$1,675,000
-$20,000938 S Gilbuck Drive, Anaheim CA 92802
Multi-Family (5 Units)
Property type
416 days
On market
$571
Price per sqft
5 cars
Garage
1960
Year built
8,276 sqft
Lot size
Open Houses
Overview
The Gilbuck Apartments are in the prime, rental market of Anaheim, CA surrounded by employment, educational, recreational and retail opportunities. The Anaheim rental market is one of the most robust in the county with historically high occupancy, strong rental growth, and highly desirable location. The property, built in 1960, is entirely single-story construction,...
Listing provided by: Jason Kirklen DRE #01939655, Kirklen Investment Group
Listing updated: Apr 16, 2026 at 11:31pm.
Last checked: Jun 5, 2026 at 06:01pm
Source: CRMLS #OC25082967
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 1 | 1 | 1 | $1,990 | $7,960 | $2,175 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,200 | $2,200 | $2,450 | Unfurnished |
# of Buildings: 1
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
13.7x
List Price / Annual Gross Rent
Cap Rate
5.13%
NOI / List Price
Gross Scheduled Income: $121,920
Vacancy Allowance Rate: 3%
Operating Expense: $43,117
Net Operating Income: $85,886
Annual Operating Expenses
Electric: $884
Gardener: $1,639
Fuel: $2,396
Insurance: $3,148
Licenses: $500
Maintenance: $4,725
New Taxes: $19,436
Pest Control: $915
Professional Management: $5,527
Trash: $1,320
Water / Sewer: $2,628
Interior
Laundry: Common Area
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 1
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 25017406
Additional Parcels: No
Tax Lot: 85
Community
Senior Community: No
Community Features: Curbs, Sidewalks
Nearby Schools
Nearby schools around the 938 S Gilbuck Drive, Anaheim, CA 92802. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,340,000
Total Interest
$1,709,096
Total Payment
$3,049,096
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,365
per month
Property History for 938 S Gilbuck Drive
Anaheim Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92802.
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