927 S Bruce Street, Anaheim, CA 92804

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Property Description

We are pleased to present the investment opportunity of the Stonecrest Villas, a single story garden style, 14 unit apartment community situated in the picturesque West Anaheim. This property boasts three immaculately maintained buildings with abundant parking and stunning landscaping that creates a spacious and inviting environment. The majority of the apartments feature one bedrooms and include a patio, large mirrored closets, and wall air conditioning and heating units. Each building has its own water heater for added convenience and plenty of hot water. Additionally, approximately 50% of the units have been recently upgraded, adding even more value to the property. The Stonecrest Villas has consistently generated strong cash flow for the seller and presents a unique opportunity for an investor to acquire a well maintained asset with tremendous potential for an estimated 30% increase in rental income. By maximizing this potential, investors can expect to achieve a compelling 7% cap rate based on market rents. Don’t miss out on this outstanding investment opportunity!


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 927 S Bruce Street
City Anaheim
State CA
Zip 92804
County Orange
Listing Agent James Wardlaw DRE #02061381
Courtesy Of Triqor Group
List Price $3,700,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 25,081
Year Built 1959

Listing information courtesy of: James Wardlaw, Triqor Group. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.