Anaheim, CA 92804 935 S Trident Street
$4,999,000



2 more


Presented By: Jason Kirklen with Kirklen Investment Group; 949-942-1302
Home Details
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 corridors, and an array of daily conveniences including Ralphs, Walgreens, Bank of America, and numerous dining options. Nearby schools including Clara Barton Elementary and Gilbert High School further reinforce the property's appeal to families and long-term renters.
With its stabilized income profile, desirable amenity set, proven ancillary income streams, and a prime West Anaheim location, South Trident Apartments represents a compelling acquisition for investors seeking a quality, lower-management-intensity asset with a clear path to enhanced returns as market rents continue their upward trajectory.
Presented By: Jason Kirklen with Kirklen Investment Group; 949-942-1302
Interior Features for 935 S Trident Street
Other Interior Features
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 935 S Trident Street
Additional Parcels Description12829127
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Cap Rate5.23
CityAnaheim
Community FeaturesCurbs, Gutter(s), Storm Drain(s), Sidewalks
CountyOrange
Directions5 North, Exit L on Ball Rd, R on S Trident
Electric Expense1084
Entry Locationcourtyard
Fuel Expense3653
Garage Spaces8
Garage Y/NYes
Gross Income412010
HeatingForced Air
Insurance Expense12066
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, 1031 Exchange
Lot Size Square Feet18084
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
MaintenanceExpense15120
Net Operating Income261210
New ConstructionNo
Number Of Units Total16
Operating Expense138440
Pool FeaturesNone
PostalCityANAHEIM
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot6
Taxes$61,210
Tenant PaysElectricity, Gas, Trash Collection
Trash Expense0
Water Sewer Expense4545
Year Built1958
Year Built SourceAssessor
Exterior for 935 S Trident Street
Building Area Total10678
Lot Features11-15 Units/Acre
Lot Size Acres0.4152
Lot Size Area18084
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters17
Number of Separate Gas Meters17
Number of Separate Water Meters2
Parking FeaturesDoor-Multi, Garage
Pool Charge3356
Private PoolNo
Total Parking8
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®

SQFT • 10,678