1602 1608 W Juno Avenue, Anaheim, CA 92802
List Price: $4.75M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1960
Lot Size: 19,602 sq ft
Garage Spaces: 16
Private Pool: Yes
MLS Number: OC26138054
About This Property
1602 - 1608 West Juno Avenue is a 16+1 unit multifamily offering located in Anaheim, California. The property consists of two side-by-side apartment buildings on separate legal parcels, connected by a shared central courtyard. The unit mix includes 1 non-conforming studio, 12 one bed/one bath units, and 4 two bed/one bath units. The asset is supported by gated access, garage parking, two laundry rooms, and two main water heaters. Built in 1960, the property offers a strong combination of completed renovation work and remaining upside. 15 of the 17 total units have been renovated and 2 units remain in original condition. This provides investors with a mostly stabilized asset profile while preserving a clear path to increase income through targeted interior upgrades, continued rent optimization, and improved operation of the remaining non-renovated units. Additional value may be available through future ADU creation, subject to approval by the City of Anaheim and any other applicable authorities. With most of the renovation program already completed, 1602 - 1608 West Juno Avenue offers investors an Anaheim multifamily opportunity with strong in-place appeal, remaining unit-level upside, and additional long-term potential through future ADU creation.
Listing provided by: Tyler Leeson DRE #01451551 949-419-3200 tleeson@marcusmillichap.com, Marcus & Millichap RE Invest
Source: CRMLS, MLS #: OC26138054