119 S Fahrion PlaceAnaheim, CA 92805

Multi-Family · 16,160 Sq. ft. | 0.73 Acres
$8,750,000 Active

119 S Fahrion Place Overview

Time on Site:
19 days
Visits:
0

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 affordable apartment living. The two-story buildings are improved with pitched roofs, providing both architectural character and long-term ownership appeal. The property also benefits from 32 open surface parking spaces, offering one parking space per units, in addition to ample street parking due to the surrounding lower-density neighborhood. This parking availability is a meaningful advantage for residents and enhances the overall tenant experience. A key operational feature of The Courtyard Apartments is the existing on-site laundry facilities, which provides residents with added convenience while creating an additional income stream for ownership. Further upside exists through the existing washer and dryer hookups already located inside each unit, allowing a new owner the potential to implement in-unit laundry options over time to further enhance tenant appeal and support future rent growth. With its desirable all one-bedroom unit mix, four contiguous 8-unit buildings, ample parking, pitched roofs, on-site laundry, and additional operational upside through existing in-unit washer and dryer hookups, The Courtyard Apartments represents a compelling investment opportunity with strong fundamentals and meaningful value-add potential.

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119 S Fahrion Place Facts & Features

  • Type Multi-Family
  • Sq. ft. 16,160
  • Price/Sq.ft. $541
  • Lot 0.73 Acres

Details

General

Association/HOA

  • Common Interest: Community Apartment

Income/Expenses

  • Electric Expense: 2231.0
  • Fuel Expense: 1577.0
  • Gardener Expense: 4476.0
  • Gross Income: 676051.0
  • Gross Scheduled Income: 696960.0
  • Insurance Expense: 33800.0
  • Maintenance Expense: 22432.0
  • Net Operating Income: 457523.0
  • New Taxes Expense: 108240.0
  • Operating Expense: 218528.0
  • Water Sewer Expense: 8521.0

Building Information

  • New Construction: No
  • Year Built: 1959

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: 699 - Not Defined
  • Postal City: ANAHEIM

Community/Development

  • Community Features: Curbs,Gutter(s),Storm Drain(s),Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas,Trash Collection

General Information

  • Listing Terms: Cash,Cash to New Loan,1031 Exchange
  • Parcel Number: 03717315
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 16160.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: courtyard
  • Fireplace Features: None
  • Fireplace: No
  • Laundry Features: Common Area
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 32.0
  • Parking Total: 32.0

Lot Information

  • Additional Parcels Description: 03717316, 03717317, 13717318
  • Additional Parcels: Yes
  • Lot Features: 6-10 Units/Acre
  • Lot Size Acres: 0.73
  • Lot Size Area: 31799.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 31799.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 36
  • Number Of Separate Gas Meters: 36
  • Number Of Separate Water Meters: 4
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Total: 32
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

119 S Fahrion Place Neighborhood

Community

92805 (ANAHEIM) Demographics

32
Median Age
11,774
Population Density (per sq. mile)
29%
College Educated
$71,253
Estimated Median Income
8,300
Estimated Total Home Owners
11,812
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

119 S Fahrion Place Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

119 S Fahrion Place Market Data

Based on the last 30 days in this zip code

$841,263
Average List Price
$547
Average Price per Square Foot
15
Properties Sold
81
Average Days on Market
168
Properties for Sale
Calculations provided by Reliance Network

119 S Fahrion Place History

Date Event Value Agent
6/10/2026Source: CRMLS Added to Database
June 10, 2026
Listing provided courtesy of Kirklen Investment GroupJason Kirklen- MLS# OC26126398MLS ProviderContact Information: [email protected] - 949-942-1300
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