Property Description
721 West La Palma Avenue is a 12-unit multifamily investment property located in Anaheim, California. The property offers a highly desirable mix consisting exclusively of two-bedroom units, of which eight are townhome floorplans. Residents enjoy amenities such as private balconies, in-unit laundry, and ample parking in a gated parking garage. Additionally, current ownership has invested significant capital into interior and exterior improvements at 721 West La Palma Avenue including fresh paint, an automatic fire sprinkler system in the parking garage, and upgrades to air conditioning units, stairs, railings, and balconies. 721 West La Palma Avenue’s optimal North Orange County Location, situated between Downtown Anaheim and Downtown Fullerton, provides easy access to a plethora of unique shops, restaurants, and attractions. Additionally, the property places residents in close proximity to the regions top employers including the Anaheim Regional Medical Center, just over 0.25 miles from the property, as well as Disneyland, the Anaheim Convention Center, and California State University, Fullerton, which are all within a 3 mile radius of the property. Furthermore, the property provides residents with convenient access to State Routes 57 and 91, Interstate 5, and multiple train and transit stations, connecting residents to employment hubs throughout Southern California. Given the strength of the overall apartment market within the city of Anaheim, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of activities, transportation, and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 721 West La Palma Avenue.
Features
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Address Map
U.S.
California
Orange
Anaheim
92801
721 W La Palma Avenue
0
W118° 4' 20''
N33° 50' 50.9''
MLS Addon
$0
12,092 Sqft
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: No
4.3
30
Cross Streets of West La Palma Avenue & North Harbor Boulevard
30
: No
2

Residential Income For Sale Anaheim

721 W La Palma Avenue, Anaheim, Orange, California, 92801

13,068 Acre
Visits : 11 in 38 days
$4,850,000
Listing ID #OC24166762
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : OC24166762
Price : $4,850,000
Year Built : 1989
Lot Area : 13,068 Acre
Status : Active
Property Sub Type : Apartment
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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