935 S Trident Street
Anaheim, CA, 92804 $ 4,999,000
Baths1.0 Sq 10,678 Monthly Estimate*
$ 30,780
Listed by Kirklen Investment Group
Studio for $4,999,000 with 1 full bath. This 10,678 square foot home was built in 1958 on a lot size of 0.4152.
South Trident Apartments is a 16-unit multifamily investment opportunity comprised of two contiguous 8-unit buildings situated on a combined 18,084 square foot lot in the heart of West Anaheim. Built in 1958, the property offers a desirable unit mix of twelve one-bedroom/one-bathroom and four two-bedroom/one-bathroom units, providing a diversified income base that appeals to a broad range of renters seeking quality, affordable apartment living in one of Orange County's most sought-after submarkets. The property is a stabilized, income-producing asset with current rents at or near market rate, supported by meaningful ancillary income streams including RUBS, garage parking, laundry, and pet income — generating strong in-place cash flow from day one. With a current CAP rate of 5.23% and a path to 6.37% at market rents, South Trident Apartments offers both stability and upside in a single well-located package. Residents benefit from an exceptional amenity package that is rare for properties of this vintage and size. The property features a sparkling swimming pool, on-site laundry rooms, 16 garage parking spaces, and gated entry — all of which contribute to strong tenant retention and consistent occupancy. The mature, well-maintained landscaping and clean building exterior further enhance curb appeal and support the property's reputation as a desirable place to live. From a location standpoint, South Trident Apartments is exceptionally well-positioned. The property sits within close proximity to the I-5 Freeway, Disneyland Park and Resort, Knott's Berry Farm, Ball Road retail corridors, and an array of daily conveniences including Ralphs, Walgreens, Bank of America, and numerous dining options. Nearby schools including Clara Barton Elementary and Gilbert High School further reinforce the property's appeal to families and long-term renters. With its stabilized income profile, desirable amenity set, proven ancillary income streams, and a prime West Anaheim location, South Trident Apartments represents a compelling acquisition for investors seeking a quality, lower-management-intensity asset with a clear path to enhanced returns as market rents continue their upward trajectory.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Garage Spaces 8
Pool Features None
Year Built 1958
Tenant Pays Electricity Gas Trash Collection
Property Subtype Apartment
Gross Income 412010
Community Features Curbs Gutter(s) Storm Drain(s) Sidewalks
Additional Parcels Description 12829127
County Orange
Net Operating Income 261210
Operating Expense 138440
Insurance Expense 12066
New Construction false
Property Type Residential Income
MaintenanceExpense 15120
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 5 North Exit L on Ball Rd R on S Trident
City Anaheim
Entry Location courtyard
Senior Community Y/N false
Number Of Units Total 16
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 18084
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1084
Fuel Expense 3653
Trash Expense 0
Water Sewer Expense 4545
Additional Parcels Y/N true
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Apartment
Taxes 61210
Cap Rate 5.23
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InteriorFireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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ExteriorParking Features Door-Multi Garage
Lot Features 11-15 Units/Acre
Water Source Public
Total Parking 8
Lot Size Area 18084
Number of Buildings 2
Building Area Total 10678
Lot Size Acres 0.4152
Private Pool false
Lot Size Source Assessor
Pool Charge 3356
Number of Separate Water Meters 2
Number of Separate Gas Meters 17
Number of Separate Electric Meters 17
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* Excluded FeaturesList ByKirklen Investment GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $30,780
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbyMulti-family listings in Anaheim, CA
Average List Price $3,055,649
Percent of Sale Price 39%
About Anaheim, CA 355,148 Population
9% Since 2002
$ 65,325 Median Income
35.17 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/9/2026 | $4,999,000 | | Listed Price |