229 Delano St

Anaheim, CA 92804

$1,850,000
Price
9
Beds
7
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
front view of house with a yard
swimming pool view with a seating space
a front view of a house with garden
a view of a house with a yard
a view of a backyard
a view of backyard of house
a view of a garden with plants and large trees
a view of a chairs and table in the patio
a view of a house with a garden and a yard
a front view of a house with garden
a house with trees in front of it
a view of backyard with large trees and plants
a view of a building with many windows

Description

Excellent opportunity to acquire a fully occupied 4-unit property on a cul-de-sac, in the highly desirable West Anaheim rental market. This well-maintained Covington model fourplex is widely regarded as one of the most sought-after 4-plex designs in the area due to its functional layouts, private garages, and strong tenant appeal. Calculated with the current rent increase set for Feb. 1, 2026, The property will be operating at a Gross Rent Multiplier (GRM) of 15.60 with a Cap Rate of approximately...Excellent opportunity to acquire a fully occupied 4-unit property on a cul-de-sac, in the highly desirable West Anaheim rental market. This well-maintained Covington model fourplex is widely regarded as one of the most sought-after 4-plex designs in the area due to its functional layouts, private garages, and strong tenant appeal. Calculated with the current rent increase set for Feb. 1, 2026, The property will be operating at a Gross Rent Multiplier (GRM) of 15.60 with a Cap Rate of approximately 5.36%, offering immediate income with clear upside potential through future rent increases and potentially additional parking income. All four units are occupied by strong, long-term tenants, providing stability and consistent cash flow. Each unit has been updated with newer kitchens and bathrooms, along with newer carpeting and laminate flooring, making the property well positioned for continued tenant retention and future rent growth. Key features include: Private garages for each unit with interior garage laundry, Additional community laundry, creating multiple income streams, Updated windows, Well-maintained exterior and systems, Attractive grass yard courtyard area, enhancing tenant livability and curb appeal, Additional parking income potential. The property is ideally located near major freeway access, shopping, dining, and is just minutes from world-class theme parks, making it extremely attractive to renters and supporting long-term demand. This is a turn-key investment with stable in-place income, desirable unit features, and meaningful upside for investors seeking a wel
  1. Listed by Erik Kaiser • DRE #01111620 • Brokerage DRE #01451217 • RE/MAX TerraSol
    P: (949)-244-8394 C: (714)-536-6849 erikfkaiser@gmail.com

Property Details for 229 Delano Street

Neighborhood
West Anaheim
Zoning
Assessor
Area Zip
OC - ANAHEIM (92804)
Standard Status
Active
LISTING UPDATED: 12/17/2025 03:48 PM

Property Details for 229 Delano Street

StatusActive
MLS #OC25275804
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units / Res Income 2-4 Units
Year Built-
Lot Size0.18 AC / 7,841 SF
CountyOrange County

Location

Listing Courtesy of RE/MAX TerraSol, Erik Kaiser, DRE #01111620
Add your commute

Building Information for 229 Delano Street

Stories2Residences4Year Built-Building Size-Lot Size0.18 AC / 7,841 SF

Payment Calculator

$10,419 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,142

Property Taxes

$1,277

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 229 Delano Street

Summary
Location and General Information
  • Coordinates: -117.9965, 33.828764
  • Latitude: 33.828764
  • Longitude: -117.9965
  • Directions: W. of Beach Blvd. S. of Lincoln
Taxes and HOA
  • Association Fee: $0
  • Association Fee Includes: Trash Pickup
  • CFD Mello Roos Fee Reflct: Year
  • CFD Mello Roos Fee: $1,072
  • Monthly Total Fees: $89
Property
Lot Information
  • Building Area Total: 0.0
  • Building Area Units: Sqft
  • Living Area: 0
  • Living Area Units: Sqft
  • Lot Size Area: 0.18
  • Lot Size Square Feet: 7841.0
  • Lot Size Units: Acres
  • Lot Size: 7,500-10,889 SF
Property and Assessments
  • Parcel Number: 13527121
  • Property Sub Type: Res Income 2-4 Units
  • Property Type: Residential Income
  • Site: Cul-De-Sac, Curbs
  • Telecommunications: Satellite Dish
  • Year Built: 0
Farm Information
  • Irrigation Source: Sprinklers
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Pool Features: N/K
  • Pool Heat: N/K
  • Roof: Composition
  • Number Of Buildings: 1
Interior Features
  • Bathrooms Half: 0
  • Stories Total: 2
  • Cooling: Central Forced Air, Wall/Window
  • Levels: 2 Story
  • Spa Features: N/K
  • Bedrooms Count: 9
  • Baths Total: 7.0
Multi Family
Income & Expenses
  • Operating Expense: $22,302
  • Gross Scheduled Income: $118,560
Multi Family Information
  • Unit Numfor Unit1: 1
  • Unit Numfor Unit2: 2
  • Unit Numfor Unit3: 3
  • Unit Numfor Unit4: 4
  • Num Units w Cooling: 2
  • Number Of Units Total: 4
Rental
Rent Information
  • Tenant Pays: Electricity, Gas/Propane

