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Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24154107
Sold Date 11/22/24
HOA Y/N No
Year Built 1972
Lot Size 8,276 Sqft
Property Description
If you know Covington 4 plexes, then you know. Best built 4 plexes in the OC. This building sits on a large corner lot and sides to only 1 building.
The single story front unit is 3 bedrooms and 2 baths with a fireplace and a 2 car garage. Perfect for a buyer to move in and use as his residence.
There are 2 spacious 2 bedroom 2 bath units fully rented, each with their own garage. Lastly the 4th unit is a 2 bedroom 1 bath with a garage.
All units have balconies or patios to enjoy. Each unit is separately metered and has its own laundry hookups in the garage. Easy to rent. Easy to manage All rents are due for an increase in Oct 2024. Buyer to cooperate with Seller's 1031 exchange at no additional cost to buyers.
Location
State CA
County Orange
Area 78 - Anaheim East Of Harbor
Zoning RM-1200
Interior
Heating Forced Air
Cooling None
Flooring Carpet, Vinyl
Fireplaces Type Gas Starter, Living Room
Fireplace Yes
Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, In Garage
Exterior
Garage Garage, Off Street, 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,Shingle
Accessibility None
Total Parking Spaces 7
Private Pool No
Building
Lot Description Corner Lot, Sprinklers In Front, Landscaped
Faces South
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 25316203
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130