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9,608 sqft

$3,590,000

307 N East St, Anaheim CA, 92805

Price per sqft$373.65
Built in1956
Property size9,608 sqft
Property typeCondominium
Listed by Brett Bayless CA DRE# 01718244 with Brett Bayless, Broker 949-887-2465

Overview

Active

Listed Sep 21, 2026

Updated 2 weeks ago

307 & 319 N East Street is a well-maintained, 12-unit (6+6) multifamily community consisting of two 6-unit complexes located in the historic Colony neighborhood of central Anaheim, offering investors an opportunity to acquire a core central Orange County asset with an in-place 5.11% cap rate and significant upside. The property's desirable location and dedicated garage parking per unit enhance operational simplicity while appealing to a broad renter base seeking convenience, privacy, and quality housing in one of Orange County's most accessible and amenity-rich neighborhoods. The asset features a well-balanced unit mix of four large 2-bed/1-bath and eight 1-bed/1-bath residences. The property has been thoughtfully maintained, with recent capital improvements including vinyl window replacements and the completion of SB-721 balcony inspection and repair work. Additional upside exists through the property's ADU potential, providing a clear and executable opportunity to increase density and further enhance net operating income.

$23,884/mo

Est. mortgage payment based on a $3,590,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
OC26206354

Interior Features

Basement
No

Exterior Features

Lot Size
0.34 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Brett Bayless CA DRE# 01718244 with Brett Bayless, Broker 949-887-2465

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/23/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/23/2026 at 6:38 AM UTC Last Checked: 6:38 AM UTC

 

 

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