We have sold a property at 2103 Brownwood Avenue W in Anaheim.
The Brownwood Avenue 4-plex apartments present an opportunity to acquire a well maintained 4-plex with a desirable unit mix in a neighborhood surrounded by schools and employment opportunities. The building features (2) 2 bed 2 bath and (2) 2 bed 1 bath apartments which produce a monthly rental income of $7,400. The units are spacious with an open layout and have been updated with tile flooring and have updated kitchen cabinets, stone countertops and bathroom vanities. Additional unit amenities include forced air heating, ceiling fans, and an onsite laundry facility which produces additional monthly income. Residents have both enclosed garage and open parking spaces. The subject property is within 2 blocks of major employment opportunities (Home Depot and Starbucks) while schools and freeway access are minutes away as well. The Brownwood Avenue 4-plex apartments are an asset that will stand the test of time based on the desired construction and a location that will always be an attractive option for tenants.