1215 S Athena Way

7
Baths
4,345 Sq. Ft.
$426 / Sq. Ft.
4,345
Sq. Ft.
$426
per Sq. Ft.

Description

1215 South Athena Way is a 4-unit multifamily property located in Anaheim, CA. Built in 1972, the property offers a desirable unit mix, strong parking, and meaningful recent improvements in a well-located Anaheim submarket. The property consists of two and three-bedroom units, each with private outdoor space and individual laundry hookups located within the unit’s assigned garage, a highly sought-after amenity that supports tenant retention and rental demand. Current ownership has completed a full...1215 South Athena Way is a 4-unit multifamily property located in Anaheim, CA. Built in 1972, the property offers a desirable unit mix, strong parking, and meaningful recent improvements in a well-located Anaheim submarket. The property consists of two and three-bedroom units, each with private outdoor space and individual laundry hookups located within the unit’s assigned garage, a highly sought-after amenity that supports tenant retention and rental demand. Current ownership has completed a full interior renovation of one unit while also investing in multiple property-wide improvements, establishing a clear and proven renovation path for future ownership. The renovated unit highlights the achievable rental and lifestyle upside through modern finishes, while the remaining units provide immediate value-add potential through continued interior upgrades over time. The property is supported by 7 total parking spaces, including three single-car garages, one two-car garage, and two surface spaces, along with recently upgraded windows, garage doors, and major building systems. Combined with its proximity to major employment, entertainment, and transit corridors, 1215 South Athena Way represents a compelling opportunity for both owner-operators and long-term investors seeking a well-maintained Anaheim asset with future upside.
  1. Listed by Christian Tait • DRE #02111248 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest • christian.tait@marcusmillichap.com
  2. Listed by Tyler Leeson • DRE #01451551 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest

Property Details for 1215 South Athena Way

Parking Spaces Total
7
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4345
Assessor Parcel Number
253-171-03
Property Attached YN
false
LISTING UPDATED: 01/30/2026 04:13 AM

Property Details for 1215 South Athena Way

StatusActive
MLS #OC26022232
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1972
CountyOrange County

Location

Listing Courtesy of Marcus & Millichap RE Invest, Christian Tait, DRE #02111248; Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551
Add your commute

Building Information for 1215 South Athena Way

Building/Complex1215 S Athena WayFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1972Building Size-

Payment Calculator

$10,627 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,017

Property Taxes

$1,610

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1215 South Athena Way

Income / Expense / Tax Details
Income Details
  • Gross Income: $121,500
  • Gross Scheduled Income: $121,500
  • Vacancy Allowance: 3645
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $117,855
  • Net Operating Income: $82,272
  • Gross Multiplier: 15.23
  • Cap Rate: 4.45
Expense Details
  • Operating Expense: $35,583
  • Operating Expense Percent: 30.20%
  • New Taxes Expense: $21,022
  • Fuel Expense: $763
  • Electric Expense: $762
  • Insurance Expense: $3,603
  • Maintenance Expense: $4,000
  • Trash Expense: $762
  • Water Sewer Expense: $762
  • Total Expenses: $35,583
Tax / Assessment Info
  • Tax Tract Number: 7448
  • CFD/Mello-Roos Fee: $1,109
  • Tax Lot: 9
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Entry Location: First level
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,175
  • Unit Type Total Rent: $2,175
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $5,075
  • Unit Type Total Rent: $5,075
  • Unit Type Pro Forma: 5600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,875
  • Unit Type Total Rent: $2,875
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1215 South Athena Way

DateEvent & SourcePriceAppreciation
Jan 30, 2026

Listed (Active)

CLAW #OC26022232MR

$1,850,000
Jan 30, 2026

Listed (Active)

SDMLS #OC26022232

$1,850,000
Jan 30, 2026

Listed (Active)

CRMLS #OC26022232

$1,850,000
Aug 17, 2021

Sold

CLAW #21-762632

$1,510,000
Aug 17, 2021

Sold

CRMLS #21762632

$1,510,000
Jul 27, 2021

Sold (Public Record)

