2119 East Westport Drive

Anaheim, CA 92806

$2,088,000
Price
3
Beds
7
Baths
4,399 Sq. Ft.
$475 / Sq. Ft.
4,399
Sq. Ft.
$475
per Sq. Ft.

Description

2119 East Westport Drive is a 7-unit multifamily investment property located in Anaheim, California. The property offers a mix of one and two-bedroom floor plans, of which select units have recently undergone substantial renovations including vinyl and carpet flooring, kitchens, bathrooms, and more. Additionally, current ownership has invested significant capital into improvements including the installation of a new roof as well as dual-pane windows and upgraded air conditioning in all units. Residents...2119 East Westport Drive is a 7-unit multifamily investment property located in Anaheim, California. The property offers a mix of one and two-bedroom floor plans, of which select units have recently undergone substantial renovations including vinyl and carpet flooring, kitchens, bathrooms, and more. Additionally, current ownership has invested significant capital into improvements including the installation of a new roof as well as dual-pane windows and upgraded air conditioning in all units. Residents enjoy amenities including an on-site laundry facility and ample garage parking. 2119 East Westport Drive has an attractive North Orange County location, situated just east of Downtown Anaheim. The property is located adjacent to Anaheim Town Square, anchored by Target and Northgate Market, providing residents with convenient access to everyday needs. Additionally, 2119 East Westport Drive is just over 2.25 miles from Disneyland, the premier employer within the city per Anaheim’s 2023 Annual Comprehensive Financial Report. Furthermore, the property is within 2.50 miles of the Platinum Triangle, home to Angel Stadium, Honda Center, and an intensive urban development plan creating high density mixed-use, office, restaurant, and residential projects. 2119 East Westport Drive benefits from its close proximity to State Routes 57 and 91, connecting residents to major employment hubs throughout Southern California. The Anaheim submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 96.1 percent (Q2 2024) and average year-over-year effective rent growth of 3.5 percent for 2023, demonstrating the strong demand for rental housing. Anaheim’s central location, strong economic growth, and unmatched local attractions have made it one of Southern California’s most desirable and versatile markets. Given the strength of the overall apartment market within the city of Anaheim, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of activities, transportation, and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 2119 East Westport Drive.
  1. Listed by Tyler Leeson • DRE #01451551 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com

Property Details for 2119 East Westport Drive

Parking Spaces Total
7
Private Pool
No
Total Units
7.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4399
Assessor Parcel Number
083-441-07
Property Attached YN
false
LISTING UPDATED: 10/21/2024 04:52 AM

Property Details for 2119 East Westport Drive

StatusActive
MLS #OC24212954
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
CountyOrange County

Building Information for 2119 East Westport Drive

Building/Complex2119 E Westport DrFloor-Stories2Residences-Pet Policy-Year Built1959Building Size-

Property Information for 2119 East Westport Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $145,260
  • Gross Scheduled Income: $143,760
  • Vacancy Allowance: 4313
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $139,447
  • Net Operating Income: $96,362
  • Other Income Description: Misc
  • Other Income 1: $1,500
  • Gross Multiplier: 14.37
  • Cap Rate: 4.62
Expense Details
  • Operating Expense: $44,585
  • Operating Expense Percent: 31.60%
  • New Taxes Expense: $22,950
  • Fuel Expense: $1,612
  • Electric Expense: $1,612
  • Insurance Expense: $3,922
  • Maintenance Expense: $4,200
  • Professional Management Expense: $0
  • Other Expense: $7,065
  • Other Expense Description: Misc
  • Trash Expense: $1,612
  • Water Sewer Expense: $1,612
  • Total Expenses: $44,585
Tax / Assessment Info
  • Tax Tract Number: 3288
  • Tax Census Tract: 863.04
  • CFD/Mello-Roos Fee: $1,865
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: First level
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 7
  • Parking Garage Spaces: 7
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 6
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $9,740
  • Unit Type Total Rent: $9,740
  • Unit Type Pro Forma: 12300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,240
  • Unit Type Total Rent: $2,240
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 2119 East Westport Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2119 East Westport Drive

Taxable ValueLand$689,098Additions$219,652Total$908,750
Tax Record2024$11,854 ($988 / month)
Home Facts
Total Finished SqFt4,399 SqFtAbove Grade Finished SqFt4,399 SqFtStories2Lot Size8,780 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountyORANGEAPN083-441-07

Schools near 2119 East Westport Drive

This home is within Anaheim Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Juarez (Benito) Elementary School
PublicK to 6

South Junior High School
Public7 to 8

Katella High School
Public9 to 12

Vibrant Minds Charter
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2119 East Westport Drive is a multi-family home for sale in Anaheim, CA 92806. This property was listed for sale on October 14, 2024 by Marcus & Millichap RE Invest, it's currently listed at $2,088,000. It has been on the market for a total of 21 days and was last sold on July 24, 2002. This listing's school districts are Anaheim Union High School District, Anaheim Elementary School District. Nearby schools include Juarez (Benito) Elementary School, South Junior High School and Katella High School. 2119 East Westport Drive is a 3-bed, 7-bath, 4,399 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.