2066 Spinnaker Street, Anaheim, CA 92802

$3,495,000

Property Description

2066 & 2072 Spinnaker Street represent a well maintained and managed asset centrally located opportunity in Anaheim. This property comes to market for the first time in 54 years and has experienced the same family ownership since 1968. These 12 units are conveniently located minutes from Downtown Disney, the Disney Resort and the entertainment centers of the Platinum Triangle are less than and 5 minute drive from the subject property. The Spinnaker Apartment Homes offer spacious 1-bed, 1-ba units averaging a sizable 738 Sq. Ft. Many interiors have been renovated and the last remodel was re-rented quickly at $1775/mo. Recent remodels include shaker-style cabinets, quartz countertops, stainless steel sinks, base and door moldings, panel doors and hardware, plank flooring, ceiling fans, plug & electrical switches, plumbing fixtures, and two tone paint. Unit interiors feature a very large walk-in closet in the bedroom, storage /linen cabinets in the bathroom and very spacious interiors. Exterior improvements include newer garage doors with GDO's, roofs replaced in 2018-2020 with 20-year warranties new H2o heaters in 2019 & 2021, and all new exterior lighting fixtures. Each unit features gas heat and wall AC. The 2066 & 2072 Spinnaker properties are separately deeded and must sell and close concurrently. The Spinnaker Apartment Homes represent clean, classic workforce housing which is always in high demand.

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Courtesy of Kidder Mathews of California, Inc, Steven Brombal.