927 S Bruce Street, Anaheim CA, 92804

Sold

Closed

927 S Bruce Street

Anaheim CA, 92804

$3,350,000

$442.01 per sqft

Sold

Closed

7,579 sqft

Condos

Built in 1959

Listed by James Wardlaw with Triqor Group 949-756-3232

We are pleased to present the investment opportunity of the Stonecrest Villas, a single story garden style, 14 unit apartment community situated in the picturesque West Anaheim. This property boasts three immaculately maintained buildings with abundant parking and stunning landscaping that creates a spacious and inviting environment. The majority of the apartments feature one bedrooms and include a patio, large mirrored closets, and wall air conditioning and heating units. Each building has its own water heater for added convenience and plenty of hot water. Additionally, approximately 50% of the units have been recently upgraded, adding even more value to the property. The Stonecrest Villas has consistently generated strong cash flow for the seller and presents a unique opportunity for an investor to acquire a well maintained asset with tremendous potential for an estimated 30% increase in rental income. By maximizing this potential, investors can expect to achieve a compelling 7% cap rate based on market rents. Don't miss out on this outstanding investment opportunity!

PW24188324

MLSⓇ ID

September 10, 2024

Listed

December 5, 2024

Updated

Map

927 S Bruce Street
Anaheim CA, 92804

Interior Features

Total Stories: 1
Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.58 Acres
Lot Features: Rectangular Lot
Sewer: Public Sewer

Other Property Details

Area Name: 79 - Anaheim West of Harbor
Days on Market: 56
Garage: Yes
Garage Spaces: 16
Parking Total: 28
View: No
County: Orange
Water Source: Public
Pool: No
Pool Features: None

Listing History

Date	Event	Price
12/3/2024	Sold	$3,350,000
11/5/2024	Under contract	—

Listing Contact: 949-756-3232

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/5/2024 at 12:15 PM UTC