527 North Anna Drive is a 16-unit multifamily community located in Anaheim, California. The property features a desirable mix of twelve one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units, appealing to a wide tenant base of individuals, couples, and small families. Current ownership has invested significant capital into the community, including dual-pane windows and new exterior paint throughout the property, creating a well-maintained and attractive living environment. The property also provides residents with gated access, an on-site laundry facility, and sixteen garage spaces, while a spacious paved patio enhances curb appeal and reduces landscaping expenses. Ownership has further implemented a ratio utility billing system (RUBS), enabling recovery of utility costs and contributing to efficient operations. 527 North Anna Drive is strategically positioned within walking distance of Sycamore Junior High School as well as Sycamore Plaza, a neighborhood center anchored by Stater Bros. Markets and Harbor Freight, and Granada Square, anchored by Superior Grocers and CVS. These retail hubs provide tenants with convenient access to everyday needs. Within a three-mile radius, residents benefit from proximity to California State University Fullerton, Downtown Fullerton, Downtown Anaheim, Disneyland Resort, and the Honda Center, connecting the community to some of the region’s most important educational, cultural, and entertainment destinations. The property also provides quick access to State Routes 57 and 91, offering seamless transportation throughout Orange and Los Angeles Counties. The property has been stabilized at near-market rental levels, offering investors the opportunity to acquire a strong performing asset with reliable in-place cash flow.
Listed by Tyler Leeson
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License #01451551
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Marcus & Millichap RE Invest
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tleeson@marcusmillichap.com
Last updated September 29, 2025
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Source: CRMLS #OC25228125
Listing Facts
TypeMulti-family
NeighborhoodEast Anaheim
Days on Prevu51
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/29/2025
Status changed to Active
$5,100,000
10/23/2025
Status changed to Removed from Feed
$5,100,000
10/18/2025
Status changed to Active
$5,100,000
10/17/2025
Status changed to Removed from Feed
$5,100,000
09/29/2025
Listed by Marcus & Millichap RE Invest
$5,100,000
Property Details for 527 N Anna Drive
Association
Amenities
Community Features: Curbs, Gutter(s), Sidewalks
Exterior
Construction
Number Of Units Total: 16
Stories: 2
Stories Total: 2
Year Built: 1960
Common Walls: No Common Walls
Entry Level: 1
Entry Location: First level
Measurements
Building Area Total: 9,952
Building Area Units: Square Feet
Lot Features: Street Level
Lot Size Acres: 0.33
Lot Size Area: 0
Lot Size Source: Assessor
Lot Size Square Feet: 14,374
Lot Size Units: Acres
Financial
Residential Income
Cap Rate: 5.12
Gross Income: $419,016.00
Operating Expense: $145,748.00
Taxes
Parcel Number: 07318311
Other
Location
Tax Lot: 5
Parking
Parking
Garage Spaces: 16
Garage: Yes
Parking Total: 16
Utilities
Equipment
Laundry Features: Common Area
Sewer: Public Sewer
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.