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1251 N Placentia Avenue — Anaheim — 39,504 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+7 more

$17,750,000

0 DOM

$449/sqft— bd— ba39,504 sqft

Call

1251 N Placentia Ave Anaheim, CA 92806

1.95acre lot

Opportunity to acquire the OC Apartment Homes, a 56-unit multifamily community in Anaheim situated on 1.95 acres. The property features three two-story, garden-style buildings with a unit mix of one- and two-bedroom floorplans. Amenities include a landscaped courtyard, pool and spa, BBQ area, and on-site laundry. The asset operates with in-place RUBS and offers ADU potential for additional upside.Recent improvements include electrical upgrades, roof work, and renovated interiors with quartz countertops, modern cabinetry, vinyl windows, and updated flooring. Units feature air conditioning, gas heating, and are pre-wired for cable. The property is strategically located near State College Blvd. and N. Placentia Ave., providing strong access to surrounding employment and retail corridors.

MLS 26711261

949-423-6111 (Office) 949-423-6111 (Cell) dan.blackwell@cbre.com

Est. payment

$113,421/mo

Principal & interestTaxesInsurance

$89,754$18,490$5,177

Down %

Rate %

Years

Down payment: $3,550,000 · Total cost: $35,861,317

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$113,421/mo

Principal & interest: $89,754
Est. property tax: $18,490
Est. insurance: $5,177
Down payment: $3,550,000

Est. gross rent$73,958/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-39,463/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 13, 2026	$17,750,000	—

Facts & Features

Structure & Property

Year Built1973

949-423-6111 (Office) 949-423-6111 (Cell) dan.blackwell@cbre.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1251 N Placentia Avenue, Anaheim, CA 92806

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Call

1251 N Placentia Ave Anaheim, CA 92806

About this home

Daniel Blackwell

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Daniel Blackwell

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1251 N Placentia Avenue, Anaheim, CA 92806

About This Property

Property Photos

1251 N Placentia Ave Anaheim, CA 92806

About this home

Daniel Blackwell

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Daniel Blackwell

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.