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Closed
- Listed price
- $3,395,000
- Listed Oct 1, 2019
- Sold price
- $3,148,000
- Sold Dec 12, 2019
11,014 sqft lot|1963 Built|14 MLS days on market
324 E Leatrice Ln, Anaheim, CA 92802
Property Description
The Leatrice Lane Apartments is an eight-unit apartment building located in the highly desirable rental market of Anaheim, California within the Greater Orange County area. The property offers an attractive unit mix consisting of (2) four bedroom/ two bathroom units, (3) three bedroom/ two bathroom units, (1) three bedroom/ one bathroom unit, and (2) two bedroom/ one bathroom units totaling 9,036 square feet, situated on an 11,014 square foot lot. The property has gone through an extensive remodel of the interiors and exterior. Some interior upgrades include but are not limited to: new kitchens, stainless steel appliances, backsplashes, quartz countertops, new bathrooms, and new flooring. Common area amenities include: fresh landscaping, enclosed garages, and on-site laundry room. This offering represents a rare opportunity for an investor to acquire a turnkey, low expense, stable investment in the desirable rental market of Anaheim at a 5.9% CAP Rate and 13% Total Return on current income. The location offers high visibility in an area known for its strong tenancy, good rent growth, and a historically high occupancy rate.
Listing agent: Greg BassirpouDRE #01365951gbassirpou@marcusmillichap.com, Listing office: Marcus & Millichap RE Invest
MLS data updated 10/29/2026, 9:02:02 AM PT
Source: CRMLSMLS #: OC19233101
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,148,000
Dec 12, 2019
Available records22019
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92802 · Oct 2026
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No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92802 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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