The Listing Lowdown: 111 E Alberta St. & 605 N Claudina St., Garden Grove, CA

The Swanson Apartment Team News

111 E Alberta St. & 605 N Claudina St., Garden Grove, CA

For Sale: 15 Units in Anaheim

111 E Alberta St and 605 N Claudina St., Anaheim, CA

· Diverse Unit Mix:
– 2 – 3 Bedroom / 2 Bath Houses (13%)
– 1 – 3 Bedroom / 1.5 Bath House (7%)
– 1 – 3 Bedroom / 1 Bath House (7%)
– 1 – 2 Bedroom / 1 Bath House (7%)
– 3 – 2 Bedroom / 1 Bath (20%)
– 7 – 1 Bedroom / 1 Bath (47%)
· 9 Garages, 16 Open Parking Spaces, and 1 Extended Tandem Driveway.
· Located in Anaheim’s Historic Colony District.
· Main Electrical Panels have been Upgraded. All Roofs Replaced 10 +/- years ago.
· Value-Add (5.32% Actual CAP Rate, 7.34% Pro-Forma CAP Rate)
· Low Density Environment – Two Parcels Situated on 28,155 Sq. Ft. of Land.
· Almost an Entire City Block! Potential Future Development.

Listing Price: $4,695,000

Interested in learning more? Check out our podcast The Listing Lowdown above for a more in-depth look at this unique property.

For more information contact teamswanson@streamrealty.com