Anaheim, CA 92804,229 S Delano #4
Anaheim, CA 92804,229 S Delano #4
Anaheim, CA 92804,229 S Delano #4
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
25
Jan
Mon
26
Jan
Tue
27
Jan
Home Base Realty

Home Base Realty

+1(562) 581-5096
$1,850,000
Est. payment /mo
7,840 Sqft Lot
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision S Of Lincoln Ave. W Of Beach Blvd.

MLS Listing ID OC25275804

HOA Y/N No

Rental Info Month To Month

Year Built 1968

Lot Size 7,840 Sqft

Property Sub-Type Quadruplex

Property Description

Excellent opportunity to acquire a fully occupied 4-unit property on a cul-de-sac, in the highly desirable West Anaheim rental market. This well-maintained Covington model fourplex is widely regarded as one of the most sought-after 4-plex designs in the area due to its functional layouts, private garages, and strong tenant appeal. Calculated with the current rent increase set for Feb. 1, 2026, The property will be operating at a Gross Rent Multiplier (GRM) of 15.60 with a Cap Rate of approximately 5.36%, offering immediate income with clear upside potential through future rent increases and potentially additional parking income. All four units are occupied by strong, long-term tenants, providing stability and consistent cash flow. Each unit has been updated with newer kitchens and bathrooms, along with newer carpeting and laminate flooring, making the property well positioned for continued tenant retention and future rent growth. Key features include: Private garages for each unit with interior garage laundry, Additional community laundry, creating multiple income streams, Updated windows, Well-maintained exterior and systems, Attractive grass yard courtyard area, enhancing tenant livability and curb appeal, Additional parking income potential. The property is ideally located near major freeway access, shopping, dining, and is just minutes from world-class theme parks, making it extremely attractive to renters and supporting long-term demand. This is a turn-key investment with stable in-place income, desirable unit features, and meaningful upside for investors seeking a well-located Anaheim asset with proven performance and future growth potential.

Location

State CA

County Orange

Area 79 - Anaheim West Of Harbor

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplaces Type Living Room

Equipment Satellite Dish

Fireplace Yes

Appliance Dishwasher, Disposal, Gas Oven, Water Heater

Laundry Common Area, In Garage

Exterior

Parking Features On Street

Garage Spaces 5.0

Garage Description 5.0

Fence Average Condition, Block

Pool None

Community Features Curbs

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Amenities Available Maintenance Front Yard, Trash

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 5

Private Pool No

Building

Lot Description Cul-De-Sac, Sprinkler System, Yard

Faces East

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 13527121

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Erik Kaiser RE/MAX TerraSol erikfkaiser@gmail.com

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Cerritos Elementary School

    Public | KG - 6

  • 10

    George B. Miller Elementary School

    Public | KG - 6

  • 10

    Patton Elementary School

    Public | KG - 6

  • 9

    Juliet Morris Elementary School

    Public | KG - 6

  • 9

    Frank Vessels Elementary School

    Public | KG - 6

  • 9

    Buena Terra Elementary School

    Public | KG - 6

  • 8

    Glen H. Dysinger Sr. Elementary School

    Public | KG - 6

  • 8

    Peter Marshall Elementary School

    Public | KG - 6

  • 8

    Louis G. Zeyen Elementary School

    Public | KG - 6

  • 8

    Gilbert Elementary School

    Public | KG - 6

  • 8

    Walt Disney Elementary School

    Public | KG - 6

  • 7

    San Marino Elementary School

    Public | KG - 6

  • 7

    A. E. Arnold Elementary School

    Public | KG - 6

  • 7

    Raymond Temple Elementary School

    Public | KG - 6

  • 7

    Cerritos Elementary School

    Public | KG - 6

  • 7

    Albert Schweitzer Elementary School

    Public | KG - 6

  • 7

    Jonas E. Salk Elementary School

    Public | KG - 6

  • 7

    Juliette Low Elementary School

    Public | KG - 6

  • 7

    Faylane Elementary School

    Public | KG - 6

  • 6

    Arthur F. Corey School

    Public | PK - 6

Middle Schools 10
  • 9

    Hilton D. Bell Intermediate School

    Public | 7 - 8

  • 6

    Walker Junior High School

    Public | 7 - 8

  • 4

    Orangeview Junior High School

    Public | 7 - 8

  • 3

    Buena Park Junior High

    Public | 7 - 8

  • 3

    Dale Junior High School

    Public | 7 - 8

  • 3

    Brookhurst Junior High School

    Public | 7 - 8

  • 1

    Hope

    Public | 7 - 12

  • 0

    Wisdom Mission School

    Private | 6 - 12

  • 0

    Rossier Park School

    Private | 8 - 12

  • 0

    Marie L. Hare High School

    Public | 7 - 12

High Schools 9
  • 9

    Cypress High School

    Public | 9 - 12

  • 8

    John F. Kennedy High School

    Public | 9 - 12

  • 6

    Rancho Alamitos High School

    Public | 9 - 12

  • 6

    Buena Park High School

    Public | 9 - 12

  • 3

    Western High School

    Public | 9 - 12

  • 2

    Savanna High School

    Public | 9 - 12

  • 1

    Magnolia High School

    Public | 9 - 12

  • 0

    Cornelia Connelly School

    Private | 9 - 12

  • 0

    Fairmont Preparatory Academy

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Home Base Realty

Home Base Realty

Broker | License ID: 93-1513373

+1(562) 581-5096

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of HomeBase Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

229 S Delano #4