Pearson Gardens is a 20-unit multifamily investment property located in Anaheim, California. Pearson Gardens is a well-maintained, professionally managed property with an excellent unit mix in Anaheim. This garden-style, two-story walk-up features polished landscaping, strong curb appeal, and a gated walk-in entry. The building has a flat roof, a wood frame, and a stucco exterior. Inside, residents enjoy a well-kept interior courtyard, a clean on-site laundry room, and a barbecue area. The 20-unit property features 8, one-bedroom units and 12, two-bedroom/one-bathroom units, with select units including a private patio. All units are separately metered for gas and electricity, with water costs covered by the owner and electricity and gas paid by the residents. The property offers 26 private garage parking spaces, 1 surface parking space, and permitted street parking. Over the last 28 months, 14 units have seen extensive renovations, including 11 fully renovated and 3 partially renovated. Upgrades include new flooring, bathrooms, kitchens, ceilings, fixtures, light switches, outlets, ceiling fans, and fresh paint. Furthermore, all units have been fitted with new dual-pane windows. Additional property enhancements include a new exterior sign package, updated exterior stucco and paint, and improved landscaping. Current ownership has finalized plans for four accessory dwelling units (ADUs), which can be shared with potential buyers. Pearson Gardens is rated “very walkable,” with a walk score of 76. It is conveniently located across the street from Ponderosa Park Family Resource Center, Ponderosa Elementary School, and Ponderosa Park. Proximity to Interstate 5 and the Anaheim Regional Transportation Intermodal Center (ARTIC) ensure convenient access to all of Orange County. Within a 1.5-mile radius of Disneyland Resort and Park, UCI Medical Center, Platinum Triangle, Anaheim Convention Center, Anaheim Business & Industrial Park, Anaheim GardenWalk, Angel Stadium, The Outlets at Orange, and Honda Center. Pearson Gardens’ prime location provides convenient access to major retail, educational, and employment opportunities. Given the strong apartment market in Anaheim, this property presents an investor with the opportunity to attract quality tenants seeking a great location with easy access to various activities, transportation, health, education, and retail amenities.
