1215 South Athena Way is a 4-unit multifamily property located in Anaheim, CA. Built in 1972, the property offers a desirable unit mix, strong parking, and meaningful recent improvements in a well-located Anaheim submarket. The property consists of two and three-bedroom units, each with private outdoor space and individual laundry hookups located within the unit’s assigned garage, a highly sought-after amenity that supports tenant retention and rental demand. Current ownership has completed a full interior renovation of one unit while also investing in multiple property-wide improvements, establishing a clear and proven renovation path for future ownership. The renovated unit highlights the achievable rental and lifestyle upside through modern finishes, while the remaining units provide immediate value-add potential through continued interior upgrades over time. The property is supported by 7 total parking spaces, including three single-car garages, one two-car garage, and two surface spaces, along with recently upgraded windows, garage doors, and major building systems. Combined with its proximity to major employment, entertainment, and transit corridors, 1215 South Athena Way represents a compelling opportunity for both owner-operators and long-term investors seeking a well-maintained Anaheim asset with future upside.
AGENT: Christian Tait LISTING BROKERAGE: Marcus & Millichap RE Invest
Courtesy of Marcus & Millichap RE Invest. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1215 S Athena WY
Anaheim, CA
Property Details
Price:
$1,850,000
MLS #:
OC26022232
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
78anaheimeastofharbor
Listed Date:
Jan 30, 2026
Total Sq Ft:
4,345
Lot Size:
8,276 sqft / 0.19 acres (approx)
Year Built:
1972
78 – Anaheim East Of Harbor78anaheimeastofharbor
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Schools
Interior
Laundry Features
ELC, WH
Levels
U
Exterior
Common Walls
NCW
Community Features
SDW, SL, CRB, CW
Garage Spaces
5
Parking Spots
7
Parking Total
7
Financial
Gross Operating Income
$117,855
Maintenance Fee
$4,000
Net Operating Income
$82,272
Map
Community
- Address1215 S Athena WY Anaheim CA
- SubdivisionOther (OTHR)
- CityAnaheim
- CountyOrange
- Zip Code92806
