Homes for sale - 2109 2113 E Westport DR, Anaheim, CA 92806

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Gregory Masi

gregory@gregorymasi.com +1(310) 488-4880

$ 3,800,000

Est. payment | -/mo

0.4 Acres Lot

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$ 3,800,000

Est. payment | -/mo

Save

0.4 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26018438

HOA Y/N No

Year Built 1959

Lot Size 0.400 Acres

Property Sub-Type Apartment

Property Description

The Westporter Apartment Homes is a well-located 14-unit multifamily investment situated on two adjacent parcels with a shared central courtyard at 2109 & 2113 East Westport Drive in Anaheim. Constructed in 1959, the property features a desirable unit mix of 12 one-bed/one-bath units and 2 two-bed/one-bath units, supported by 14 garage spaces, security entry doors, and two on-site laundry facilities (one per building). The asset is being offered at a 5.26% CAP rate on current rents, with the potential to achieve a 6.73% CAP rate on market rents, providing clear income growth through continued rent optimization. Current ownership has implemented RUBS, allowing for the recovery of utility expenses and improving operational efficiency. Combined with ancillary income from laundry, The Westporter Apartment Homes presents investors with a balanced opportunity offering both immediate yield and long-term upside in one of Orange County's most active rental markets.

Location

State CA

County Orange

Area 78 - Anaheim East Of Harbor

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 14.0

Garage Description 14.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Total Parking Spaces 14

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 08344105

Energy Description 2130.0

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

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

Special Listing Condition Standard

Listed by Tyler Leeson Marcus & Millichap RE Invest tleeson@marcusmillichap.com

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Gregory Masi

REALTOR® | Lic# 1708321

gregory@gregorymasi.com

+1(310) 488-4880

7567 Clinton St, Los Angeles, CA, 90036, USA

2109 2113 E Westport DR Anaheim, CA 92806

Gregory Masi

Key Details

Location

Interior

Exterior

Building

Others

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2109 2113 E Westport DR