High-Cash-Flow 9-Unit Apartment Complex in Anderson, CA - 8.75%+ CAP Rate! This well-maintained 9-unit multifamily property in Anderson, CA, is a prime investment opportunity with an annual gross income of over $113,000 and a Profoma CAP rate exceeding 10.39% in as little as 2 years. The complex consists of eight 2-bedroom, 1-bath units, each featuring indoor laundry and private backyards, plus a spacious 3-bedroom, 1-bath unit. With plenty of room for upside potential on rents, this property offers an excellent opportunity for investors seeking strong cash flow and long-term appreciation. Conveniently located near local amenities and freeway access, this is a low-maintenance, high-performing asset that won't last long.
Sold for $865,000
Zillow last checked:
Listing updated:
Bought with:
NON MEMBER
Non Member
Source: SMLS,MLS#: 25-634
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 9/24/2025 | Listed for rent | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 7/31/2025 | Sold | $865,000-12.2% |
Source:  SMLS #25-634 Report a problem | ||
| 5/27/2025 | Pending sale | $985,000 |
Source: SMLS #25-634 Report a problem | ||
| 5/7/2025 | Price change | $985,000-10.5% |
Source: SMLS #25-634 Report a problem | ||
| 4/9/2025 | Price change | $1,100,000-4.3% |
Source: SMLS #25-634 Report a problem | ||
| 2/17/2025 | Listed for sale | $1,150,000 |
Source: SMLS #25-634 Report a problem | ||
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$862,100
2% more
+$17,242
With Zillow Showcase(estimated)
$879,342
