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.
For sale
Listed by: Kirklen Investment Group • Jason Kirklen • Contact: 949-942-1302
$8,750,000
119 S Fahrion Pl, Anaheim, CA 92805
32beds
32baths
16,160sqft
Multi Family
Built in 1959
-- sqft lot
$-- Zestimate®
$541/sqft
$-- HOA
What's special
- 90 days
- 108
- 4
Zillow last checked:
Listing updated:
Listed by:
Jason Kirklen DRE #01939655 949-942-1302,
Kirklen Investment Group
Source: CRMLS,MLS#: OC26126398
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 32
Heating
- Forced Air
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 16,160
- Total interior livable area: 16,160 sqft
Property
Parking
- Total spaces: 32
- Uncovered spaces: 32
Features
- Entry location: courtyard
- Pool features: None
Lot
- Size: 0.73 Acres
- Features: 6-10 Units/Acre
Details
- Additional parcels included: 03717316, 03717317, 13717318
- Parcel number: 03717315
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Gutter(s), Storm Drain(s), Sidewalks
Location
- Region: Anaheim
Financial & listing details
- Price per square foot: $541/sqft
- Date on market: 6/10/2026
- Cumulative days on market: 90 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Tenant pays: Electricity, Gas, Trash Collection
Estimated market value
Not available
Estimated sales range
Not available
$2,130/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $8,750,000$541/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Southeast Anaheim
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