1215 S Athena Way Anaheim, CA $ 1,850,000
1215 S Athena Way
$ 1,850,000
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1215 S Athena Way

Anaheim, CA, 92806
$ 1,850,000
Baths1.0 Sq 4,345

Monthly Estimate*

$ 11,391

Listed by Marcus & Millichap RE Invest
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Studio

Multi-Family Home for sale in Anaheim, CA

for $1,850,000 with 1 full bath. This 4,345 square foot home was built in 1972 on a lot size of 0.19.

1215 South Athena Way is a 4-unit multifamily property located in Anaheim, CA. Built in 1972, the property offers a desirable unit mix, strong parking, and meaningful recent improvements in a well-located Anaheim submarket. The property consists of two and three-bedroom units, each with private outdoor space and individual laundry hookups located within the unit’s assigned garage, a highly sought-after amenity that supports tenant retention and rental demand. Current ownership has completed a full interior renovation of one unit while also investing in multiple property-wide improvements, establishing a clear and proven renovation path for future ownership. The renovated unit highlights the achievable rental and lifestyle upside through modern finishes, while the remaining units provide immediate value-add potential through continued interior upgrades over time. The property is supported by 7 total parking spaces, including three single-car garages, one two-car garage, and two surface spaces, along with recently upgraded windows, garage doors, and major building systems. Combined with its proximity to major employment, entertainment, and transit corridors, 1215 South Athena Way represents a compelling opportunity for both owner-operators and long-term investors seeking a well-maintained Anaheim asset with future upside.

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Multi-Family Active

Price

$ 1,850,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.19

Year Built

1972

Town/City

Anaheim

County/Region

Orange

MLS | Web ID

OC26022232

Days on Market

1

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 5
Pool Features None
Year Built 1972
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 121500
Community Features Curbs Gutter(s) Street Lights Sidewalks
County Orange
Net Operating Income 82272
Operating Expense 35583
Insurance Expense 3603
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 4000
Subdivision Name Other
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Streets of South Athena Way & East Ball Road
City Anaheim
Entry Location First level
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 4
MLS Area 78 - Anaheim East of Harbor
Lot Size Units Acres
Lot Size Square Feet 8276.4
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 762
Fuel Expense 763
Trash Expense 762
Water Sewer Expense 762
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 9
Property Sub Type Additional Apartment
Taxes 21022
Cap Rate 4.45
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Washer Hookup Electric Dryer Hookup
Entry Level 1
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Exterior
Lot Features Street Level
Water Source Public
Total Parking 7
Lot Size Area 0.19
Number of Buildings 1
Building Area Total 4345
Lot Size Acres 0.19
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

christian.tait@marcusmillichap.com

Email

Affordability Calculator

$11,391
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,391
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2026$1,850,000 Listed Price

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1215 S Athena Way, Anaheim, CA, 92806 is a Multi-Family Home for sale at $1,850,000 with 4,345 sqft and a lot size of 0.19. 1215 S Athena Way is a studio with 1.0 baths and was built in 1972. The property's zip code is 92806 which is in Anaheim, CA