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Backup Offers

2858 W Lincoln Ave, Anaheim, CA, 92801

$1,495,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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2858 W Lincoln Ave, Anaheim$1,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage6 spaces
Year Built1976
MLS #PW24152339
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 2858 W Lincoln Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Stories: 2

Listing Office:

  • Office Name: Triqor Group
  • Office Phone: (949) 756-3232
  • Listing Agent: Ryan Loria

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 6 spaces

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.17 Acres

Other

Directions Information:

  • Directions: Driving East on Lincoln, Property is located on your right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,000

Tax Information:

  • Annual Amount: $7,021
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Anaheim, CA.

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Anaheim, CA

City

Med. Sold Price

$902.4K

Med. Price/SqFt

$568

Avg. Days On Market

21

# of Sold Homes

126

2858 W Lincoln Ave vs Anaheim

115 DAYS ON ROCKET

+94 Days

$1,495,000

+$592.5K More

KEY TAKEAWAY

This property is $592.5K more than the Median Sold Price in Anaheim, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24152339

Listing Office:

  • Office Name: Triqor Group
  • Office Phone: (949) 756-3232
  • Listing Agent: Ryan Loria

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 11, 2000Home Sold
$395,000
Apr 04, 1997Home Sold
$270,000
Dec 13, 1989Home Sold
$435,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,021$549,872
2020$6,979$544,234
2019$6,737$533,563
2018$6,738$523,101
2017$6,512$512,845

History based on county public records data.

Payment Calculator

$7,529

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,549

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-411376
8
/10

  • Dr. Albert Schweitzer Leadership Academy

  • 229 S Dale Ave

  • 0.20 miles

  • Public District Grades KG-6

school-card-donut-411377
6
/10

  • Lord Baden-Powell Elementary School

  • 2911 W Stonybrook Dr

  • 0.66 miles

  • Public District Grades KG-6

school-card-donut-411378
4
/10

  • Mattie Lou Maxwell Elementary School

  • 2613 W Orange Ave

  • 0.77 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,194. The most common annual income of people living in Anaheim, CA is between $35k-100k. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Orange County›Anaheim›92801›2858 W Lincoln Ave

This home is located at 2858 W Lincoln Ave in Anaheim, CA and zip code 92801 in the West Anaheim neighborhood. This home, which was built in 1976, sits on a 0.17 acre lot. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $1,495,000.

While more than 62 listings in Anaheim, CA in October 2024 were sold above asking price, there were more than 19 listings sold at asking price, and more than 45 were sold below. In October 2024 median list price was $902,431 and the average listing age was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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