For Sale Multi-Family MLS# OC26188851

670 S Magnolia Avenue

Anaheim, CA 92804

$3,890,000

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About 670 S Magnolia Avenue

Rarely does an investment opportunity check every single box, let alone offer a structure this flexible. Welcome to a premier, 2006-built seven-unit multifamily community located right in the vibrant heart of North Orange County. What truly sets this property apart is its incredible legal flexibility: each of these seven townhome-style units comes with its own individual APN. This rare structural setup gives you unparalleled exit strategies, whether you want to hold the entire portfolio for steady, long-term cash flow or sell off individual units down the road as separate townhomes. Step inside, and you’ll find that these layouts are built to impress. Averaging a spacious 1,607 square feet, these massive two- and three-bedroom townhomes feel much more like single-family luxury residences than traditional apartments. Every home comes loaded with highly sought-after amenities, including dramatic vaulted ceilings, central HVAC, private balconies or patios, and direct-access two-car garages with in-unit washer and dryer hookups. Even better, two of the units have been beautifully updated with fresh interior paint, modern countertops, and new flooring—giving you a turnkey proof of concept and an immediate opportunity to capture premium rental upside. Location is everything, and this Anaheim gem puts your residents right where they want to be. Commuting is a breeze with quick access to major Southern California employment corridors, and world-class entertainment, shopping, and dining at Disneyland are just minutes away. Families will love the daily convenience of being within easy walking distance to all levels of public schooling, from elementary through high school. Whether you are looking for a stable portfolio addition or a unique project with a built-in exit strategy, this North Orange County property delivers rare potential in an unbeatable location. (THIS PROPERTY HAS BEEN BUILT TO BE A CONDO SPECIFICATION.)

Property details

Property

Type
Multi Family
MLS type
Multi Family Home
Status
Active
Year built
2006
Stories
3
Living area
11,701 sqft
Price / sqft
$332
Lot
0.4225
Original price
$4,250,000
MLS #
OC26188851

Interior

Heating
Central, Natural Gas
Cooling
Central Air, Electric
Laundry
Inside

Exterior & lot

Features
Parking spaces: 14
Construction
Frame, Stone Veneer, Stucco
Roof
Concrete, Tile
Fence
Stucco Wall

Schools

District
Anaheim Union High School District

Utilities

Utilities
Public, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Standard
Water
Public
Security
Carbon Monoxide Detector(s), Smoke Detector(s)

Financial

Annual tax
$3,665
Tax year
2025
Parcel
93934035
Special conditions
Standard

Location

Area
79 - Anaheim West of Harbor
County
Orange
Directions
S Magnolia Ave between Orange Ave and Ball Rd

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Listed by Beau Beardslee, First Team Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.