1280 E La Palma Avenue Anaheim, CA $ 3,600,000
1280 E La Palma Avenue
$ 3,600,000
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1280 E La Palma Avenue

Anaheim, CA, 92805
$ 3,600,000
Baths2.0 Sq 8,004

Monthly Estimate*

$ 22,166

Listed by Marcus & Millichap RE Invest
1280 E La Palma Avenue, Anaheim, CA 92805 - Image 1
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Studio

Multi-Family Home for sale in Anaheim, CA

for $3,600,000 with 2 full baths. This 8,004 square foot home was built in 1986 on a lot size of 0.46.

1280 East La Palma Avenue is a 9-unit multifamily property in Anaheim, California. Built in 1986, the property offers a more modern vintage than much of the surrounding apartment inventory and features a highly desirable unit mix entirely composed of 2-story townhome-style residences. The property includes five 2 bed/1.5 bath townhomes and four 3 bed/2 bath townhomes, providing larger floorplans that cater well to households seeking additional living space. Each unit benefits from both a private, fenced ground-level patio and a spacious upper-level balcony, creating a level of dedicated outdoor space that is uncommon in smaller multifamily assets. Central air and heat as well as individual water heaters further strengthen the unit-level amenity package. 1280 East La Palma Avenue also benefits from an exceptionally generous parking supply, with 9 carport spaces and 13 surface spaces for just 9 units. Additional community features include gated pedestrian access and on-site laundry, while the completion of the SB 721 inspection provides clarity around an important California compliance item. With rents currently positioned near market while still offering a measured level of upside, the property presents an attractive opportunity to acquire a later-vintage Anaheim apartment asset with a differentiated unit mix, strong resident-oriented amenities, and continued potential for income growth over time.

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Multi-Family Active

Price

$ 3,600,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.46

Year Built

1986

Town/City

Anaheim

County/Region

Orange

MLS | Web ID

OC26108858

Days on Market

1

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1986
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 266446
Community Features Curbs Gutter(s) Street Lights Sidewalks
County Orange
Net Operating Income 182930
Operating Expense 75587
Insurance Expense 7301
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 9000
Subdivision Name Other
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Cross Streets of East La Palma Avenue & North East Street
City Anaheim
Entry Location First level
Senior Community Y/N false
Open Parking Spaces 13
Number Of Units Total 9
MLS Area 78 - Anaheim East of Harbor
Lot Size Units Acres
Lot Size Square Feet 20037.6
Carport Spaces 9
Carport Y/N true
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 1229
Fuel Expense 1229
Trash Expense 1229
Water Sewer Expense 1229
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 1
Property Sub Type Additional Apartment
Taxes 40907
Cap Rate 5.08
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Street Level
Water Source Public
Total Parking 22
Lot Size Area 0.46
Number of Buildings 1
Building Area Total 8004
Lot Size Acres 0.46
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9
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* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

tleeson@marcusmillichap.com

Email

Affordability Calculator

$22,166
Per Month
100%
0%
0%
Monthly Principal & Interest
$22,166
Monthly Property Taxes
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Monthly Home Insurance
--
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
5/19/2026$3,600,000 Listed Price

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1280 E La Palma Avenue, Anaheim, CA, 92805 is a Multi-Family Home for sale at $3,600,000 with 8,004 sqft and a lot size of 0.46. 1280 E La Palma Avenue is a studio with 2.0 baths and was built in 1986. The property's zip code is 92805 which is in Anaheim, CA