Anaheim, CA 92801 1827 W Glencrest Avenue
$1,575,000



0 more
Presented By: Jason Kirklen with Kirklen Investment Group; 949-942-1302
Home Details
1827 W. Glencrest Avenue presents investors with the opportunity to acquire a well-maintained four-unit apartment community in the heart of Anaheim. The property features a highly desirable unit mix consisting of three spacious two-bedroom/one-bath units and one three-bedroom/two-bath unit, with each residence benefiting from washer and dryer hookups, garage parking, and select private patios—amenities that continue to drive strong tenant demand.
Current ownership has implemented a thoughtful interior renovation program designed to enhance resident appeal while minimizing future capital expenditures. Select units have been extensively updated with fresh interior paint, durable new flooring, modern kitchen cabinetry, updated countertops, new faucets, stainless steel sinks, new garbage disposals with updated plumbing, new ranges, contemporary range hoods, and new window blinds. These improvements provide residents with a modern living experience while positioning the property to achieve premium market rents.
Further enhancing the investment, the property is separately metered for gas and electricity, helping reduce operating expenses for ownership. Ideally located just minutes from the 5 and 91 Freeways, Anaheim Regional Medical Center, major retail centers, restaurants, and everyday conveniences, 1827 W. Glencrest Avenue offers investors a rare combination of stable in-place income, quality physical improvements, and long-term appreciation potential in one of Orange County's strongest rental markets.
Presented By: Jason Kirklen with Kirklen Investment Group; 949-942-1302
Interior Features for 1827 W Glencrest Avenue
Other Interior Features
Air Conditioning Y/NNo
Common Walls1 Common Wall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesElectric Dryer Hookup, Gas Dryer Hookup
Total Stories2
Other Rooms
Entry Level1
General for 1827 W Glencrest Avenue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate4.38
CityAnaheim
Community FeaturesCurbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
CoolingNone
CountyOrange
Directions5 North, Exit Right on Euclid, Left on Crescent, Right on Chippewa, Right on Glencrest
Electric Expense707
Entry Locationside
Fuel Expense1056
Garage Spaces4
Garage Y/NYes
Gross Income112752
HeatingForced Air
Insurance Expense4642
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, 1031 Exchange
Lot Size Square Feet5663
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
MaintenanceExpense3780
Net Operating Income68912
New ConstructionNo
Number Of Units Total4
Operating Expense40457
Pool FeaturesNone
PostalCityANAHEIM
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot6
Taxes$19,006
Tenant PaysElectricity, Gas
Trash Expense1916
Water Sewer Expense2102
Year Built1960
Year Built SourceAssessor
Exterior for 1827 W Glencrest Avenue
Building Area Total4108
Lot Features2-5 Units/Acre
Lot Size Acres0.13
Lot Size Area5663
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesAssigned, Garage Faces Rear
Private PoolNo
Total Parking4
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 • 4,108