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Key Details
Sold Price $1,634,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Orange
MLS Listing ID OC24151294
Sold Date 11/21/24
HOA Y/N No
Year Built 1972
Lot Size 9,583 Sqft
Property Description
If you know Covington 4 plexes, then you know. Best built 4plexes in the OC. This sharp building sits on a large CDS lot and has amazing curb appeal to capture those tenant prospects. The Front unit is considered the owners unit. It's a single story 3 Bedroom 2 bath with it own fireplace and 2 car garage. This large apartment was completely remodeled 2 years ago. There are two spacious 2 bedroom 2 bath units fully rented, each with their own garage and a parking space. Lastly the 4th unit is a 2 bedroom 1 bath with a garage and parking space. All units have balconies or patios to enjoy.
Each unit is separately metered and has its own laundry hookups in their garage. Easy to rent. Easy to manage. All rents are due for an increase in
Oct of 2024. 2321 Seller also owns Omega Ave (OC24154107) which is just a 1/2 block from this property and would like to sell it concurrently with this property and complete a 1031 exchange.
Location
State CA
County Orange
Area 78 - Anaheim East Of Harbor
Interior
Heating Forced Air, Fireplace(s), Wall Furnace
Flooring Carpet, Vinyl
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, In Garage
Exterior
Garage Garage, Garage Faces Rear
Garage Spaces 5.0
Garage Description 5.0
Fence Wood
Pool None
Community Features Curbs, Street Lights
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Accessibility None
Total Parking Spaces 8
Private Pool No
Building
Lot Description Sprinklers In Front, Irregular Lot, Level
Faces West
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 25317204
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Margaret Van Herk • Seven Gables Real Estate
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