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3216 W Cabot Drive

Anaheim, CA 92804

– beds
– baths
– sqft
8,386 sqft lot
1964 build
– on site

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West Anaheim/Cypress-adjacent fourplex with (2) large, three-bedroom units two-bathroom units, and (2) two-bedroom, two-bathroom units. This property has 4,587 square feet according to the assessor with unit interiors averaging 1,147 square feet. There are five enclosed garages and one open space. All units are very spacious and have excellent floorplans. The three units located downstairs have sizable enclosed patios and the three-bedroom unit fronting the street includes a fireplace. The upstairs three-bedroom unit above the garages has a front porch/landing. This unit features v-plank “wood-style” flooring throughout and has a spacious floorplan. There are windows throughout the unit affording natural light and airflow. All units have forced air heat. Current rents are only approximately 5% below market with all residents up to date in rental payments. Unit three will have a rental increase to $1,880. Priced to sell at $279/SF compared to the six sales comparables and on-market comparables which average $324/SF. The cap rate at current rents is 4.81% and market cap rate is 5.17%. This is a great yield play in today’s market with stable occupancy. The tenant in the front three-bedroom unit has resided at the property for 19 years. Submit Offers!

Listed By CRMLS_CA / Steven Brombal / Kidder Mathews of California, Inc

Last checked: Checking… • Last updated Apr 5, 2025 •

MLS# OC20115865 —

The Building

Year Built:

1964
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

4587.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Roof:

Composition
Stories Total:

2
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Levels:

Two
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Community
Laundry:

1

Location

Directions:

Lincoln & Western
Latitude:

33.83039000
Longitude:

-118.00325500

The Property

Lot Features:

Level
Lot Size Area:

8386.0000
Lot Size Acres:

0.1925
Lot Size SqFt:

8386.00
Lot Size Source:

Assessor
Road Surface Type:

Maintained, Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

869.01
Tax Tract:

5102
Tax Lot:

13

The Listing

Special Listing Conditions:

Standard
Parcel Number:

13530122

Heating & Cooling

Heating:

1
Heating:

Forced Air
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater
Included:

Yes

The Community

Subdivision:

Other (OTHR)
Subdivision:

none
Features:

Sidewalks, Urban
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

5.00
Garage Spaces:

5.00

Extra Units

Number With Disposal:

4

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Sale history

Date	Event	Source	Price	% Change
9/19/24 Sep 19, 2024	Listed / Active	CRMLS_CA
7/31/20 Jul 31, 2020	Sold	CRMLS_CA	$1,270,000	-0.7%
7/14/20 Jul 14, 2020	Pending	CRMLS_CA	$1,279,000

Multifamily Sold on 7/31/2020

$1,270,000

Listing provided by broker:

Steven Brombal

Kidder Mathews of California, Inc

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Listing Courtesy of: CRMLS_CA and Kidder Mathews of California, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 18:22 on Apr 25.

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 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, 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.

3216 W Cabot Drive

Anaheim, CA 92804