$3,345,000

1512 9th St Anaheim, CA 92802

Hermosa Village Neighborhood

Estimated payment $21,167/month

Total Views 5,382
3 Beds
2 Baths
7,958 Sq Ft
$420 Price per Sq Ft

Highlights

  • 0.34 Acre Lot
  • Park
  • Forced Air Heating System
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 4-minute walk to Energy Field

About This Home

This well-maintained 10-unit apartment building, built in 1976, is ideally situated in the heart of Anaheim, just two blocks from world-famous Disneyland and Downtown Disney. The property offers an attractive unit mix of large one-bedroom and two bedroom units, all featuring private patios or balconies, wall A/C units, and generous floorplans that appeal to long-term renters. Residents benefit from (16) enclosed garages (1.6 per unit), a convenient on-site laundry facility, and a recently completed new roof, enhancing the building's structural integrity and long-term value. The property currently operates at a strong 5.2% CAP rate on in-place rents with room still to increase income.

Listing Agent

Paul Espinosa

Morgan Skenderian Brokerage Email: paul@morganskenderian.com License #01942627 Listed on: 07/18/2025

Co-Listing Agent

Rick Applebaum

Morgan Skenderian Brokerage Email: paul@morganskenderian.com License #01273871

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1976

Lot Details

  • 0.34 Acre Lot
  • No Common Walls

Parking

  • 16 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 7,958 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 3301
  • Assessor Parcel Number 12934330
  • $2,658 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Recreation

  • Park
  • Bike Trail

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,193
  • Fuel Expense $5,994
  • Gardener Expense $3,464
  • Insurance Expense $7,958
  • Maintenance Expense $9,850
  • Water Sewer Expense $5,183
  • New Taxes Expense $39,424
  • Operating Expense $74,084
  • Gross Income $253,889
  • Net Operating Income $172,188

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1976

Lot Details

0

Parking

16

Listing Details

  • CapRate: 5.15
  • Price Per Unit: 334500
  • Property Attached: No
  • Water Sewer Expenses: 5183.00
  • Zoning: R3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3464.00
  • Parcel Number: 12934330
  • Year Built: 1976
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 420.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 16.00
  • Total Parking Spaces: 16.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14850.00
  • Lot Size Acres: 0.3409

Multi Family

  • Electric Expense: 1193.00
  • Fuel Expense: 5994.00
  • Garage Income: 4860.00
  • Gross Income: 253889.00
  • Gross Multiplier: 13.18
  • Gross Operating Income: 246272.00
  • Gross Scheduled Income: 253889.00
  • Insurance Expense: 7958.00
  • Laundry Income: 5959.00
  • Lot Size Area: 14850.0000 Square Feet
  • Maintenance Expense: 9850.00
  • Maintenance Percent: 4.00
  • Net Operating Income: 172188.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 74084.00
  • Operating Expense Percent: 29.20
  • Rent Control: Yes
  • Total Expenses: 74084.00
  • Vacancy Allowance: 7617
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 39424.00
  • Tax Census Tract: 875.05
  • Tax Lot: 24
  • Tax Tract Number: 3301
  • TaxOtherAnnualAssessmentAmount: 2658.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $3,345,000 -- $420 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25162207

California Regional Multiple Listing Service (CRMLS)
California Orange County Anaheim 92802 Hermosa Village

1512 9th St, Anaheim, CA

This home is located at 1512 9th St, Anaheim, CA 92802 and is currently priced at $3,345,000, approximately $420 per square foot. This property was built in 1976. 1512 9th St is a home located in Orange County with nearby schools including Ross (Betsy) Elementary School, Ball Junior High School, and Loara High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Paul Espinosa
Listing Agent
Paul Espinosa
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Morgan Skenderian
(657) 387-0170