$1,850,000
1215 S Athena Way, Anaheim CA 92806
Multi-Family (4 Units)
Property type
126 days
On market
$426
Price per sqft
5 cars
Garage
1972
Year built
8,276 sqft
Lot size
Open Houses
Overview
1215 South Athena Way is a 4-unit multifamily property located in Anaheim, CA. Built in 1972, the property offers a desirable unit mix, strong parking, and meaningful recent improvements in a well-located Anaheim submarket. The property consists of two and three-bedroom units, each with private outdoor space and individual laundry hookups located within the unit’s assigned...
Listing provided by: Christian Tait DRE #02111248, Marcus & Millichap RE Invest, Tyler Leeson DRE #01451551 949-419-3326, Marcus & Millichap RE Invest
Listing updated: Apr 23, 2026 at 03:31pm.
Last checked: Jun 4, 2026 at 07:01pm
Source: CRMLS #OC26022232
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,175 | $2,175 | $2,600 | Unfurnished |
| 2 | 2 | 2 | — | $5,075 | $5,075 | $5,600 | Unfurnished |
| 1 | 3 | 2 | — | $2,875 | $2,875 | $3,300 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
15.2x
List Price / Annual Gross Rent
Cap Rate
4.45%
NOI / List Price
Gross Scheduled Income: $121,500
Vacancy Allowance: $3,645
Vacancy Allowance Rate: 3%
Operating Expense: $35,583
Net Operating Income: $82,272
Annual Operating Expenses
Electric: $762
Fuel: $763
Insurance: $3,603
Maintenance: $4,000
New Taxes: $21,022
Trash: $762
Water / Sewer: $762
Interior
Laundry: Washer Hookup, Electric Dryer Hookup
Entry Location: First Level
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Common Walls: No Common Walls
Lot Features: Street Level
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 5
Uncovered Spaces: 2
Parking Total: 7
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 25317103
Additional Parcels: No
Tax Lot: 9
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1215 S Athena Way, Anaheim, CA 92806. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,480,000
Total Interest
$1,887,658
Total Payment
$3,367,658
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$11,432
per month
Property History for 1215 S Athena Way
Anaheim Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92806.
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