orange County submarket. This area benefits from a robust regional economy and access to key transportation corridors, making it a viable addition to a residential investment portfolio. Given the fully renovated condition of the units, the property is positioned to serve individuals or families looking for quality housing options in a highly accessible suburban setting near various lifestyle amenities and employment hubs.

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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,395.216
Annual Cash Flow
$-32,742.59

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