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Vivian Ayala

vivian.ayala@exprealty.com +1(171) 439-11248

$2,550,000

Est. payment - /mo

0.38 Acres Lot

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26232054

HOA Y/N No

Year Built 1954

Lot Size 0.380 Acres

Property Sub-Type Apartment

Property Description

1716 - 1722 East Lincoln Avenue is an 8-unit multifamily investment property located in Anaheim, California. Built in 1954, the property consists of 8 single-story one-bed/one-bath units totaling approximately 4,028 net rentable square feet on a 0.38-acre parcel. The single-story configuration offers residents convenient ground-level living without upstairs neighbors, providing greater privacy and everyday comfort while broadening the property's appeal to prospective tenants. Ownership invested approximately $345,000 in extensive property-wide renovations in 2026, transforming all 8 residences with modernized kitchens and bathrooms, contemporary flooring and finishes, and in-unit laundry. Improvements extend beyond the interiors and include new electrical subpanels and window air-conditioning units, fresh exterior paint and restriped parking areas. These upgrades position the property as a turnkey investment without the immediate need for extensive renovations. Another notable feature is the property's generous parking supply, with 15 surface spaces serving just 8 residences. Each unit includes one assigned parking space, while the remaining 7 are available for separate lease to tenants requiring additional parking. This arrangement provides residents with convenient on-site parking while offering ownership a source of supplemental rental income. Beyond the completed renovations, ownership has advanced plans for 4 proposed two-bed/two-bath accessory dwelling units (ADUs), each measuring approximately 707 square feet. Approximately $45,000 has been invested in architectural, engineering, survey and related predevelopment work, with plans currently being revised following the City's initial review. Subject to remaining approvals and construction, the proposed ADUs could expand the property from 8 to 12 units and introduce larger two-bedroom residences. Together, the completed renovations, generous parking supply and potential ADU expansion position 1716 - 1722 East Lincoln Avenue as an attractive turnkey investment with additional upside in Anaheim.

Location

State CA

County Orange

Area 78 - Anaheim East Of Harbor

Interior

Fireplace No

Laundry See Remarks

Exterior

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 15

Private Pool No

Building

Lot Description Street Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 03720139

Energy Description 1750.0

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

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

Special Listing Condition Standard

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Listed by Christian Tait Marcus & Millichap RE Invest christian.tait@marcusmillichap.com, DRE #02111248

NEARBY SCHOOL & BUSINESS

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1716 1722 E Lincoln AVE Anaheim, CA 92805