$4,999,000

Estimated payment $29,904/month

Total Views 1,498
3 Beds
2 Baths
10,678 Sq Ft
$468 Price per Sq Ft

Highlights

  • 0.42 Acre Lot
  • Forced Air Heating System
  • Laundry Facilities

About This Home

South Trident Apartments is a 16-unit multifamily investment opportunity comprised of two contiguous 8-unit buildings situated on a combined 18,084 square foot lot in the heart of West Anaheim. Built in 1958, the property offers a desirable unit mix of twelve one-bedroom/one-bathroom and four two-bedroom/one-bathroom units, providing a diversified income base that appeals to a broad range of renters seeking quality, affordable apartment living in one of Orange County's most sought-after submarkets.
The property is a stabilized, income-producing asset with current rents at or near market rate, supported by meaningful ancillary income streams including RUBS, garage parking, laundry, and pet income — generating strong in-place cash flow from day one. With a current CAP rate of 5.23% and a path to 6.37% at market rents, South Trident Apartments offers both stability and upside in a single well-located package.
Residents benefit from an exceptional amenity package that is rare for properties of this vintage and size. The property features a sparkling swimming pool, on-site laundry rooms, 16 garage parking spaces, and gated entry — all of which contribute to strong tenant retention and consistent occupancy. The mature, well-maintained landscaping and clean building exterior further enhance curb appeal and support the property's reputation as a desirable place to live.
From a location standpoint, South Trident Apartments is exceptionally well-positioned. The property sits within close proximity to the I-5 Freeway, Disneyland Park and Resort, Knott's Berry Farm, Ball Road retail corridors, and an array of daily conveniences including Ralphs, Walgreens, Bank of America, and numerous dining options. Nearby schools including Clara Barton Elementary and Gilbert High School further reinforce the property's appeal to families and long-term renters.
With its stabilized income profile, desirable amenity set, proven ancillary income streams, and a prime West Anaheim location, South Trident Apartments represents a compelling acquisition for investors seeking a quality, lower-management-intensity asset with a clear path to enhanced returns as market rents continue their upward trajectory.

Listing Agent

Jason Kirklen

Kirklen Investment Group Brokerage Phone: 949-942-1302 License #01939655 Listed on: 06/09/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 18,084 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre
  • 12829127

Parking

  • 8 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 10,678 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Rain Gutters
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 3266
  • Assessor Parcel Number 12829126
  • $4,407 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • 17 Separate Electric Meters
  • 17 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,084
  • Fuel Expense $3,653
  • Gardener Expense $3,840
  • Insurance Expense $12,066
  • Maintenance Expense $15,120
  • Other Expense $12,000
  • Pest Control $2,025
  • Pool Expense $3,356
  • Professional Management Expense $18,540
  • Water Sewer Expense $4,545
  • New Taxes Expense $61,210
  • Operating Expense $138,440
  • Gross Income $412,010
  • Net Operating Income $261,210

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0.42 Acres

Parking

8

Listing Details

  • Assessments: Yes
  • CapRate: 5.23
  • Professional Management Expense: 18540.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4545.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3840.00
  • Parcel Number: 12829126
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 468.16

Exterior Features

  • Pool Expense: 3356.00
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Pest Control Expense: 2025.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Gutters, Curbs, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 12829127
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 18084.00
  • Lot Size Acres: 0.4152

Rental Info

  • Garage Rental Rate: 25.00
  • Tenant Pays: Gas, Trash Collection, Electricity

Multi Family

  • Electric Expense: 1084.00
  • Fuel Expense: 3653.00
  • Garage Income: 250.00
  • Gross Income: 412010.00
  • Gross Multiplier: 12.13
  • Gross Operating Income: 399650.00
  • Gross Scheduled Income: 412010.00
  • Insurance Expense: 12066.00
  • Laundry Income: 293.00
  • Lot Size Area: 18084.0000 Square Feet
  • Maintenance Expense: 15120.00
  • Net Operating Income: 261210.00
  • Number Of Rented Garages: 10
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 17
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 16
  • Operating Expense: 138440.00
  • Other Expense: 12000.00
  • Other Expense Description: On site
  • Other Income1: 140.00
  • Other Income2: 900.00
  • Other Income Description: Pet and RUBS Income
  • Rent Control: No
  • Total Expenses: 138440.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 61210.00
  • Tax Lot: 6
  • Tax Tract Number: 3266
  • TaxOtherAnnualAssessmentAmount: 4407.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $29,446 $2,397,500 $2,097,500 $300,000
2024 $21,583 $1,769,891 $957,484 $812,407
2023 $21,121 $1,735,188 $938,710 $796,478
2022 $20,844 $1,701,165 $920,304 $780,861
2021 $20,873 $1,667,809 $902,259 $765,550
2020 $20,783 $1,650,708 $893,007 $757,701
2019 $20,180 $1,618,342 $875,497 $742,845
2018 $19,769 $1,586,610 $858,330 $728,280
2017 $19,006 $1,555,500 $841,500 $714,000
2016 $14,967 $1,169,409 $943,915 $225,494
2015 $14,830 $1,151,844 $929,737 $222,107
2014 $12,559 $1,000,000 $786,972 $213,028
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2026 06/09/26 For Sale $4,999,000 +4.1% $468 / Sq Ft
08/19/2024 08/19/24 Sold $4,800,000 -1.9% $449 / Sq Ft View Prior Sale
03/26/2024 03/26/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $4,895,000 -- $458 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $4,795,000 First American Title
Grant Deed -- None Listed On Document
Grant Deed -- Chicago Title Company
Grant Deed $3,050,000 Chicago Title Company
Grant Deed -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $2,835,000 New Conventional
Previous Owner $1,650,000 Commercial
Previous Owner $1,085,000 Negative Amortization
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26125414

California Regional Multiple Listing Service (CRMLS)
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