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    125 Belinda Circle Anaheim, CA 92801-

    12,500,000

    General Information
    • Status: Active
    • Type:Multi-Family
    • Bedrooms
    • Bathrooms
    • Square feet: 75,554
    • Lot size: 132,571
    • Year built: 1970
  • Mls# 22158681
  • Days on Market: 137
  • Units: 91
  • Acres:
  • HOA Fees:
  • 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.
    Features
    • Wall Furnace Heat
    • Covered
    • Uncovered
    • Community Pool
    • In Ground Pool
    • Source:TheMLS
    • LA:Adam Zunder
    • Co-LA:David WeinbergerCalBRE#01349349
    • Listing Updated:5/26/2022 3:21:07 AM
    • LO:Iconic Investments,CLW-X80599
    • Co-LO:Keller Williams Studio City,CLW-X74052
    • Database Updated:2022/10/02 08:21:10
    • SA:
    • SO:
    • Co-SA:
    • Co-SO:

    Based on information from CARETS as of 02/10/2022 07:00:00 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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