We are pleased to present Lincoln Apartments, a 4-unit apartment building in Anaheim, CA. The property consists of large 2 and 3-bedroom units with patios/balconies and garage parking spaces. The asset also features individual gas and electric meters and a shared laundry facility. Having been professionally managed throughout ownership, the property is on the market for the first time in 24 years. With strong in-place rents, this property offers an investor the opportunity to acquire a high cash-flowing asset generating a 4.8% cap rate with current rents, 6.3% with market rents. This property is ideal for investors seeking a well-priced, value-add opportunity in a sought-after location.
Sold for $1,510,000
Listed by: Triqor Group • Ryan Loria • Contact: 949-756-3232
Bought with: Triqor Group
Tax assessed value
$1,510,000
2858 W Lincoln Ave, Anaheim, CA 92801
9beds
8baths
4,185sqft
Quadruplex
Built in 1976
-- sqft lot
$-- Zestimate®
$361/sqft
$5,130 Estimated rent
Home value
Not available
Estimated sales range
Not available
$5,130/mo
Zestimate® history
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$9,672/mo
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Zillow last checked:
Listing updated:
Listed by:
Ryan Loria DRE #02006138 949-756-3232,
Triqor Group
Bought with:
Ryan Loria, DRE #02006138
Triqor Group
Source: CRMLS,MLS#: PW24152339
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,185
- Total interior livable area: 4,185 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Garage spaces: 6
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: /
- Pool features: None
Lot
- Size: 7,585 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 12601232
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Anaheim
Location
- Region: Anaheim
Financial & listing details
- Price per square foot: $361/sqft
- Tax assessed value: $1,510,000
- Annual tax amount: $17,856
- Date on market: 7/24/2024
- Cumulative days on market: 77 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/27/2024 | Sold | $1,510,000+1%$361/sqft |
Source:  CRMLS #PW24152339 Report a problem | ||
| 10/14/2024 | Contingent | $1,495,000$357/sqft |
Source: CRMLS #PW24152339 Report a problem | ||
| 7/24/2024 | Listed for sale | $1,495,000+278.5%$357/sqft |
Source: CRMLS #PW24152339 Report a problem | ||
| 12/11/2000 | Sold | $395,000+46.3%$94/sqft |
Source: Public Record Report a problem | ||
| 4/4/1997 | Sold | $270,000$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,856 +142% | $1,510,000 +158.8% |
| 2024 | $7,380 +2.7% | $583,527 +2% |
| 2023 | $7,186 +1.1% | $572,086 +2% |
| 2022 | $7,105 +1.2% | $560,869 +2% |
| 2021 | $7,021 +0.6% | $549,872 +1% |
| 2020 | $6,980 | $544,234 +2% |
| 2019 | $6,980 +2.3% | $533,563 +2% |
| 2018 | $6,820 +4.7% | $523,101 +2% |
| 2017 | $6,512 | $512,845 +2% |
| 2016 | $6,512 +0.5% | $502,790 +1.5% |
| 2015 | $6,478 +6% | $495,238 +2% |
| 2014 | $6,114 | $485,537 +0.5% |
| 2013 | -- | $483,343 +2% |
| 2012 | -- | $473,866 +2% |
| 2011 | -- | $464,575 +0.8% |
| 2010 | -- | $461,103 -0.2% |
| 2009 | -- | $462,199 +2% |
| 2008 | -- | $453,137 +2% |
| 2007 | -- | $444,252 +2% |
| 2006 | -- | $435,542 +2% |
| 2005 | -- | $427,002 +2% |
| 2004 | -- | $418,630 +1.9% |
| 2003 | -- | $410,958 +2% |
| 2002 | -- | $402,900 +2% |
| 2001 | $4,371 +36.7% | $395,000 +38.1% |
| 2000 | $3,197 | $286,113 |
Find assessor info on the county website
Neighborhood: West Anaheim
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Nearby schools
GreatSchools rating
- 9/10Albert Schweitzer Elementary SchoolGrades: K-6Distance: 0.2 mi
- 2/10Dale Junior High SchoolGrades: 7-8Distance: 0.9 mi
- 5/10Magnolia High SchoolGrades: 9-12Distance: 1.4 mi
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- California
- Orange County
- Anaheim
- 92801
- West Anaheim
- 2858 W Lincoln Ave
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