3420 W Danbrook AVE, Anaheim, CA 92804

Property Description

3420 West Danbrook Avenue is a well-maintained 4-unit multifamily investment property located in Anaheim, California. Built in 1961 on a 0.20-acre parcel, the property features a desirable mix of three 2 bed/1 bath units and one 2 bed/2 bath unit. Each residence includes a private patio and security door, while most windows have been upgraded to dual-pane for improved comfort and energy efficiency. Additional amenities include five garage spaces, an on-site laundry facility, and a remodeled central courtyard that enhances the property's overall appeal. Current ownership has completed several key capital improvements, including a new water heater, replaced the water and sewer lines, installed new ovens and wall heaters, and made courtyard renovations. These updates reduce future maintenance needs and position the property well for continued strong performance. With current rents more than 60% below market levels, the asset offers immediate upside potential through interior renovations and rental rate adjustments. The property benefits from a convenient location within walking distance of multiple grocery-anchored shopping centers at the intersection of Knott Avenue and Lincoln Avenue. It is also conveniently located near all three levels of schooling: Danbrook Elementary, Orangevi