Rare opportunity to acquire a well-located 4-unit apartment property with strong value-add potential. Offered by an ownership group that recently inherited the asset and does not wish to continue operations, creating an excellent opportunity for investors.
Attractively priced for an efficient sale, the property offers the ability to increase value through renovations, unit turnover, and rental growth. Desirable unit mix with spacious floor plans and strong rental demand fundamentals. Current rents are below market, presenting immediate upside potential through interior improvements and operational efficiencies.
Situated on a residential street among similar multifamily properties, the asset benefits from close proximity to employment centers, shopping, dining, and major transportation corridors. Nearby renovated comparable properties have recently sold, further supporting the repositioning opportunity.
For sale
Listed by: Gorman & Associates • Timothy Gorman • Contact: 714-932-9673
Price cut: $55K (6/27)
$1,595,000
3227 W Cabot Dr, Anaheim, CA 92804
9beds
8baths
4,587sqft
:
Get pre-qualified$10,503/mo
Quadruplex
Built in 1964
-- sqft lot
$-- Zestimate®
$348/sqft
$-- HOA
What's special
Spacious floor plans
- 86 days |
- 376 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Timothy Gorman DRE #01929799 714-932-9673,
Gorman & Associates
Source: CRMLS,MLS#: PW26092458
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
Heating
- Wall Furnace
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,587
- Total interior livable area: 4,587 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 5
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 8,715 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 13530208
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Sidewalks
- Subdivision: Other
Location
- Region: Anaheim
Financial & listing details
- Price per square foot: $348/sqft
- Tax assessed value: $198,742
- Annual tax amount: $3,360
- Date on market: 4/30/2026
- Cumulative days on market: 87 days
- Listing terms: Cash to New Loan
Estimated market value
Not available
Estimated sales range
Not available
$3,296/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Price change | $1,595,000-3.3%$348/sqft |
Source:  CRMLS #PW26092458 Report a problem | ||
| 5/19/2026 | Price change | $1,650,000-5.7%$360/sqft |
Source: CRMLS #PW26092458 Report a problem | ||
| 4/30/2026 | Listed for sale | $1,750,000$382/sqft |
Source: CRMLS #PW26092458 Report a problem | ||
| 1/16/2018 | Listing removed | $1,595 |
Source: Orange County Property Management, Inc Report a problem | ||
| 1/12/2018 | Listed for rent | $1,595 |
Source: Orange County Property Management, Inc Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,360 +4.1% | $198,742 +2% |
| 2024 | $3,228 +2.8% | $194,846 +2% |
| 2023 | $3,141 +1.8% | $191,026 +2% |
| 2022 | $3,086 +1.4% | $187,281 +2% |
| 2021 | $3,044 | $183,609 +1% |
| 2020 | -- | $181,727 +2% |
| 2019 | $3,022 +1.8% | $178,164 +2% |
| 2018 | $2,967 +4.4% | $174,671 +2% |
| 2017 | $2,842 | $171,247 +2% |
| 2016 | $2,842 +1.7% | $167,890 +1.5% |
| 2015 | $2,794 +5.5% | $165,369 +2% |
| 2014 | $2,648 | $162,130 +0.5% |
| 2013 | -- | $161,398 +2% |
| 2012 | -- | $158,234 +2% |
| 2011 | -- | $155,132 +0.8% |
| 2010 | -- | $153,973 -0.2% |
| 2009 | -- | $154,340 +2% |
| 2008 | -- | $151,314 +2% |
| 2007 | -- | $148,348 +2% |
| 2006 | -- | $145,440 +2% |
| 2005 | -- | $142,589 +2% |
| 2004 | -- | $139,794 +1.9% |
| 2003 | -- | $137,232 +2% |
| 2002 | -- | $134,542 +2% |
| 2001 | $1,573 +1.9% | $131,904 +2% |
| 2000 | $1,543 | $129,318 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: West Anaheim
Nearby schools
GreatSchools rating
- 8/10Danbrook Elementary SchoolGrades: K-6Distance: 0.3 mi
- 3/10Orangeview Junior High SchoolGrades: 7-8Distance: 0.7 mi
- 5/10Western High SchoolGrades: 9-12Distance: 0.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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