601 N Pauline Street Overview
- Time on Site:
- 26 days
- Visits:
- 0
Current 6.4% CAP Rate! We are pleased to present 601 N Pauline St, a prime multifamily investment opportunity located in the thriving Anaheim rental market. Built in 1961, the property consists of eight well-maintained 1-bedroom / 1-bathroom units totaling approximately 5,136 square feet on a ±0.23-acre lot. The property features a desirable low-rise garden-style layout with strong curb appeal and functional floor plans averaging approximately 640 square feet per unit. Each unit includes its own living room, kitchen with garage and uncovered parking, providing an attractive amenity package for tenants. Ownership benefits from separately metered gas and electric utilities, helping minimize operating expenses, while the on-site laundry facility with newer washers and dryers provide added tenant convenience and supplemental income potential. The property’s pitched roof design, newer hot water heater, ample parking, and well-maintained condition further contribute to its long-term investment appeal. Ideally situated near Anaheim Boulevard and Lincoln Avenue, the property offers convenient access to major employment and entertainment destinations including the Anaheim Packing House, Disneyland, Honda Center, and Angel Stadium. Residents also enjoy close proximity to the 5, 57, and 91 Freeways, providing strong regional connectivity throughout Orange County and surrounding areas.
601 N Pauline Street Facts & Features
- Type Multi-Family
- Sq. ft. 5,136
- Price/Sq.ft. $458
- Lot 0.23 Acres
Details
General
Association/HOA
- Common Interest: None
Income/Expenses
- Other Expense: 5201.0
- Electric Expense: 2856.0
- Fuel Expense: 816.0
- Gardener Expense: 1440.0
- Gross Income: 211440.0
- Gross Scheduled Income: 211440.0
- Insurance Expense: 7320.0
- Maintenance Expense: 4000.0
- Net Operating Income: 151153.0
- New Taxes Expense: 26696.0
- Operating Expense: 55144.0
- Water Sewer Expense: 2856.0
Listing Information
- Contingency: Do Not Disturb Tenants, Drive by Only. Interior Inspection Upon Signed Contract.
Building Information
- New Construction: No
- Year Built: 1961
Location/Region
- Country: US
- County Or Parish: Orange
- MLS Area Major: 78 - Anaheim East of Harbor
- Postal City: ANAHEIM
- Subdivision Name: Anaheim Colony Neighborhood
Community/Development
- Community Features: Curbs,Gutter(s),Storm Drain(s),Street Lights,Suburban,Sidewalks
Rent/Lease Information
- Land Lease: No
- Tenant Pays: Electricity,Gas,Trash Collection
General Information
- Listing Terms: Cash,Cash to New Loan
- Parcel Number: 03516524
- Property Sub Type: Apartment
- Property Type: Residential Income
- Rent Control: No
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 8.0
- Garage: Yes
Building Interior
- Building Area Total: 5136.0
- Building Area Units: Square Feet
General Information
- Appliances: Disposal,Gas Oven,Gas Range,Range Hood
- Common Walls: 1 Common Wall
- Entry Level: 1
- Entry Location: 1
- Fireplace Features: None
- Fireplace: No
- Flooring: Carpet,Laminate,Tile,Vinyl
- Laundry Features: Common Area
- Levels: Two
- Spa Features: None
- Spa: No
- Stories: 2
- Stories Total: 2
Exterior
Parking Information
- Open Parking Spaces: 2.0
- Parking Features: Assigned,Garage,Paved
- Parking Total: 10.0
Lot Information
- Additional Parcels: No
- Lot Features: 6-10 Units/Acre
- Lot Size Acres: 0.23
- Lot Size Area: 0.23
- Lot Size Source: Assessor
- Lot Size Square Feet: 10018.8
- Lot Size Units: Acres
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 9
- Number Of Separate Gas Meters: 9
- Number Of Separate Water Meters: 1
- Road Surface Type: Paved
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Construction Materials: Frame,Stucco
- Property Attached: Yes
- Roof: Composition,Shingle
General Information
- Number Of Units Leased: 8
- Number Of Units Total: 8
- Pool Features: None
- Pool Private: No
- Road Frontage Type: City Street
- Sewer: Public Sewer
- Utilities: Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
601 N Pauline Street Neighborhood
Community
92805 (Anaheim) Demographics
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.601 N Pauline Street Monthly Cost
601 N Pauline Street Market Data
Based on the last 30 days in this zip code
601 N Pauline Street History
| Date | Value | Agent |
|---|---|---|
| 6/3/2026Source: CRMLS | June 03, 2026 |
Contact Information: 949-474-4004