0.42 Acres Lot
0.42 Acres Lot
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26125414
HOA Y/N No
Year Built 1958
Lot Size 0.415 Acres
Property Sub-Type Apartment
Property Description
The property is a stabilized, income-producing asset with current rents at or near market rate, supported by meaningful ancillary income streams including RUBS, garage parking, laundry, and pet income — generating strong in-place cash flow from day one. With a current CAP rate of 5.23% and a path to 6.37% at market rents, South Trident Apartments offers both stability and upside in a single well-located package.
Residents benefit from an exceptional amenity package that is rare for properties of this vintage and size. The property features a sparkling swimming pool, on-site laundry rooms, 16 garage parking spaces, and gated entry — all of which contribute to strong tenant retention and consistent occupancy. The mature, well-maintained landscaping and clean building exterior further enhance curb appeal and support the property's reputation as a desirable place to live.
From a location standpoint, South Trident Apartments is exceptionally well-positioned. The property sits within close proximity to the I-5 Freeway, Disneyland Park and Resort, Knott's Berry Farm, Ball Road retail corridors, and an array of daily conveniences including Ralphs, Walgreens, Bank of America, and numerous dining options. Nearby schools including Clara Barton Elementary and Gilbert High School further reinforce the property's appeal to families and long-term renters.
With its stabilized income profile, desirable amenity set, proven ancillary income streams, and a prime West Anaheim location, South Trident Apartments represents a compelling acquisition for investors seeking a quality, lower-management-intensity asset with a clear path to enhanced returns as market rents continue their upward trajectory.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Heating Forced Air
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Door-Multi, Garage
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 12829126
Energy Description 3653.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Nearby Locations
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