120 East Alberta Street

120 East Alberta Street, Anaheim, CA 92805

  • For Sale $1,850,000
  • Property Type Multi-Family
  • Property Size 5,609 SF
  • Units 6
  • Lot Size 0.3 Acre
  • Additional Rent Contact for pricing
  • Year Built 1922
  • Date Updated Jun 11, 2024
N/AThe Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 120 East Alberta Street, a 6-unit multifamily investment property located in Anaheim, California. The property has a market CAP rate of 6.60% and a market GIM of 10.67 on market rents. The property spans across 4 buildings, features more than 5,600 rentable square feet, and offers an attractive mix of two and three-bedroom units. Amenities include single-story construction (select units), security doors, garage parking, and spacious private yards and patios (select units). The property is situated in an optimal Anaheim location, just north of Downtown Anaheim, placing residents moments away from some of Orange County’s most popular destinations. 120 East Alberta Street is located within blocks of Pearson Park, granting residents convenient access to a variety of outdoor activities. Additionally, residents enjoy the property’s close proximity, within walking distance, to the Anaheim Packing District, a trendy culinary hub that is the premier destination in Downtown Anaheim. Furthermore, 120 East Alberta Street is just over 1.25 miles from Anaheim Plaza, providing residents easy access to everyday needs. The property is within a 1.10-mile radius of Interstate 5 and State Route 91, connecting residents to employment hubs throughout Orange and Los Angeles Counties. Given its optimal Anaheim location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 120 Alberta Street.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 6.60% CAP & 10.67 GIM on Market Rents | Value-Add Opportunity: Substantial Rental Upside
  • Offers Five, Two-Bedroom Units & One, Three-Bedroom Unit
  • Features a Unique Mix of Single-Story & Single-Family Construction
  • Spacious Private Yards & Patios
  • Garage Parking & Security Doors
  • Attractive Downtown Anaheim Location, Moments Away from Some of Orange County’s Most Popular Destinations
  • Within Walking Distance of Pearson Park, Granting Residents Convenient Access to a Variety of Outdoor Activities
  • Just Over 0.50 Miles from the Anaheim Packing District, a Trendy Culinary Hub that is the Premier Destination in Downtown Anaheim
  • Just Over 1.25 Miles from Anaheim Plaza, Providing Residents Easy Access To Everyday Needs
  • Within a 1.10-Mile Radius of Interstate 5 & State Route 91, Connecting Residents to Employment Hubs Throughout Orange & Los Angeles Counties

Contacts

broker

Christian Tait

The Leeson Group Marcus & Millichap

Location

Getting Around

  • Walk Score ®

    84/100 Very Walkable

  • Transit Score ®

    45/100 Some Transit

  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Anaheim, CA
  • Neighborhood The Colony
  • Zip Code 92805
  • Market Orange County

Points of Interest

  • Mickey's Toontown Depot

    1.81 miles

  • Fantasyland Station

    1.89 miles

  • Tomorrowland Station

    1.96 miles

  • Fullerton Metrolink

    2.00 miles

  • New Orleans Square Station

    2.09 miles

  • Buena Vista Street Stop

    2.25 miles

  • Hollywood East Stop

    2.30 miles

  • Carthay Circle Stop

    2.32 miles

  • Sunset Boulevard Stop

    2.35 miles

  • Anaheim Regional Transportation Intermodal Center

    3.34 miles

  • ARCO

    0.69 miles

  • World

    0.91 miles

  • Shell

    1.14 miles

  • ChargePoint

    1.43 miles

  • Shell

    1.44 miles

  • Volta

    1.50 miles

  • Costco Gasoline

    1.60 miles

  • Mobil

    1.60 miles

  • Arco

    1.63 miles

  • 76

    1.70 miles

  • Harbor Castmember Lot

    1.53 miles

  • Team Disney Anaheim Visitor Parking

    1.63 miles

  • TDA Parking Structure

    1.66 miles

  • Cast Member Parkinglot

    1.67 miles

  • Anaheim Resort Transport Parking

    1.68 miles

  • Pluto Parking Lot - Cast Member Parking

    1.77 miles

  • Pixar Pals Parking Structure

    2.00 miles

  • Student Parking

    2.00 miles

  • Staff Parking

    2.02 miles

  • Fullerton Transportation Center Parking Structure

    2.05 miles

  • City Center Motel

    0.05 miles

  • Palm Motor Lodge

    0.89 miles

  • Studio 6

    1.00 miles

  • The Hotel Fullerton

    1.13 miles

  • Howard Johnson Hotel and Conference Center

    1.14 miles

  • Howard Johnson by Wyndham Fullerton/Anaheim Conference Center

    1.17 miles

  • Quality Inn & Suites Anaheim Maingate

    1.25 miles

  • Classic Motel

    1.35 miles

  • Ramada by Wyndham, Anaheim Maingate North

    1.38 miles

  • Frontier Motel

    1.40 miles

  • Guadalajara

    0.04 miles

  • El Pollo Fino

    0.18 miles

  • Taco Boy

    0.19 miles

  • The Juke Joint Bar & Grill

    0.21 miles

  • Tandoori Garden

    0.32 miles

  • Mariscos To Go

    0.34 miles

  • Kookoo Grill

    0.37 miles

  • Subway

    0.38 miles

  • China Wall

    0.41 miles

  • Baja California

    0.42 miles

  • Saint Catherine's Military Academy

    0.57 miles

  • Horace Mann Elementary School

    0.73 miles

  • Anaheim High School

    0.75 miles

  • Zion Lutheran School

    0.77 miles

  • UEI College - Anaheim

    0.88 miles

  • Benjamin Franklin Elementary School

    0.88 miles

  • Abraham Lincoln Elementary School

    0.96 miles

  • Saint Anthony Claret School

    0.96 miles

  • Thomas Jefferson Elementary School

    1.05 miles

  • Sycamore Junior High School

    1.20 miles

  • Star Bright Montessori

    0.09 miles

  • Happy Hippo Preschool

    1.92 miles

  • KinderCare

    2.08 miles

  • Eastside Pre-school

    2.21 miles

  • Fullerton College Child Development Program

    2.65 miles

  • St. Paul's Preschool

    4.28 miles

  • Preschool Rooms

    4.29 miles

  • The Leaning Spot

    4.63 miles

  • Our Saviours Childrens Center

    4.86 miles

  • Childtime Of Orange

    5.28 miles

Frequently Asked Questions

How much does 120 East Alberta Street cost?

The space currently listed for sale at 120 East Alberta Street asks for $1,850,000.

What is the total square footage of 120 East Alberta Street?

120 East Alberta Street totals 5,609 square feet.

When was this property built?

120 East Alberta Street was built in 1922.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Christian Tait

The Leeson Group Marcus & Millichap