Anaheim Hills Affordable/Senior/Senior Living Conversion Opportunity
$25,000,000
5710 E La Palma Ave, Anaheim, CA 92807
60,312 sqft
Building Size
2.8854 acres
Lot Area
Details:
Highlights:
- - Anaheim Hills, Adjacent to Yorba Linda and Near Nixon Presidential Museum
- - Large 2.99 Acre Lot (Per Assessor)
- - Permanent Housing is allowed in the current Mid Mixed Use Zoning Area
- - Across the Street from Significant Retail Establishments (McDonald's, Jack In the Box, In and Out, CVS, Etc.)
- - Excellent Street Exposure with Freeway Signage Visibility
- `` Pro Forma 7.4 Cap Rate
- - Seller experienced with the Conversion Process
Description:
This is an opportunity to convert the Property to a Permanent Residential Property. Currently zoned Mixed Use Medium (Effective June 2025), the Zoning will allow for Permanent Housing or Senior Living.
The Property is currently the Motel 6 and Studio 6 Anaheim Hills. It is comprised of 118 rooms, a large common area with a large pool that can possibly be repositioned as additional living space for the Conversion. Included in Studio 6 are 28 suites. Situated on an approximate 2.9-acre lot, the Property has ample parking for 119 spaces.
This Conversion Opportunity is located in Anaheim Hills. Anaheim Hills is a community in Orange County in Southern California, directly south of Yorba Linda. Although it is part of Anaheim, it does not border central Anaheim and is geographically separated from that part of the city, so the name Anaheim Hills is used to distinguish it from Anaheim.
The Property is located just to the West and is visible from the 91 Freeway off of the Imperial Highway off-ramp. From this offramp, the Nixon Presidential Museum is just to the West in the adjacent City of Yorba Linda.
Documents:
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Permanent_Housing_OM.pdf | ||
Permanent_Housing_OM.pdf | ||
Permanent Housing OM |
Location
