About 3509 W Del Monte Dr
3509 West Del Monte Drive is an 8-unit multifamily investment property located in Anaheim, California. The property offers a highly desirable mix consisting of 1, one-bedroom unit, 6, two-bedroom units, and 1, three-bedroom unit. Amenities at 3509 West Del Monte Drive include gated pedestrian access that leads to a central courtyard, private patios or balconies, ample garage parking, and an on-site laundry facility. 3509 West Del Monte Drive is located within walking distance of Cypress College, a public community college that boasts an annual enrollment of approximately 16,000 students and employs approximately 900 faculty and staff. As Cypress College does not offer campus housing, the property has the unique opportunity to attract students looking for easy access to campus. The property also benefits from its close proximity to Knott s Berry Farm, one of Orange County s top attractions and employers. Furthermore, the property is located within 2 miles from Buena Park Downtown, an enclosed shopping mall that offers over 925,000 square feet of retail space.
Features of 3509 W Del Monte Dr
| MLS® # | OC24050250MR |
|---|---|
| Price | $2,800,000 |
| Units | 8 |
| Bedrooms | 8 |
| Bathrooms | 6.00 |
| Square Footage | 8,313 |
| Acres | 0.28 |
| Year Built | 1964 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 3509 W Del Monte Dr |
|---|---|
| Area | Anaheim West of Harbor |
| City | ANAHEIM |
| County | Orange |
| State | CA |
| Zip Code | 92804 |
Amenities
| Parking Spaces | 10 |
|---|---|
| # of Garages | 10 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
Additional Information
| Date Listed | March 12th, 2024 |
|---|---|
| Days on Market | 66 |
| Zoning | RM12 |
| Foreclosure | No |
| RE / Bank Owned | No |
| Cap Rate | 5.45 |
| Gross Operating Income | $213,187 |
| Net Operating Income | $152,674 |
Unit 1 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $1,620 |
Unit 2 Details
| Beds | 2 |
|---|---|
| Baths | 1.00 |
| Rent | $4,650 |
Unit 3 Details
| Beds | 2 |
|---|---|
| Baths | 2.00 |
| Rent | $8,545 |
Unit 4 Details
| Beds | 3 |
|---|---|
| Baths | 2.00 |
| Rent | $3,500 |
Listing Details
| Agent | Tyler Leeson (01451551) |
|---|---|
| Office | Marcus & Millichap RE Invest |