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302 N Bush Street

Anaheim, CA 92805
  • $1,900,000
  • STATUS: Active
  • ON SITE: 224 Days
  • MLS #: PW24190050
Price Reduced
UPDATED: 57 min ago
$1,900,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Paul Espinosa of Morgan Skenderian (949-251-8800) and Rick Applebaum of Morgan Skenderian(949-251-8800)


Description

Pleased to offer 302 N Bush Street, an 8-unit investment opportunity located in Anaheim. This property consists exclusively of one bedroom/one bathroom units. Residents enjoy amenities such as security screen doors, carports and onsite parking. This property has been professionally managed and well maintained throughout the years and, just recently, current ownership installed all new electrical panels throughout the property. All the units are individually metered for electricity and gas, and the tenants pay their own trash. Highlighting this asset's potential, there is approximately 34% upside in rental income making this an attractive acquisition for investors seeking to capitalize on an asset with phenomenal growth potential and exceptional future cash-on-cash returns.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T14:37:34.047. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/155104551
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302 N Bush Street Anaheim, CA 92805

  • Price: $1,900,000
  • Status: Active
  • On Site: 224 Days
  • Updated: 57 min ago
  • MLS #: PW24190050
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1957
Built
Neighborhood:
Not Defined
County:
Orange
Area:
78 - Anaheim East of Harbor
Property Description
Pleased to offer 302 N Bush Street, an 8-unit investment opportunity located in Anaheim. This property consists exclusively of one bedroom/one bathroom units. Residents enjoy amenities such as security screen doors, carports and onsite parking. This property has been professionally managed and well maintained throughout the years and, just recently, current ownership installed all new electrical panels throughout the property. All the units are individually metered for electricity and gas, and the tenants pay their own trash. Highlighting this asset's potential, there is approximately 34% upside in rental income making this an attractive acquisition for investors seeking to capitalize on an asset with phenomenal growth potential and exceptional future cash-on-cash returns.
Exterior Features

Carport Spaces 7 Carport YN Yes Construction Materials Stucco Entry Level 1 Entry Location Off-Street Number Of Separate Electric Meters 8 Open Parking Spaces 1 Parking Features Detached CarportUncovered Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Cap Rate 5.16 Common Interest Community Apartment Community Features Sidewalks Electric Expense 0 Garage YN No Gross Income 143276 Gross Scheduled Income 143276 Insurance Expense 4053 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Maintenance Expense 5559 Net Operating Income 98054 New Construction YN No New Taxes Expense 23013 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 40923 Other Expense 1390 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTrash Collection Total Actual Rent 143276 Trash Expense 0 Vacancy Allowance 4298 Vacancy Allowance Rate 3 Water Sewer Expense 2679 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T14:37:34.047. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Paul Espinosa of Morgan Skenderian (949-251-8800) and Rick Applebaum of Morgan Skenderian(949-251-8800)