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$4,795,000
136 Days On Site

721 W La Palma Avenue
Anaheim, CA 92801

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
12,092
SqFt
$397
/SqFt
1989
Built
County:
Orange
Listed by Tyler Leeson of Marcus & Millichap RE Invest [email protected]

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721 W La Palma Avenue721 W La Palma Avenue721 W La Palma Avenue721 W La Palma Avenue
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721 West La Palma Avenue is a 12-unit multifamily investment property located in Anaheim, California. The property offers a highly desirable mix consisting exclusively of two-bedroom units, of which eight are townhome floorplans. Residents enjoy amenities such as private balconies, in-unit laundry, and ample parking in a gated parking garage. Additionally, current ownership has invested significant capital into interior and exterior improvements at 721 West La Palma Avenue including fresh paint, an automatic fire sprinkler system in the parking garage, and upgrades to air conditioning units, stairs, railings, and balconies. 721 West La Palma Avenue’s optimal North Orange County Location, situated between Downtown Anaheim and Downtown Fullerton, provides easy access to a plethora of unique shops, restaurants, and attractions. Additionally, the property places residents in close proximity to the regions top employers including the Anaheim Regional Medical Center, just over 0.25 miles from the property, as well as Disneyland, the Anaheim Convention Center, and California State University, Fullerton, which are all within a 3 mile radius of the property. Furthermore, the property provides residents with convenient access to State Routes 57 and 91, Interstate 5, and multiple train and transit stations, connecting residents to employment hubs throughout Southern California. Given the strength of the overall apartment market within the city of Anaheim, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of activities, transportation, and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 721 West La Palma Avenue.

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Listing Snapshot
Price 
$4,795,000
Days On Site 
136 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,092 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3 Acres
Year Built 
1989
MLS® Number 
OC24166762
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoPrice changed to $4,795,000
2 months agoListing updated with changes from the MLS®
4 months agoStatus changed to Active
4 months agoListing first seen on site
General Features
Acres 
0.3
Garage 
Yes
Garage Spaces 
30
Number Of Stories 
2
Parking Spaces 
30
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
12092
Water Source 
Public
Interior Features
Laundry Features 
Washer HookupGas Dryer Hookup
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Exterior Features
Pool Features 
None
Community Features
Building Access 
First level
Community Features 
CurbsSidewalks
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
699 - Not Defined


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. The 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.

Neighborhood & Commute
Source: Walkscore
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