Property History for 229 Delano Street

DateEvent & SourcePriceAppreciation
Dec 15, 2025

Listed (Active)

SDMLS #OC25275804

$1,850,000—
Dec 8, 2004

Sold

CRMLS #CC216434

$900,000—
Dec 8, 2004

Sold

CRMLS #P423412

$900,000—
Dec 8, 2004

Sold

CLAW #P423412MR

$900,000—
Oct 31, 2004

Sold (Public Record)

Public Record #147949634

$900,000—
Oct 29, 2004

Pending

CLAW #P423412MR

—
Oct 29, 2004

Pending

CRMLS #P423412

—
Oct 21, 2004

Listed (Active)

CLAW #P423412MR

$915,000—
Oct 21, 2004

Listed (Active)

CRMLS #CC216434

$915,000—
Oct 21, 2004

Listed (Active)

CRMLS #P423412

$915,000—
DateEvent & SourcePrice
12/15/2025

Listed (Active)

SDMLS #OC25275804

$1,850,000
12/08/2004

Sold

CRMLS #CC216434

$900,000
12/08/2004

Sold

CRMLS #P423412

$900,000
12/08/2004

Sold

CLAW #P423412MR

$900,000
10/31/2004

Sold (Public Record)

Public Record #147949634

$900,000
10/29/2004

Pending

CLAW #P423412MR

—
10/29/2004

Pending

CRMLS #P423412

—
10/21/2004

Listed (Active)

CLAW #P423412MR

$915,000
10/21/2004

Listed (Active)

CRMLS #CC216434

$915,000
10/21/2004

Listed (Active)

CRMLS #P423412

$915,000

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

Public Records for 229 Delano Street

Taxable ValueLand$1,031,310Additions$223,208Total$1,254,518
Tax Record2025$15,327 ($1,277 / month)
Home Facts
Total Finished SqFt4,357 SqFtAbove Grade Finished SqFt4,357 SqFtStories2Lot Size7,878 SqFtStyleQuadraplexYear Built1968CountyORANGEAPN135-271-21

Schools near 229 Delano Street

This home is within Anaheim Union High School District.
Rating
School
Type
Grades
Distance
Danbrook Elementary School
Public - K to 6
Orangeview Junior High School
Public - 7 to 8
Western High School
Public - 9 to 12
Cambridge Virtual Academy
Public - 7 to 12
Rating
School
Distance
Danbrook Elementary School
PublicK to 6

Orangeview Junior High School
Public7 to 8

Western High School
Public9 to 12

Cambridge Virtual Academy
Public7 to 12

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.

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More information about 229 Delano Street, Anaheim, CA 92804

229 Delano Street is a multi-family home for sale in Anaheim, CA 92804. This property was listed for sale on December 15, 2025 by RE/MAX TerraSol, it's currently listed at $1,850,000. It has been on the market for a total of 16 days and was last sold on December 8, 2004. This listing's school districts are Anaheim Union High School District, Centralia Elementary School District. Nearby schools include Danbrook Elementary School, Orangeview Junior High School and Western High School. 229 Delano Street is a 9-bed, 7-bath, multi-family home.

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 RE/MAX TerraSol, Erik Kaiser, DRE #01111620

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.