1124 S Lemon Street Anaheim, CA $ 6,050,000
1124 S Lemon Street
$ 6,050,000
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1124 S Lemon Street

Anaheim, CA, 92805
$ 6,050,000
Baths1.0 Sq 14,904

Monthly Estimate*

$ 37,251

Listed by Mark Bridge, Broker
1124 S Lemon Street, Anaheim, CA 92805 - Image 1
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1124 S Lemon Street, Anaheim, CA 92805 - Image 13
Studio

Multi-Family Home for sale in Anaheim, CA

for $6,050,000 with 1 full bath. This 14,904 square foot home was built in 1958 on a lot size of 0.55.

We are pleased to present 1124-1130 S Lemon St in the strong Anaheim rental market. This garden-style two-story walkup property is in great condition thanks to quality management and a strong pride of ownership. Comprised of 100% one-bedroom units and nicely landscaped grounds, this complex has gated pedestrian entry at both ends, newer double pane vinyl windows, pitched shingle roofs and ample parking. The building is master metered for gas and separately metered for electricity with an on-site laundry facility for residents’ use. The strong Anaheim rental market at Ball Road and the I-5 Freeway offers an investor the ability to attract quality residents seeking a well-located residence with convenient access to a wide variety of activities and retail amenities. The property is located next to Disneyland Resort, Disney California Adventure, Downtown Disney, Anaheim Convention Center, The Platinum Triangle and Angel Stadium. Garden style, two story walkup construction located in a strong city of Anaheim rental location, with excellent curb appeal. This well-kept and managed asset has pitched composition shingle roofs, open parking with additional street parking, central courtyard with gated pool, and gated pedestrian access. Beautifully landscaped with white rose bushes, grass and shrubs, the complex has attractive curb appeal, separate electric meters, individual screen doors, and an on-site laundry facility. Ideally located at the I-5 and Ball Rd, the property is within 2,000 feet of Disneyland Resort and Disney California Adventure, and nearby are Downtown Disney, Anaheim Convention Center, The Platinum Triangle and Angel Stadium.

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Multi-Family Active

Price

$ 6,050,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.55

Year Built

1958

Town/City

Anaheim

County/Region

Orange

MLS | Web ID

OC26021960

Days on Market

70

Features
General
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition Shingle
Appliances Disposal Gas Oven Gas Range Range Hood
HOA Fee 0
Garage Spaces 0
Pool Features Fenced In Ground Private
Security Features Smoke Detector(s)
Year Built 1958
Tenant Pays Cable TV Electricity Telephone
View Courtyard
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 497832
Community Features Curbs Gutter(s) Storm Drain(s) Street Lights Suburban Sidewalks
County Orange
Net Operating Income 323510
Operating Expense 159459
Insurance Expense 15595
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 12000
Subdivision Name Harbor Blvd and Ball Rd
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions 5 North East on Ball Rd North on Lemon
City Anaheim
Entry Location First
Senior Community Y/N false
Open Parking Spaces 24
Number Of Units Total 24
MLS Area 78 - Anaheim East of Harbor
Lot Size Units Acres
Lot Size Square Feet 23958
Number of Units Leased 24
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 2400
Current Financing None
Fuel Expense 9600
Property Condition Turnkey
Trash Expense 0
Water Sewer Expense 8400
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 234
Total Actual Rent 41286
Property Sub Type Additional Apartment
Taxes 66498
Cap Rate 5.35
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Interior
Flooring Vinyl
Total Stories 2
Common Walls 1 Common Wall
Heating Y/N true
Window Features Double Pane Windows Screens
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Good Condition Wrought Iron
Parking Features Assigned Asphalt Paved
Lot Features 21-25 Units/Acre
Water Source Public
Total Parking 24
Lot Size Area 0.55
Number of Buildings 2
Spa false
Building Area Total 14904
Lot Size Acres 0.55
Road Surface Type Alley Paved Paved
Private Pool true
Lot Size Source Assessor
Pool Charge 4278
Number of Separate Water Meters 1
Number of Separate Gas Meters 25
Number of Separate Electric Meters 25
Road Frontage Type City Street
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* Excluded Features
List By
Mark Bridge, Broker

Broker

Mark.Bridge@matthews.com

Email

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$37,251
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$37,251
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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
4/6/2026$6,050,000 -6.92% Price Down
2/5/2026$6,500,000 Listed Price

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1124 S Lemon Street, Anaheim, CA, 92805 is a Multi-Family Home for sale at $6,050,000 with 14,904 sqft and a lot size of 0.55. 1124 S Lemon Street is a studio with 1.0 baths and was built in 1958. The property's zip code is 92805 which is in Anaheim, CA