601 N Pauline ST, Anaheim, CA 92805
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601 N Pauline ST, Anaheim, CA 92805
601 N Pauline ST, Anaheim, CA 92805
601 N Pauline ST, Anaheim, CA 92805
601 N Pauline ST, Anaheim, CA 92805
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601 N Pauline ST Anaheim, CA 92805

10,018 Sqft Lot


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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Anaheim Colony Neighborhood

MLS Listing ID OC26120123

HOA Y/N No

Year Built 1961

Lot Size 10,018 Sqft

Property Sub-Type Apartment

Property Description

Current 6.4% CAP Rate! We are pleased to present 601 N Pauline St, a prime multifamily investment opportunity located in the thriving Anaheim rental market. Built in 1961, the property consists of eight well-maintained 1-bedroom / 1-bathroom units totaling approximately 5,134 square feet on a ±0.23-acre lot. The property features a desirable low-rise garden-style layout with strong curb appeal and functional floor plans averaging approximately 640 square feet per unit.

Each unit includes its own living room, kitchen with garage and uncovered parking, providing an attractive amenity package for tenants. Ownership benefits from separately metered gas and electric utilities, helping minimize operating expenses, while the on-site laundry facility with newer washers and dryers provide added tenant convenience and supplemental income potential. The property's pitched roof design, newer hot water heater, ample parking, and well-maintained condition further contribute to its long-term investment appeal.

Ideally situated near Anaheim Boulevard and Lincoln Avenue, the property offers convenient access to major employment and entertainment destinations including the Anaheim Packing House, Disneyland, Honda Center, and Angel Stadium. Residents also enjoy close proximity to the 5, 57, and 91 Freeways, providing strong regional connectivity throughout Orange County and surrounding areas.

Location

State CA

County Orange

Area 78 - Anaheim East Of Harbor

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Flooring Carpet, Laminate, Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Disposal, Gas Oven, Gas Range, Range Hood

Laundry Common Area

Exterior

Parking Features Assigned, Garage, Paved

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Roof Type Composition,Shingle

Total Parking Spaces 10

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 03516524

Energy Description 816.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


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Listed by Mark Bridge Mark Bridge, Broker Mark.Bridge@matthews.com, DRE #01316702
Stephen Blais

Stephen Blais

Agent | License ID: 1172278

+1(310) 387-2298

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601 N Pauline ST