Property Detail

1837 Gramercy

Anaheim CA 92801

$1,350,000

Status: Active

Property Details

Description

You have Arrived! Welcome to this fully occupied 4-unit investment opportunity in Anaheim offering strong in-place income with additional upside through below-market rents. The property features four 2-bedroom, 1-bath units with an estimated cap rate of approximately 4.5%–5.0% depending on final purchase price and verified operating expenses. Tenants pay their own separately metered gas and electricity, while the owner currently pays water and trash. Each unit has its own water heater, gas stove, and wall heater, with several heating units updated in recent years. The property has also benefited from recent improvements including a newer roof, exterior paint, stairs, and flooring. Professionally managed and fully occupied, this is a great opportunity for an investor looking for stable income today with future rent-growth potential. Conveniently located near shopping, dining, transportation, and major employment centers. Buyer to verify all rents, expenses, unit configurations, square footage, lease terms, cap rate, and property information.

Map Location

Listing provided courtesy of Matthew Schaeffer of Arrive Real Estate. Last updated 2026-10-19 08:10:57.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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