Current 6.4% CAP Rate! We are pleased to present 601 N Pauline St, a prime multifamily investment opportunity located in the thriving Anaheim rental market. Built in 1961, the property consists of eight well-maintained 1-bedroom / 1-bathroom units totaling approximately 5,136 square feet on a ±0.23-acre lot. The property features a desirable low-rise garden-style layout with strong curb appeal and functional floor plans averaging approximately 640 square feet per unit.
Each unit includes its own living room, kitchen with garage and uncovered parking, providing an attractive amenity package for tenants. Ownership benefits from separately metered gas and electric utilities, helping minimize operating expenses, while the on-site laundry facility with newer washers and dryers provide added tenant convenience and supplemental income potential. The property’s pitched roof design, newer hot water heater, ample parking, and well-maintained condition further contribute to its long-term investment appeal.
Ideally situated near Anaheim Boulevard and Lincoln Avenue, the property offers convenient access to major employment and entertainment destinations including the Anaheim Packing House, Disneyland, Honda Center, and Angel Stadium. Residents also enjoy close proximity to the 5, 57, and 91 Freeways, providing strong regional connectivity throughout Orange County and surrounding areas.
Listed by Mark Bridge
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License #01316702
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Mark Bridge, Broker
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Mark.Bridge@matthews.com
Last updated June 11, 2026
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Source: CRMLS #OC26120123
Listing Facts
TypeMulti-family
NeighborhoodAnaheim Colony Historic District
Days on Prevu13
Amenities
Parking
Location
Mortgage Calculator
Listing History
06/03/2026
Listed by Mark Bridge, Broker
$2,350,000
Property Details for 601 N Pauline Street
Association
Amenities
Community Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Exterior
Construction
Number Of Units Total: 8
Property Attached: Yes
Roof: Composition, Shingle
Stories: 2
Stories Total: 2
Year Built: 1961
Common Walls: 1 Common Wall
Construction Materials: Frame, Stucco
Entry Level: 1
Entry Location: 1
Features
Road Frontage Type: City Street
Measurements
Building Area Total: 5,136
Building Area Units: Square Feet
Lot Features: 6-10 Units/Acre
Lot Size Acres: 0.23
Lot Size Area: 0
Lot Size Source: Assessor
Lot Size Square Feet: 10,018
Lot Size Units: Acres
Financial
Residential Income
Cap Rate: 6.43
Gross Income: $211,440.00
Operating Expense: $55,144.00
Taxes
Parcel Number: 03516524
Interior
Features
Appliances: Disposal, Gas Oven, Gas Range, Range Hood
Flooring: Carpet, Laminate, Tile, Vinyl
Other
Location
Subdivision Name: Anaheim Colony Neighborhood
Tax Block: 165
Tax Lot: 035
Parking
Parking
Garage Spaces: 8
Garage: Yes
Open Parking Spaces: 2
Parking Features: Assigned, Garage, Paved
Parking Total: 10
Utilities
Equipment
Heating: Natural Gas, Wall Furnace
Has Heating: Yes
Laundry Features: Common Area
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 601 N Pauline Street.
Does this multi-family home have parking?
Yes, there are 8 parking spaces available for 601 N Pauline Street.
How does 601 N Pauline Street compare to other multi-family homes in Anaheim Colony Historic District?
This multi-family home is listed 34% above the average price for multi-family homes in Anaheim Colony Historic District and has been on the market for 106 less days than the typical home in this area.
601 N Pauline Street is a -bedroom multi-family home for sale in Anaheim CA 92805. On Prevu for 13 days at $2,350,000. This residence is located in Anaheim Colony Historic District. The median listing price for multi-family homes in this area is $1,475,000. Property amenities include parking. View other multi-family home listings in Anaheim.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.