Millman Team Real Estate

$1,350,000
0.06 Acre Lot

2134 S Acama Street, Anaheim, California 92802

  • Residential Income Property Type
  • Garage Cars Garage
  • 1964 Year Built
Property Description

2134 Acama St. is an ideal investment for an investor who wants minimum management responsibilities, great investment potential, and great cash flow. ——MANAGEMENT RESPONSIBILITIES—–The owner’s management responsibilities are minimized because the Homeowners Association manages and pays for all the following: insurance, daily grounds clean-up and inspections, landscaping, patrol service, pool service, laundry room, roofs, building painting/repairs, gates, fences, walkways, utilities, and a monthly contribution to a reserve fund that has over $450,000 dedicated to future expenses; all at a cost of only $735 per month. Owners of most other 4-unit buildings would have to pay much more for all those expenses. The major responsibility of the owner of this building is to collect rents. All current tenants use electronic rent payments, are never late, and, therefore, this property is ideal for someone who wants income, growth with inflation protection, and minimum time expenditure. —-GREAT INVESTMENT POTENTIAL——This location of this building ensures continued growth in value. It is one short block east of Harbor Blvd about one-half mile south of Disneyland. Within a ten-minute walk there are many major hotels, restaurants, and businesses that offer employment for residents. Proximity to employment opportunities also means increasing demand for rentals, higher rents, fewer vacancies, which results in increasing property values. Other similar 4-unit rental properties are often in areas that have stable, not increasing, demand and consequently, limited upside potential.—–GREAT CASH FLOW ——This property’s Net Operating Income for the next 12 months will be about $72,480, substantiated by current leases, which are guaranteed by the seller. At a sale price of $1,350,000 and NOI of $72,480 the CAP rate is 5.4%. Other similar 4-unit investment properties have significantly lower CAP rates, often below 4% when accounting for realistic income (not “Pro Forma” income) and realistic comprehensive expenses.

All two story 1 bedroom, 1.5 bath units , wall a/c units, each with patio and balcony. All units have garages with openers. Two units are in the gated common area overlooking the pool, other two face the street.

Basic Details
Residential Income
For Sale
PW25198911
$1,350,000
Courtyard, Pool
1964
0.06 Acre
Active
Quadruplex
Features
: Gunite, Heated, Association, Fenced, Filtered
: Electric, Radiant, Ductless
: Wall/Window Unit(s)
: Wrought Iron
: None
: Garage, Garage Door Opener, On Street, Off Site
: Carpet, Laminate, Tile, Vinyl
: All Bedrooms Up, Balcony
: Common Area
: Sewer Tap Paid
: Electricity Connected, Sewer Connected, Water Connected
$0
Appliances
: Disposal, Electric Range, Electric Water Heater
Address Map
CA
Orange
Anaheim
Holiday Harbor III HOA
92802
Acama
2134
Street
Harbor to Orangewood east one block to Acama south to 2134
78 - Anaheim East of Harbor
S
Additional Information
$0
$0
$0
$0
$0
: None
Insurance,Maintenance Front Yard,Pool,Pet Restrictions
3434
: Sidewalks, Street Lights, Suburban, Gated
: Drywall, Stucco, Wood Siding
220 Volts in Kitchen
1
: Slab
4.0
: Two
: Sprinkler System
4
2025-09-05
1500000
2
2
: Public
Broker/Agent Information
Investment Brokers O.C.
Rick Violett
Financial
735.0
Monthly
: Sewer
1
4730.0
Listing Information
NVIOLRIC
N176
Cash,1031 Exchange,Owner May Carry,Submit
Active
2025-11-11T11:00:16Z
CRMLS
: Standard
2025-09-05T00:04:12Z
Agent info
Ray Millman
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