1001 W La Palma AVE Anaheim, CA 92801

1001 W. La Palma Avenue is an immaculately maintained 10 unit apartment complex located in the city of Anaheim. This pride of ownership asset has received over $400,000 in renovations and upgrades to the interiors and exterior. Tenants of the La Palma apartments enjoy new kitchen cabinets with granite countertops, ceramic tile flooring, new appliances including microwaves, fully renovated bathrooms including tile shower walls, new tubs and vanities. These high quality units translate to long term tenants and short term turnovers when they do occur. Additionally, the building exterior has received ample improvements including new windows, new roofs, new railings and resurfaced decks, new asphalt driveway, redone landscaping & hardscaping and fresh exterior paint. All of these improvements keep demand from renters exceptionally high and existing tenants willing to pay top market rents. Lastly, the property has been re-piped for gas lines along with a new water heater and the property has been converted to individual electric meters.

The La Palma apartments is perfect for the investor looking to enjoy immediate cash flow on a low maintenance property. The Buyer will be able to continue to improve rents for years to come without the need for major renovations or extra capital expenditures making this asset a highly desirable find.