421 N Rose St Anaheim, CA 92805
The Colony NeighborhoodEstimated payment $18,728/month
About This Home
This 8-unit apartment building is located at 421 North Rose Street in Anaheim, CA. The property benefits from its excellent unit mix of 100% two-bedroom units, as well as two-story construction. The property is very well-maintained and spacious. The interior and exterior were recently renovated and each unit includes it's own, individual water heater. The property boasts eight (8), single parking spaces and is separately metered for gas and electricity. The desirable unit mix and amenities keep occupancy high and cash flow strong. The Anaheim rental market remains strong, as it's one of the top cities in the US in terms of rent growth. Tenants also benefit from proximity to major freeways like the 91, 57, and 5 freeways as well as a variety of shopping, entertainment, educational, and occupational opportunities.
Listing Agent
Kirklen Investment Group Brokerage Phone: 949-942-1302 License #01939655 Listed on: 04/01/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 6,970 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 6,440 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tax Lot 50
- Tax Tract Number 2723
- Assessor Parcel Number 03522314
- $2,130 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 8 Units
Building Details
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,414
- Gardener Expense $2,160
- Insurance Expense $7,277
- Maintenance Expense $8,984
- Pest Control $1,624
- Professional Management Expense $10,449
- Supplies Expense $750
- Trash Expense $2,112
- Water Sewer Expense $4,205
- New Taxes Expense $36,478
- Operating Expense $75,434
- Gross Income $225,393
- Net Operating Income $149,960
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $32,120 | $2,783,070 | $2,392,920 | $390,150 |
| 2024 | $32,120 | $2,728,500 | $2,346,000 | $382,500 |
| 2023 | $22,279 | $1,840,605 | $1,227,071 | $613,534 |
| 2022 | $21,989 | $1,804,515 | $1,203,011 | $601,504 |
| 2021 | $22,022 | $1,769,133 | $1,179,423 | $589,710 |
| 2020 | $21,927 | $1,750,993 | $1,167,329 | $583,664 |
| 2019 | $21,287 | $1,716,660 | $1,144,440 | $572,220 |
| 2018 | $20,853 | $1,683,000 | $1,122,000 | $561,000 |
| 2017 | $20,045 | $1,650,000 | $1,100,000 | $550,000 |
| 2016 | $14,163 | $1,097,665 | $647,208 | $450,457 |
| 2015 | $14,033 | $1,081,178 | $637,487 | $443,691 |
| 2014 | $13,204 | $1,060,000 | $625,000 | $435,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2025 11/21/25 | Price Changed | $3,125,000 | -2.3% | $485 / Sq Ft | |
| 10/09/2025 10/09/25 | Price Changed | $3,200,000 | -5.0% | $497 / Sq Ft | |
| 10/08/2025 10/08/25 | Price Changed | $3,370,000 | -1.5% | $523 / Sq Ft | |
| 04/01/2025 04/01/25 | For Sale | $3,420,000 | +107.3% | $531 / Sq Ft | |
| 09/30/2016 09/30/16 | Sold | $1,650,000 | -2.9% | $256 / Sq Ft | View Prior Sale |
| 07/05/2016 07/05/16 | For Sale | $1,700,000 | -- | $264 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25070755
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Ask me questions while you tour the home.