601 North Pauline Street

Anaheim, CA 92805

$2,375,000
Price
1
Beds
8
Baths
5,134 Sq. Ft.
$463 / Sq. Ft.
5,134
Sq. Ft.
$463
per Sq. Ft.

Description

Introducing a prime investment opportunity in Anaheim, CA - 601 N Pauline St. This multifamily property features a 5,134 SF building offering 8 units, ideal for a savvy investor seeking a low-rise/garden asset. With a vintage charm dating back to 1961, the property boasts garage parking, pitched roof, and strong curb appeal. Investors will appreciate the separately metered utilities and the convenience of on-site laundry facilities. Situated in a strong rental market, this property presents an enticing...Introducing a prime investment opportunity in Anaheim, CA - 601 N Pauline St. This multifamily property features a 5,134 SF building offering 8 units, ideal for a savvy investor seeking a low-rise/garden asset. With a vintage charm dating back to 1961, the property boasts garage parking, pitched roof, and strong curb appeal. Investors will appreciate the separately metered utilities and the convenience of on-site laundry facilities. Situated in a strong rental market, this property presents an enticing opportunity for those looking to expand their portfolio in the thriving Anaheim area.
  1. Listed by Jason Kirklen • DRE #01939655 • Brokerage DRE #02128238 • Kirklen Investment Group • 949-942-1302

Property Details for 601 North Pauline Street

Parking Spaces Total
8
Private Pool
No
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5134
Assessor Parcel Number
035-165-24
Property Attached YN
true
LISTING UPDATED: 01/27/2025 09:21 AM

Property Details for 601 North Pauline Street

StatusActive Under Contract
MLS #OC24225271
Days on Market88
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
CountyOrange County

Building Information for 601 North Pauline Street

Building/Complex601 N Pauline StFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1961Building Size-

Property Information for 601 North Pauline Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $176,471
  • Gross Scheduled Income: $179,640
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $176,471
  • Net Operating Income: $112,132
  • Laundry Income: $2,220
Expense Details
  • Operating Expense: $64,339
  • New Taxes Expense: $29,049
  • Gardener Expense: $2,400
  • Fuel Expense: $0
  • Pest Control Expense: $1,624
  • Electric Expense: $0
  • Insurance Expense: $5,801
  • Maintenance Expense: $7,560
  • Professional Management Expense: $8,092
  • Trash Expense: $0
  • Water Sewer Expense: $9,312
  • Supplies Expense: $500
  • Total Expenses: $64,339
Tax / Assessment Info
  • Tax Tract Number: 3064
  • Tax Census Tract: 865.02
  • CFD/Mello-Roos Fee: $1,947
  • Tax Lot: 8
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 31-35 Units/Acre
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,871
  • Unit Type Total Rent: $14,970
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 601 North Pauline Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 601 North Pauline Street

Taxable ValueLand$396,205Additions$191,182Total$587,387
Tax Record2024$8,586 ($715 / month)
Home Facts
Total Finished SqFt5,134 SqFtAbove Grade Finished SqFt5,134 SqFtStories2Lot Size10,101 SqFtStyleMulti-Family Res (5+ Units)Year Built1961CountyORANGEAPN035-165-24

Schools near 601 North Pauline Street

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
Guinn (James M.) Elementary School
PublicK to 6

Sycamore Junior High School
Public7 to 8

Anaheim 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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Listing Courtesy of Kirklen Investment Group, Jason Kirklen, DRE #01939655

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.