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Multifamily

312 N Citron St

312 N Citron St, Anaheim, CA 92805

Listing Price: $899,000

Cap Rate
2.43%
Number of Units
2
Price/Unit
$449,500
Price/Gross SF
$447.93
Gross SF
2,007

Investment Overview

Marcus & Millichap is pleased to present to market 312 North Citron Street, a highly desirable and spacious duplex in Anaheim, California. This offering presents a new investor with the opportunity to capture 38 percent potential upside in current rents and explore the potential to develop three ADU’s (buyer to verify). Seller has city-approved ADU plans in hand; contact listing agents for more details. 312 North Citron Street is a single-story 1953 construction with two two-bedroom/one-bath units that average over 1,000 square feet. The units are separately metered for gas and electricity, and each unit has its own private side yard. The property also features two single-car garages and shared on-site laundry. The property boasts a great rental location across from Anaheim High School, around the corner from St. Catherine’s Academy, walking distance to Pearson Park, and proximate to retail and the 5 Freeway. 312 North Citron Street is offered as part of a portfolio along with a duplex in Long Beach and a triplex in Long Beach. Properties may be acquired separately or together. Please see page 10 of the OM for additional information and contact listing agents for further details.

Investment Highlights

  • Duplex With Spacious Two-Bed/One-Bath Units That Average Over 1,000 Square Feet
  • 38 Percent Potential Upside in Rents
  • Potential to Develop Three ADU's | Seller Has City-Approved ADU Plans In Hand (Buyer to Verify)
  • Property Features Private Patios, Shared Laundry, and Two Single-Car Garages
  • Great Location Across From Anaheim High School, Around the Corner From St. Catherine's Academy, Walking Distance to Pearson Park, and Proximate to Retail and the 5 Freeway

Exclusively Listed By

Financing By

Multifamily

312 N Citron St

Listing Price: $899,000

Cap Rate
2.43%
Number of Units
2
Price/Unit
$449,500
Price/Gross SF
$447.93
Gross SF
2,007

Investment Highlights

  • Duplex With Spacious Two-Bed/One-Bath Units That Average Over 1,000 Square Feet
  • 38 Percent Potential Upside in Rents
  • Potential to Develop Three ADU's | Seller Has City-Approved ADU Plans In Hand (Buyer to Verify)
  • Property Features Private Patios, Shared Laundry, and Two Single-Car Garages
  • Great Location Across From Anaheim High School, Around the Corner From St. Catherine's Academy, Walking Distance to Pearson Park, and Proximate to Retail and the 5 Freeway

Investment Overview

Marcus & Millichap is pleased to present to market 312 North Citron Street, a highly desirable and spacious duplex in Anaheim, California. This offering presents a new investor with the opportunity to capture 38 percent potential upside in current rents and explore the potential to develop three ADU’s (buyer to verify). Seller has city-approved ADU plans in hand; contact listing agents for more details. 312 North Citron Street is a single-story 1953 construction with two two-bedroom/one-bath units that average over 1,000 square feet. The units are separately metered for gas and electricity, and each unit has its own private side yard. The property also features two single-car garages and shared on-site laundry. The property boasts a great rental location across from Anaheim High School, around the corner from St. Catherine’s Academy, walking distance to Pearson Park, and proximate to retail and the 5 Freeway. 312 North Citron Street is offered as part of a portfolio along with a duplex in Long Beach and a triplex in Long Beach. Properties may be acquired separately or together. Please see page 10 of the OM for additional information and contact listing agents for further details.

Exclusively Listed By

Financing By

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