601 N Pauline StreetAnaheim, CA 92805

Multi-Family · 5,136 Sq. ft. | 0.23 Acres
$2,350,000 Active

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.

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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

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.

601 N Pauline Street 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.

601 N Pauline Street 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

601 N Pauline Street History

Date Event Value Agent
6/3/2026Source: CRMLS Added to Database
June 03, 2026
Listing provided courtesy of Mark Bridge, BrokerMark Bridge- MLS# OC26120123MLS ProviderContact Information: 949-474-4004
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