119 S Fahrion Place, Anaheim, California 92805
- $8,750,000
- $8,750,000
Overview
- Apartment, Residential Income
- 16160 Sqft
- 1959
Description
The Courtyard Apartments is a 32-unit apartment property offering a rare opportunity to acquire a sizeable multifamily asset comprised of four separate, but contiguous 8-unit buildings. Built in 1959, the property features a clean and efficient unit mix of all one-bedroom, one-bathroom units, making it well-positioned to serve a broad renter base seeking functional and affordable apartment living. The two-story buildings are improved with pitched roofs, providing both architectural character and long-term ownership appeal. The property also benefits from 32 open surface parking spaces, offering one parking space per units, in addition to ample street parking due to the surrounding lower-density neighborhood. This parking availability is a meaningful advantage for residents and enhances the overall tenant experience. A key operational feature of The Courtyard Apartments is the existing on-site laundry facilities, which provides residents with added convenience while creating an additional income stream for ownership. Further upside exists through the existing washer and dryer hookups already located inside each unit, allowing a new owner the potential to implement in-unit laundry options over time to further enhance tenant appeal and support future rent growth. With its desirable all one-bedroom unit mix, four contiguous 8-unit buildings, ample parking, pitched roofs, on-site laundry, and additional operational upside through existing in-unit washer and dryer hookups, The Courtyard Apartments represents a compelling investment opportunity with strong fundamentals and meaningful value-add potential.
Address
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Address: 119 S Fahrion Place
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City: Anaheim
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State/county: CA
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Zip/Postal Code: 92805
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Country: US
Details
Updated on June 11, 2026 at 3:54 pm-
Property ID OC26126398
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Price $8,750,000
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Property Size 16160 Sqft
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Land Area 0.73 Acres
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Year Built 1959
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Property Type Apartment, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash, Cash to New Loan, 1031 Exchange
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Sewer Public Sewer
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Heating Forced Air
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County Orange
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Property Type Residential Income
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Pool None
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Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks
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