Public Record #1469138532

$1,510,000

+7.8% / yr

Jul 20, 2021

Pending

CRMLS #21762632

Jul 20, 2021

Pending

CLAW #21-762632

Jul 20, 2021

Accepting Backup Offers

CRMLS #21762632

Jul 20, 2021

Accepting Backup Offers

CLAW #21-762632

Jul 19, 2021

Listed (Active)

CRMLS #21762632

$1,600,000
Jul 19, 2021

Listed (Active)

CLAW #21-762632

$1,600,000
Jan 3, 2019

Sold

CLAW #OC18278041MR

$1,235,000
Jan 3, 2019

Sold

SDMLS #OC18278041

$1,235,000
Jan 3, 2019

Sold

CRMLS #OC18278041

$1,235,000
Nov 28, 2018

Sold (Public Record)

Public Record #636966539

$1,235,000
Nov 26, 2018

Pending

CRMLS #OC18278041

Nov 26, 2018

Pending

SDMLS #OC18278041

Nov 26, 2018

Pending

CLAW #OC18278041MR

Nov 25, 2018

Listed (Active)

SDMLS #OC18278041

$1,299,000
Nov 24, 2018

Listed (Active)

CLAW #OC18278041MR

$1,299,000
Nov 24, 2018

Listed (Active)

CRMLS #OC18278041

$1,299,000
DateEvent & SourcePrice
01/30/2026

Listed (Active)

CLAW #OC26022232MR

$1,850,000
01/30/2026

Listed (Active)

SDMLS #OC26022232

$1,850,000
01/30/2026

Listed (Active)

CRMLS #OC26022232

$1,850,000
08/17/2021

Sold

CLAW #21-762632

$1,510,000
08/17/2021

Sold

CRMLS #21762632

$1,510,000
07/27/2021

Sold (Public Record)

Public Record #1469138532

$1,510,000

+7.8% / yr

07/20/2021

Pending

CRMLS #21762632

07/20/2021

Pending

CLAW #21-762632

07/20/2021

Accepting Backup Offers

CRMLS #21762632

07/20/2021

Accepting Backup Offers

CLAW #21-762632

07/19/2021

Listed (Active)

CRMLS #21762632

$1,600,000
07/19/2021

Listed (Active)

CLAW #21-762632

$1,600,000
01/03/2019

Sold

CLAW #OC18278041MR

$1,235,000
01/03/2019

Sold

SDMLS #OC18278041

$1,235,000
01/03/2019

Sold

CRMLS #OC18278041

$1,235,000
11/28/2018

Sold (Public Record)

Public Record #636966539

$1,235,000
11/26/2018

Pending

CRMLS #OC18278041

11/26/2018

Pending

SDMLS #OC18278041

11/26/2018

Pending

CLAW #OC18278041MR

11/25/2018

Listed (Active)

SDMLS #OC18278041

$1,299,000
11/24/2018

Listed (Active)

CLAW #OC18278041MR

$1,299,000
11/24/2018

Listed (Active)

CRMLS #OC18278041

$1,299,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1215 South Athena Way

Taxable ValueLand$1,371,033Additions$231,391Total$1,602,424
Tax Record2025$19,318 ($1,610 / month)
Home Facts
Total Finished SqFt4,345 SqFtAbove Grade Finished SqFt4,345 SqFtStories2Lot Size8,214 SqFtStyleQuadraplexYear Built1972CountyORANGEAPN253-171-03

Schools near 1215 South Athena Way

This home is within Anaheim Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Guinn (James M.) Elementary School
PublicK to 6

South Junior High School
Public7 to 8

Katella High School
Public9 to 12

Palm Lane Elementary School
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1215 South Athena Way is a multi-family home for sale in Anaheim, CA 92806. This property was listed for sale on January 30, 2026 by Marcus & Millichap RE Invest, it's currently listed at $1,850,000. It has been on the market for a total of 23 days and was last sold on August 17, 2021. This listing's school districts are Anaheim Elementary School District, Anaheim Union High School District. Nearby schools include Guinn (James M.) Elementary School, South Junior High School and Katella High School. 1215 South Athena Way is a 7-bed, 7-bath, 4,345 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap RE Invest, Christian Tait, DRE #02111248; Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.