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  • 1516 W Juno

1516 W Juno, Anaheim, CA 92802

$1,395,000 Approx. USD 0 beds, 0 baths

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Photo of Patrick Ahern

Patrick Ahern REALTOR® - Sales Associate 858-220-9001 m
858-459-0501 o
Lic#: 00610408
NRDS ID: 196548265
aherngroup@gmail.com Text Me
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Lic#: 00610408
NRDS ID: 196548265
aherngroup@gmail.com La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
Phone: 858-459-0501
Fax: 858-459-3275
 La Jolla Prospect 1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
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Fax: 858-459-3275
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Listing Agent


Paul Banke | paul@kig-usa.com
Lic#: 02113308
Broker: Courtesy of Kirklen Investment Group
Phone: 949-942-1300

Agent Remarks

We are pleased to present 1516 W Juno Avenue, a well-maintained, single-story four-unit apartment property offered for the first time in nearly 50 years. Located in an established Anaheim neighborhood, the subject property features a desirable unit mix of (2) one-bedroom/one-bathroom units and (2) two-bedroom/one-bathroom units. The subject property also features amenities such as garage parking, private patios, and an on-site laundry that is currently unused, providing a new owner the opportunity to generate additional income through installation of washer and dryer units. Built in 1958, the single-story building totals 2,952 square feet on an 8,454-square-foot lot, and each unit is separately metered for gas and electricity. At current rents averaging $2,040 per unit, the property generates $66,697 in Net Operating Income against a list price of $1,395,000 ($348,750 per unit, $473 per square foot). In-place rents sit below the comparable set bringing units to market rents of $2,450 (2BR) and $2,150 (1BR) represents a 12.7% lift in rental income. Paired with activating the laundry room and billing RUBS, that path takes NOi to $81,364 and the cap rate on list price from 4.78% to 5.83%. Convenient access to the 1-5 freeway, Disneyland, Downtown Anaheim, the Platinum Triangle and nearby employment centers supports the property's rental appeal, with Loara High School nearby and Ball Junior High School within walking distance. With its single-story layout, stable in-place income and clear opportunities to increase value, 1516 W Juno Avenue presents an attractive investment for buyers seeking lasting value in Orange County.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# OC26240216
Price: $1,395,000
Beds: 0
Baths: 0
None fireplaces
Built in 1958
0.19 acres
Lot size: 0.1941
County: Orange
Parking description: Assigned
Lot description: TwoToFiveUnitsAcre,Corner Lot
Heating/cooling: None
Heating description: Forced Air
MLS area: 699 - Not Defined

Last Updated: 11/10/2026

 Days On Market (DOM): 2

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 33.818652, -117.933574.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Patrick Ahern

Patrick Ahern REALTOR® - Sales Associate 858-220-9001 m
858-459-0501 o
Lic#: 00610408
NRDS ID: 196548265
aherngroup@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 00610408
NRDS ID: 196548265
aherngroup@gmail.com
La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
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