Anaheim, CA 92802 938 S Gilbuck Drive
$1,675,000
0 more
Presented By: Jason Kirklen with Kirklen Investment Group; 949-942-1302
- MLS# OC25082967
- 04/15/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 4
Baths • 1
SQFT • 2,932
Garage • 5
Home Details
The Gilbuck Apartments are in the prime, rental market of Anaheim, CA surrounded by employment, educational, recreational and retail opportunities. The Anaheim rental market is one of the most robust in the county with historically high occupancy, strong rental growth, and highly desirable location.
The property, built in 1960, is entirely single-story construction, offers tenants carport parking, individual metering for utilities, and a desirable unit mix of 80% one-bedroom and 20% two-bedroom units. The property's location offers tremendous access to freeways for tenants to reach the greater socal area and other employment opportunities. Within the immediate area of the Gilbuck Apartments are thousands of employment opportunities, recreational opportunities including public parks, movie theaters, and Disneyland, retail and shopping centers, and numerous educational opportunities.
Presented By: Jason Kirklen with Kirklen Investment Group; 949-942-1302
Interior Features for 938 S Gilbuck Drive
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories1
Other Rooms
Entry Level1
General for 938 S Gilbuck Drive
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityAnaheim
Community FeaturesCurbs, Sidewalks
CountyOrange
Directions5 North Exit West Ball, Right on Gilbuck
Electric Expense884.0
Entry Locationfront
Fuel Expense2396.0
Garage Spaces5.0
Garage Y/NYes
Gross Income129002.0
HOANo
Home Warranty Y/NNo
Insurance Expense3148.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Exchange1031
Lot Size Square Feet8276.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
Maintenance Expense4725.0
MobileHomeRemainsYNNo
Net Operating Income85886.0
New ConstructionNo
Number Of Units Total5
Operating Expense43117.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot85
Taxes$19,436
Trash Expense1320.0
Water Sewer Expense2628.0
Year Built1960
Year Built SourceAssessor
Exterior for 938 S Gilbuck Drive
Building Area Total2932.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.19
Lot Size Area8276.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking5.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate