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For Sale

Conversion to Senior Living/Permanent Housing/Commercial/Educational Opportunity

5710 E La Palma Ave,
Anaheim, CA 92807

Asset Snapshot

1979
Year Built
1
Building Count
118 Units
Unit Count
0 SF
Average Unit Size
60,312 SF
Property Size

Offering Summary

Investment Overview

Currently operating as the Motel 6 and Studio 6 Anaheim Hills, the property is zoned Mixed Use Medium (Effective June 2025). The zoning will allow Permanent Housing and Senior Living, as well as other potential uses (please see the Zoning Section). The City has indicated that the Current Building cannot be used as Permanent Housing per Code but that they are willing to review the Buyers plan for the use of the building. The existing building can be used for Senior Living. The Property comprises 118 rooms and a large common area with a pool that could be repurposed as additional living space. Included in Studio 6 are 28 suites. Situated on an approximate 2.9-acre lot, the Property has ample parking for 119 spaces.


Investment 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

How it Works

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Listing Syndicated From

Buildout
For Sale
$25,000,000
Asking Price