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Multifamily

French Quarter Apartments

927 S Webster Ave, Anaheim, CA 92804

Listing Price: $7,450,000

Cap Rate
4.78%
Number of Units
16
GRM
13.79
Price/Unit
$465,625
Price/Gross SF
$387.74
Gross SF
19,214

Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire French Quarter Apartments, a 16-unit multifamily investment property located at 927 South Webster Avenue in Anaheim, California.

Constructed in 1968, the property offers a total of approximately 19,214 rentable square feet situated on a 0.87-acre lot. The unit mix consists of two, one-bedroom units and fourteen, two-bedroom units, with an average unit size of approximately 1,200 square feet. Several floor plans are offered across the property, including both single-story flats and two-story townhome-style units, providing flexibility and appeal to a wide range of tenants. Amenities at the property include gated access, on-site laundry facilities, and carport parking, with direct access available for the townhome units. Select units also feature private patios.

French Quarter Apartments is located on South Webster Avenue, a desirable residential corridor for both renters and operators due to its quiet atmosphere and proximity to daily conveniences. The property benefits from its West Anaheim location, placing it within walking distance of elementary, middle, and high schools, making it especially attractive for families. In addition, residents enjoy easy access to local retail centers, public parks, and major regional destinations such as Knott’s Berry Farm, Buena Park Downtown, and Disneyland.

This offering presents an investor with the opportunity to acquire a well-situated property in a densely populated rental market with strong surrounding fundamentals.

Investment Highlights

  • Rare Anaheim Offering: Boutique 16-unit community in a supply-constrained market with strong rental demand and low vacancy rates
  • Highly Desirable Unit Mix: Predominantly two-bedroom townhomes with large layouts and functional floor plans that cater to families and working professionals
  • Attractive Amenity Package: Gated entry, on-site laundry, ample carport parking w/direct access for townhome units, & spacious patios (select units)
  • Optimal Anaheim Location: Situated near major employers and entertainment destinations including Knott's Berry Farm, Buena Park Downtown, and Disneyland, while also providing convenient access to retail centers, parks, and schools

Exclusively Listed By

Multifamily

French Quarter Apartments

Listing Price: $7,450,000

Cap Rate
4.78%
Number of Units
16
GRM
13.79
Price/Unit
$465,625
Price/Gross SF
$387.74
Gross SF
19,214

Investment Highlights

  • Rare Anaheim Offering: Boutique 16-unit community in a supply-constrained market with strong rental demand and low vacancy rates
  • Highly Desirable Unit Mix: Predominantly two-bedroom townhomes with large layouts and functional floor plans that cater to families and working professionals
  • Attractive Amenity Package: Gated entry, on-site laundry, ample carport parking w/direct access for townhome units, & spacious patios (select units)
  • Optimal Anaheim Location: Situated near major employers and entertainment destinations including Knott's Berry Farm, Buena Park Downtown, and Disneyland, while also providing convenient access to retail centers, parks, and schools

Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire French Quarter Apartments, a 16-unit multifamily investment property located at 927 South Webster Avenue in Anaheim, California. Constructed in 1968, the property offers a total of approximately 19,214 rentable square feet situated on a 0.87-acre lot. The unit mix consists of two, one-bedroom units and fourteen, two-bedroom units, with an average unit size of approximately 1,200 square feet. Several floor plans are offered across the property, including both single-story flats and two-story townhome-style units, providing flexibility and appeal to a wide range of tenants. Amenities at the property include gated access, on-site laundry facilities, and carport parking, with direct access available for the townhome units. Select units also feature private patios. French Quarter Apartments is located on South Webster Avenue, a desirable residential corridor for both renters and operators due to its quiet atmosphere and proximity to daily conveniences. The property benefits from its West Anaheim location, placing it within walking distance of elementary, middle, and high schools, making it especially attractive for families. In addition, residents enjoy easy access to local retail centers, public parks, and major regional destinations such as Knott’s Berry Farm, Buena Park Downtown, and Disneyland. This offering presents an investor with the opportunity to acquire a well-situated property in a densely populated rental market with strong surrounding fundamentals.

Exclusively Listed By

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