Save
Ask
Tour
Hide
Share
$12,500,000
138 Days Online

125 N Belinda Circle
Anaheim, CA 92801

For Sale|Multi-Family|Active
County:
Orange
Listed by Adam Zunder of Iconic Investments
Call Now: 949.375.4430
Is this the home for you? We can help make it yours.
949.375.4430
125 N Belinda Circle125 N Belinda Circle125 N Belinda Circle125 N Belinda Circle
Save
Ask
Tour
Hide
Share

This offering is for a 50% fee-simple interest in the asset which has an estimated value of $25,000,000. The Belinda Apartments is a 91-unit multifamily asset located at 125 North Belinda Circle in the heart of Anaheim. The property sits at the end of a cul-de-sac and features a unit mix of (51) 1-Bedroom + 1-Bathroom, (18) 2-Bedroom + 1-Bathroom, and (22) 2-Bedroom + 2-Bathroom units. The two-story property was built in 1970 and has +/- 75,544 square feet of improvements on an expansive +/- 132,553 square foot lot. A new Buyer will obtain ownership interest in the existing LLC and benefit from a higher than market yield, proven building track record, low vacancy, blended property tax rate, and a well maintained asset. The building has significant upside in rents which can be captured either through renovation of units as they turn, or slower growth through annual rent increases of 5% + CPI per AB1482.The Belinda Apartments offers residents a wide range of resort like amenities such as: expansive grounds, swimming pool and cabana, barbecues, controlled access, on-site lease office, private patios, efficient layouts, 131parking spaces, and three on-site laundry facilities. Anaheim is most known for its famous main attraction Disneyland, although other prominent employers like Angel Stadium, Anaheim Convention Center, and Kaiser Permanente Medical Center create huge demand for housing. Anaheim is also a big draw from neighboring cities like Buena Park, Orange& Fullerton - also home to large employers.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$12,500,000
Days Online 
138 Days
Bedrooms 
N/A
Inside Area (SqFt) 
75,554 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3.0434 Acres
Year Built 
1970
MLS Number 
22158681
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
5 months agoListing first seen online
General Features
Parking 
CoveredUncovered
Parking Spaces 
131
Number of Stories 
2
Acreage 
3.0434
Listing Conditions 
Standard
Interior Features
Heating 
Wall Furnace
Save
Ask
Tour
Hide
Share
Exterior Features
Pool Features 
CommunityIn Ground
Community Features
Association Dues 
0
Community Features 
Pool
Senior Community 
No
MLS Area 
79 - Anaheim West of Harbor


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share