1803-1807 W Sumac Ln

Anaheim is the economic and cultural heart of Orange County. With a population of approximately 347,000 and a rental occupancy rate of over 50%, Anaheim is a strong renter-driven market supported by consistent demand. The city boasts a median household income ranging from $76,000 to $89,000, and a median rent around $1,950/month, reflecting strong rental fundamentals with room for growth. Anchored by Disneyland Resort, Orange County’s largest employer, and complemented by major institutions like Kaiser Permanente, Honda Center, Angel Stadium, and the Anaheim Convention Center, the local economy benefits from a robust tourism and hospitality sector that draws over 25 million visitors annually. Anaheim also features the Anaheim Canyon business district, the largest industrial park in Orange County, offering a diverse employment base in healthcare, logistics, and manufacturing. This employment diversity provides a reliable tenant pool across income levels and job sectors. Investors benefit from a large, steady stream of working professionals, service employees, and seasonal staff looking for quality rental housing near their place of employment. For real estate investors, Anaheim delivers the ideal combination of population density, rental demand, economic stability, and tourism-driven resilience making it one of Southern California’s most compelling markets for multifamily and income property investment.Introducing a prime investment opportunity in Anaheim, CA! This 9,692 SF multifamily property, comprised of 14 units with a desirable mix of 1 & 2 bedrooms, is a lucrative find for the discerning investor. Boasting two separate parcels and zoned RM-4, this 1960-built property offers significant value-add potential, with an estimated 47% rental upside. Situated minutes away from notable attractions, including Disneyland Resort and Downtown Disney, tenants will enjoy convenient access to entertainment, shopping and employment opportunities. Additionally, the property features secure tenant parking with garages, on-site laundry facilities and a central courtyard for all tenants to use. Recent capital improvements include a hot water re-pipe, new gas lines (9 units), water heater (1807), and garage doors, making it a secure and promising addition to any investor's portfolio.