1521 E CanfieldAnaheim, CA 92805

Multi-Family · 15,058 Sq. ft. | 0.54 Acres
$6,394,000 Active

1521 E Canfield Overview

Time on Site:
167 days
Visits:
0

Welcome to Montrose Villa Apartment Homes, a 20 unit multifamily community located at 1521 East Canfield Lane, in the city of Anaheim, California. This two story gated asset benefits from a desirable unit mix of one and two bedroom floorplans, with the average spacious square footage at approximately 752 square feet. Most of the units have been rehabbed to some degree including new vinyl flooring, Quartz countertops with designer backsplashes, new vanities, and new appliances. There are also many new vinyl windows and each unit has a wall AC. All of the main electrical panels have also just been replaced to eliminate any issues with insurance carriers. The property is also individually metered for Gas and Electric along with tenants paying for the trash directly to the city of Anaheim keeping operating costs for an owner to a minimum. On-site amenities include garages for each unit, a sparkling pool and on-site laundry room. While actual in place rents are strong providing for great cash flow, there is still room to raise rents for increased cash flow! Security cameras throughout the property also provide peace of mind to tenants as a safe and secure environment to live in. Additionally, the property boasts an incredibly convenient location, appealing to both regional commuters and local university students. Less than a mile from Montrose Villa Apartments sits the entrances to both the 91 freeway and 57 freeway, with easy access to the Greater Los Angeles job markets. Within just three miles of the property are found California State University Fullerton (CSUF) and Fullerton College.

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1521 E Canfield Facts & Features

  • Type Multi-Family
  • Sq. ft. 15,058
  • Price/Sq.ft. $425
  • Lot 0.54 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: Community Apartment

Income/Expenses

  • Electric Expense: 2500.0
  • Fuel Expense: 4150.0
  • Gross Income: 478994.0
  • Gross Scheduled Income: 490200.0
  • Insurance Expense: 6368.0
  • Net Operating Income: 359783.0
  • Operating Expense: 118662.0
  • Water Sewer Expense: 9900.0

Building Information

  • New Construction: No
  • Year Built: 1969

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: 78 - Anaheim East of Harbor
  • Postal City: ANAHEIM
  • Subdivision Name: Other

Community/Development

  • Community Features: Curbs,Street Lights,Sidewalks,Pool

Rent/Lease Information

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

General Information

  • Listing Terms: Cash to New Loan
  • Parcel Number: 07356239
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 20.0
  • Garage: Yes

Building Interior

  • Building Area Total: 15058.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: Ground
  • Laundry Features: Common Area
  • Levels: Two
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Assigned,Garage
  • Parking Total: 20.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Acres: 0.54
  • Lot Size Area: 23522.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 23522.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 21
  • Number Of Separate Gas Meters: 21
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Total: 20
  • Pool Features: Community,In Ground
  • Pool Private: No
  • Sewer: Public Sewer

1521 E Canfield 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.

1521 E Canfield 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.

1521 E Canfield 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

1521 E Canfield History

Date Event Value Agent
3/26/2026Source: CRMLS Price Reduction
$6,394,000 -0.0%
3/5/2026Source: CRMLS Price Reduction
$6,395,000 -0.8%
2/3/2026Source: CRMLS Price Reduction
$6,445,000 -0.8%
1/13/2026Source: CRMLS Added to Database
January 13, 2026
Listing provided courtesy of Alliance Investment RE GroupRuben Khorsandi- MLS# OC26008353MLS ProviderContact Information: 949-250-0400
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