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Listed by Tyler Leeson, DRE #01451551 • Marcus & Millichap RE Invest
$ 4,750,000
Est. payment /mo
Active
1602 1608 W Juno AVE Anaheim, CA 92802
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26138054
Year Built 1960
Source California Regional MLS
Property Description
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.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Laundry Community Facility
Exterior
Garage Spaces 16.0
Pool None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 25015212
Special Listing Condition Not Applicable
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