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2561 E Ward Terrace
699 - Not Defined Anaheim 92806

$1,550,000
Residential Income built: 1968

Main Photo: 2561 E Ward Terrace in Anaheim: Residential Income for sale (699 - Not Defined)  : MLS®# OC25168081
Photo 1: 2561 E Ward Terrace in Anaheim: Residential Income for sale (699 - Not Defined)  : MLS®# OC25168081
Photo 2: 2561 E Ward Terrace in Anaheim: Residential Income for sale (699 - Not Defined)  : MLS®# OC25168081
Photo 3: 2561 E Ward Terrace in Anaheim: Residential Income for sale (699 - Not Defined)  : MLS®# OC25168081
Photo 4: 2561 E Ward Terrace in Anaheim: Residential Income for sale (699 - Not Defined)  : MLS®# OC25168081
Photo 5: 2561 E Ward Terrace in Anaheim: Residential Income for sale (699 - Not Defined)  : MLS®# OC25168081
Photo 6: 2561 E Ward Terrace in Anaheim: Residential Income for sale (699 - Not Defined)  : MLS®# OC25168081
Photo 7: 2561 E Ward Terrace in Anaheim: Residential Income for sale (699 - Not Defined)  : MLS®# OC25168081
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
OC25168081
Year Built:
1968
We proudly offer the opportunity to acquire 2561 E Ward Terrace, a well-maintained 4-unit multifamily investment property located in Anaheim, CA. The subject property features an exceptionally diverse unit mix comprised of (1) three-bedroom/two-bathroom unit, (1) two-bedroom/one-bathroom unit, and (2) one-bedroom/one-bathroom units, which attract a large pool of potential renters. Situated on a large 9,310 square foot lot, 2561 E Ward Terrace provides residents with amenities such as on-site laundry, garage parking, and a shared common area courtyard. Unit A is provided (1) double car garage, Units B and C share (1) double car garage, Unit D uses (1) single car garage and is assigned (1) open parking space. Current ownership has meticulously maintained the subject property with numerous upgrades over the years, including, but not limited to re-stuccoing the entire building three years ago, adding new dual-pane windows three years ago, new washer and dryers added three years ago, hardwood floors in Unit A, new bedroom carpet in Unit B and Unit D, whole house fans in Units A, B, and C and new granite counter tops, new appliances, new hardwood floors, and new bedroom carpet in Unit C (2023). The building is also equipped with copper plumbing, separate gas and electric meters, a 75-gallon water heater, central air in Unit D, and wall AC/heat in the other three units. Given current ownership’s meticulous upkeep, 2561 E Ward Terrace provides a new owner an opportunity to acquire a well-maintained property with an opportunity to further increase value through annual rent increases.
Property Sub Type:
Quadruplex
Property Attached:
Yes
Lot Area:
9,310 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Year built:
1968 (Age: 57)
General Listing Location:
Anaheim, 699 - Not Defined
County Or Parish:
Orange
Tenant Pays:
Electricity, Gas
Common Interest:
Community Apartment
Gross Income:
$81,276
Gross Scheduled Income:
$82,000
Net Operating Income:
$49,189
Cap Rate %:
3.17
Rent Control:
No
Total Actual Rent:
$6,900
Land Lease:
No
Electric Expense:
$233
Fuel Expense:
$632
Gardener expense:
1397.0
Insurance Expense:
$4,485
Maintenance Expense:
$2,804
Taxes expense:
17030.0
Operating Expense:
$32,087
Pest control expense:
$812
Supplies Expense:
$500
Trash Expense:
$1,056
Water and Sewer Expense:
$2,102
Vacancy Allowance Rate:
$3
Tax Lot:
268
Tax Block:
101
57 North, Exit Lincoln
Number of Buildings:
1
# of Electric Meters:
4
# of Gas Meters:
4
# of Water Meters:
1
Community Features:
Curbs, Gutter(s), Storm Drain(s), Sidewalks
Senior Community:
No
Laundry Features:
Common Area
Pool Features:
None
Private Pool:
No
Lot Features:
6-10 Units/Acre
Levels:
One
Num Stories:
1
Entry Level:
1
Entry Location:
Front
New Constr.:
No
Common Walls:
2+ Common Walls
# Units:
4
Water supply:
Public
Sewer:
Public Sewer
Garage Spaces:
5
Uncovered Spaces:
1
Total Parking Spaces:
6
Special Listing Conditions:
Standard
Parcel Number:
26810111
  • Photo 1: 2561 E Ward Terrace in Anaheim: Residential Income for sale (699 - Not Defined)  : MLS®# OC25168081
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Listed by Kirklen Investment Group
Data was last updated July 29, 2025 at 12:40 AM (UTC)