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Millman Team Real Estate

$8,750,000
0.73 Acre Lot

119 S Fahrion Place, Anaheim, California 92805

  • Residential Income Property Type
  • 1959 Year Built
Property Description

The Courtyard Apartments is a 32-unit apartment property offering a rare opportunity to acquire a sizeable multifamily asset comprised of four separate, but contiguous 8-unit buildings. Built in 1959, the property features a clean and efficient unit mix of all one-bedroom, one-bathroom units, making it well-positioned to serve a broad renter base seeking functional and affordable apartment living. The two-story buildings are improved with pitched roofs, providing both architectural character and long-term ownership appeal. The property also benefits from 32 open surface parking spaces, offering one parking space per units, in addition to ample street parking due to the surrounding lower-density neighborhood. This parking availability is a meaningful advantage for residents and enhances the overall tenant experience. A key operational feature of The Courtyard Apartments is the existing on-site laundry facilities, which provides residents with added convenience while creating an additional income stream for ownership. Further upside exists through the existing washer and dryer hookups already located inside each unit, allowing a new owner the potential to implement in-unit laundry options over time to further enhance tenant appeal and support future rent growth. With its desirable all one-bedroom unit mix, four contiguous 8-unit buildings, ample parking, pitched roofs, on-site laundry, and additional operational upside through existing in-unit washer and dryer hookups, The Courtyard Apartments represents a compelling investment opportunity with strong fundamentals and meaningful value-add potential.

Basic Details
Residential Income
For Sale
OC26126398
$8,750,000
1959
0.73 Acre
Active
1
Apartment
Features
: None
: Forced Air
: None
: Common Area
: Public Sewer
$0
Address Map
CA
Orange
Anaheim
92805
Fahrion
119
Place
W118° 6' 0.8''
N33° 50' 14.5''
57 North, Exit L on Lincoln Ave. L on S State College, R on E Broadway, R on S Fahrion
699 - Not Defined
S
Additional Information
$0
$0
$0
$0
$0
16160
: Sidewalks, Curbs, Gutter(s), Storm Drain(s)
1
: 6-10 Units/Acre
32
2026-06-10
2
: Public
Broker/Agent Information
Kirklen Investment Group
Jason Kirklen
Listing Information
OCKIRKJAS
OC12953
Cash, Cash to New Loan, 1031 Exchange
Active
2026-06-11T15:54:05Z
CRMLS
: Standard
2026-06-10T09:53:56Z
Agent info
Ray Millman
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