601 N Pauline Street Anaheim, CA $ 2,350,000
601 N Pauline Street
$ 2,350,000
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601 N Pauline Street

Anaheim, CA, 92805
$ 2,350,000
Baths1.0 Sq 5,136

Monthly Estimate*

$ 14,469

Listed by Mark Bridge, Broker
601 N Pauline Street, Anaheim, CA 92805 - Image 1
601 N Pauline Street, Anaheim, CA 92805 - Image 2
601 N Pauline Street, Anaheim, CA 92805 - Image 3
601 N Pauline Street, Anaheim, CA 92805 - Image 4
601 N Pauline Street, Anaheim, CA 92805 - Image 5
601 N Pauline Street, Anaheim, CA 92805 - Image 6
601 N Pauline Street, Anaheim, CA 92805 - Image 7
601 N Pauline Street, Anaheim, CA 92805 - Image 8
601 N Pauline Street, Anaheim, CA 92805 - Image 9
Studio

Multi-Family Home for sale in Anaheim, CA

for $2,350,000 with 1 full bath. This 5,136 square foot home was built in 1961 on a lot size of 0.23.

Current 6.4% CAP Rate! We are pleased to present 601 N Pauline St, a prime multifamily investment opportunity located in the thriving Anaheim rental market. Built in 1961, the property consists of eight well-maintained 1-bedroom / 1-bathroom units totaling approximately 5,134 square feet on a ±0.23-acre lot. The property features a desirable low-rise garden-style layout with strong curb appeal and functional floor plans averaging approximately 640 square feet per unit. Each unit includes its own living room, kitchen with garage and uncovered parking, providing an attractive amenity package for tenants. Ownership benefits from separately metered gas and electric utilities, helping minimize operating expenses, while the on-site laundry facility with newer washers and dryers provide added tenant convenience and supplemental income potential. The property’s pitched roof design, newer hot water heater, ample parking, and well-maintained condition further contribute to its long-term investment appeal. Ideally situated near Anaheim Boulevard and Lincoln Avenue, the property offers convenient access to major employment and entertainment destinations including the Anaheim Packing House, Disneyland, Honda Center, and Angel Stadium. Residents also enjoy close proximity to the 5, 57, and 91 Freeways, providing strong regional connectivity throughout Orange County and surrounding areas.

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Multi-Family Active

Price

$ 2,350,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.23

Year Built

1961

Town/City

Anaheim

County/Region

Orange

MLS | Web ID

OC26120123

Days on Market

5

Features
General
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Cooling None
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Roof Composition Shingle
Appliances Disposal Gas Oven Gas Range Range Hood
Garage Spaces 8
Pool Features None
Construction Materials Frame Stucco
Year Built 1961
Tenant Pays Electricity Gas Trash Collection
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 210516
Community Features Curbs Gutter(s) Storm Drain(s) Street Lights Suburban Sidewalks
County Orange
Net Operating Income 150257
Operating Expense 55144
Insurance Expense 7320
New Construction false
Property Type Residential Income
Contingency Do Not Disturb Tenants Drive by Only. Interior Inspection Upon Signed Contract.
MaintenanceExpense 4000
Subdivision Name Anaheim Colony Neighborhood
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Near Lincoln Ave & Anaheim Blvd. North of Sycamore St on Pauline St.
City Anaheim
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 8
MLS Area 78 - Anaheim East of Harbor
Lot Size Units Acres
Lot Size Square Feet 10018.8
Number of Units Leased 8
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 2856
Fuel Expense 816
Trash Expense 0
Water Sewer Expense 2856
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 035
Property Sub Type Additional Apartment
Taxes 26696
Cap Rate 6.39
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Interior
Flooring Carpet Laminate Tile Vinyl
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Assigned Garage Paved
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 10
Lot Size Area 0.23
Number of Buildings 1
Spa false
Building Area Total 5136
Lot Size Acres 0.23
Road Surface Type Paved
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
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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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
6/3/2026$2,350,000 Listed Price

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601 N Pauline Street, Anaheim, CA, 92805 is a Multi-Family Home for sale at $2,350,000 with 5,136 sqft and a lot size of 0.23. 601 N Pauline Street is a studio with 1.0 baths and was built in 1961. The property's zip code is 92805 which is in Anaheim, CA