670 S Magnolia Avenue, Anaheim, CA 92804

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.)