Trimark Realty
938 S Gilbuck Drive primary photo
Active·Multi-Family (5 Units)

$1,675,000

-$20,000
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938 S Gilbuck Drive, Anaheim CA 92802

6 beds5 baths2,932 sqft

Multi-Family (5 Units)

Property type

427 days

On market

$571

Price per sqft

5 cars

Garage

1960

Year built

8,276 sqft

Lot size

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Overview

The Gilbuck Apartments are in the prime, rental market of Anaheim, CA surrounded by employment, educational, recreational and retail opportunities. The Anaheim rental market is one of the most robust in the county with historically high occupancy, strong rental growth, and highly desirable location. The property, built in 1960, is entirely single-story construction,...

Listing provided by: Jason Kirklen DRE #01939655, Kirklen Investment Group

Listing updated: Apr 16, 2026 at 11:31pm.

Last checked: Jun 14, 2026 at 04:01am

Source: CRMLS #OC25082967

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
4111$1,990$7,960$2,175Unfurnished
1211$2,200$2,200$2,450Unfurnished
  • # of Buildings: 1

  • # of Units Total: 5

  • Separate Electric Meters: 5

  • Separate Gas Meters: 5

  • Separate Water Meters: 1

  • Rent Control: Yes

Financial Snapshot

Gross Rent Multiplier

13.7x

List Price / Annual Gross Rent

Cap Rate

5.13%

NOI / List Price

  • Gross Scheduled Income: $121,920

  • Vacancy Allowance Rate: 3%

  • Operating Expense: $43,117

  • Net Operating Income: $85,886

Annual Operating Expenses

  • Electric: $884

  • Gardener: $1,639

  • Fuel: $2,396

  • Insurance: $3,148

  • Licenses: $500

  • Maintenance: $4,725

  • New Taxes: $19,436

  • Pest Control: $915

  • Professional Management: $5,527

  • Trash: $1,320

  • Water / Sewer: $2,628

Interior

  • Laundry: Common Area

  • Entry Location: Front

Exterior

  • Property Attached: Yes

  • Stories Total: 1

  • Common Walls: Two Common Walls Or More

  • Lot Features: Six To Ten Units Acre

  • Pool: None

  • Water Source: Public

  • Sewer: Public Sewer

Garage and Parking

  • Garage Spaces: 5

  • Parking Total: 5

Lot Information

  • Land Lease: No

  • Common Interest: CommunityApartment

  • Parcel #: 25017406

  • Additional Parcels: No

  • Tax Lot: 85

Community

  • Senior Community: No

    • Community Features: Curbs, Sidewalks