$7,600,000

Glencrest Apartments is a 31-unit multifamily investment property located in Anaheim, California. Situated on a sprawling 0.90-acre lot, Glencrest Apartments offers an attractive mix of one and two-bedroom units featuring vinyl and tile flooring, ceiling fans, and private patios or balconies. The gated property features a desirable amenity package including spacious courtyards, a swimming pool, two on-site laundry facilities, and ample garage parking. Glencrest Apartments benefits from it’s excellent Anaheim location, situated blocks away from Euclid Plaza and Anaheim Plaza, two neighborhood retail centers providing residents with easy access to a variety of grocers and retailers. The property is located just over 2 miles from Disneyland, a major economic and housing driver for the area, which accounts for over 21% of the city’s total employment (per Anaheim’s 2024 Annual Comprehensive Financial Report). Additionally, Glencrest Apartments offers convenient access to the unique shops and restaurants in Downtown Anaheim and Downtown Fullerton. Furthermore, the property benefits from its close proximity to Interstate 5 and State Route 91, connecting residents to employment hubs throughout Orange and Los Angeles Counties. In summary, Glencrest Apartments represents a unique opportunity to acquire a multifamily property in the direct vicinity of Disneyland and other major Anaheim area destinations.