Description

1716 - 1722 East Lincoln Avenue is an 8-unit multifamily investment property located in Anaheim, California. Built in 1954, the property consists of 8 single-story one-bed/one-bath units totaling approximately 4,028 net rentable square feet on a 0.38-acre parcel. The single-story configuration offers residents convenient ground-level living without upstairs neighbors, providing greater privacy and everyday comfort while broadening the propertys appeal to prospective tenants. Ownership invested approximately $345,000 in extensive property-wide renovations in 2026, transforming all 8 residences with modernized kitchens and bathrooms, contemporary flooring and finishes, and in-unit laundry. Improvements extend beyond the interiors and include new electrical subpanels and window air-conditioning units, fresh exterior paint and restriped parking areas. These upgrades position the property as a turnkey investment without the immediate need for extensive renovations. Another notable feature is the propertys generous parking supply, with 15 surface spaces serving just 8 residences. Each unit includes one assigned parking space, while the remaining 7 are available for separate lease to tenants requiring additional parking. This arrangement provides residents with convenient on-site parking while offering ownership a source of supplemental rental income. Beyond the completed renovations, ownership has advanced plans for 4 proposed two-bed/two-bath accessory dwelling units (ADUs), each measuring approximately 707 square feet. Approximately $45,000 has been invested in architectural, e