$3,500,000
$3,600,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
1280 E La Palma AVE Anaheim, CA 92805
0.46 Acres Lot
Key Details
Sold Price $3,500,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC26108858
Sold Date 08/07/26
HOA Y/N No
Year Built 1986
Lot Size 0.460 Acres
Property Sub-Type Apartment
Property Description
1280 East La Palma Avenue is a 9-unit multifamily property in Anaheim, California. Built in 1986, the property offers a more modern vintage than much of the surrounding apartment inventory and features a highly desirable unit mix entirely composed of 2-story townhome-style residences. The property includes five 2 bed/1.5 bath townhomes and four 3 bed/2 bath townhomes, providing larger floorplans that cater well to households seeking additional living space. Each unit benefits from both a private, fenced ground-level patio and a spacious upper-level balcony, creating a level of dedicated outdoor space that is uncommon in smaller multifamily assets. Central air and heat as well as individual water heaters further strengthen the unit-level amenity package. 1280 East La Palma Avenue also benefits from an exceptionally generous parking supply, with 9 carport spaces and 13 surface spaces for just 9 units. Additional community features include gated pedestrian access and on-site laundry, while the completion of the SB 721 inspection provides clarity around an important California compliance item. With rents currently positioned near market while still offering a measured level of upside, the property presents an attractive opportunity to acquire a later-vintage Anaheim apartment asset with a differentiated unit mix, strong resident-oriented amenities, and continued potential for income growth over time.
Location
State CA
County Orange
Area 78 - Anaheim East Of Harbor
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 9
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Total Parking Spaces 22
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 03524115
Energy Description 1229.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Christian Tait Marcus & Millichap RE Invest