$8,750,000
119 S Fahrion Place, Anaheim CA 92805
Multi-Family (32 Units)
Property type
1 day
On market
$541
Price per sqft
0 cars
Garage
1959
Year built
31,799 sqft
Lot size
Open Houses
Overview
The Courtyard Apartments is a 32-unit apartment property offering a rare opportunity to acquire a sizeable multifamily asset comprised of four separate, but contiguous 8-unit buildings. Built in 1959, the property features a clean and efficient unit mix of all one-bedroom, one-bathroom units, making it well-positioned to serve a broad renter base seeking functional and...
Listing provided by: Jason Kirklen DRE #01939655, Kirklen Investment Group
Listing updated: Jun 10, 2026 at 05:12pm.
Last checked: Jun 10, 2026 at 05:30pm
Source: CRMLS #OC26126398
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 32 | 1 | 1 | — | $1,797 | $57,496 | $2,050 | Unfurnished |
# of Buildings: 4
# of Units Total: 32
Separate Electric Meters: 36
Separate Gas Meters: 36
Separate Water Meters: 4
Rent Control: No
Tenant Pays: Electricity, Gas, Trash Collection
Financial Snapshot
Gross Rent Multiplier
12.6x
List Price / Annual Gross Rent
Cap Rate
5.27%
NOI / List Price
Gross Scheduled Income: $696,960
Vacancy Allowance Rate: 3%
Operating Expense: $215,079
Net Operating Income: $460,972
Annual Operating Expenses
Electric: $2,231
Gardener: $4,476
Fuel: $1,577
Insurance: $33,800
Licenses: $2,366
Maintenance: $22,432
New Taxes: $108,240
Pest Control: $3,838
Professional Management: $27,598
Trash: $0
Water / Sewer: $8,521
Interior
Heating: Forced Air
Fireplace: None
Laundry: Common Area
Entry Location: Courtyard
Exterior
Property Attached: Yes
Stories Total: 2
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: 0
Uncovered Spaces: 32
Parking Total: 32
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 03717315
Additional Parcels: Yes
Tax Lot: 5
Community
Senior Community: No
Community Features: Curbs, Gutters, Storm Drains, Sidewalks
Nearby Schools
Nearby schools around the 119 S Fahrion Place, Anaheim, CA 92805. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$7,000,000
Total Interest
$8,928,114
Total Payment
$15,928,114
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$53,509
per month
Property History for 119 S Fahrion Place
Anaheim Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92805.
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