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$1,135,000

  • Sold
  • Closed
  • Multi-Family
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Below Market Rents = Significant Rent Growth Opportunity. Updated units in the area command substantially higher rents than current in-place leases. With selective renovations (kitchens, baths, flooring, paint, windows), rents can be increased several hundred dollars per unit per month, dramatically improving cash flow and property value. Making this property well over a 5.5% CAP on market rents. Front triplex + detached rear unit appeals to a wide range of tenants. Rear unit could command a premium (privacy, standalone structure). Potential for long-term hold, cash flow, or future redevelopment. Current rents are well below market. Immediate upside through interior renovations and bringing rents to market levels. Additional potential through exterior cosmetic improvements, utility bill-backs (RUBS), and improved management.

Full Property Details for 208 S Illinois

General

  • Sold For: $1,135,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: NP25240630
  • Added to Site: 93 day(s) ago

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 2
  • Parking Features: None
  • Parking: None

Location

  • Area: 699 - Not Defined
  • County: Orange
  • Development Name: 699 - Not Defined
  • Driving Directions: Cross Streets are Lincoln and Harbor Blvd.

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 5
  • # Electric Meters: 5

Structural Information

  • Entry Location: Street
  • Stories/Levels: One,Two
  • Stories Description: One, Two
  • Square Feet: 3,658
  • Year Built: 1949

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.1779
  • Lot Size Source: Public Records
  • Lot Description: Near Public Transit

Financial Considerations

  • Price Per Sq. Ft.: $310.28
  • Price Per Unit: 337500

Listed by R L M Equities, Ryan Anderson
Sold by R L M Equities, Randall Mycorn

Listing agent

— 208 S Illinois —

  • Ryan Anderson

    R L M Equities

949-290-0199

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 208 S Illinois

School Districts:Anaheim Elementary School District, Anaheim Union High School District
NameGradesDistance
Franklin (Benjamin) Elementary School
521 West Water Street, Anaheim, CA 92805
K-60.4 mi
Sycamore Junior High School
1801 East Sycamore Street, Anaheim, CA 92805
7-82 mi
Anaheim High School
811 West Lincoln Avenue, Anaheim, CA 92805
9-120.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 208 S Illinois

Date
Details
Price
Change
Source
11/21/2025
Sold
$1,135,000
-15.93%
MLS
10/15/2025
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by R L M Equities, Ryan Anderson
Sold by R L M Equities, Randall Mycorn

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208 S Illinois, Anaheim, CA 92805 (MLS# NP25240630) is a Multi-Family property that was sold at $1,135,000 on November 21, 2025. Want to learn more about 208 S Illinois? Do you have questions about finding other Multi-Family real estate for sale in Anaheim? You can browse all Anaheim real estate or contact a Coldwell Banker agent to request more information.