Residential Income — 2552 E Terrace, Anaheim, CA
$1,775,000
2552 E Terrace, Anaheim, CA
About this property
Highly sought after Covington 4-plex in high demand rental area of Anaheim. Approximately 4,634 sq. ft. All units have been recently upgraded with Center Heat and AC, New Windows, New Electric Panels, New Garage Door, New Vinyl Fencing and the list goes on!! This building consists of one 3-bedroom 2-bath owner style unit with a fireplace, vaulted ceilings in the living room, large patio, and two 1 car garages. Unit B is two 2-bedroom 2-baths unit with a balcony and Unit C is a 2-bedroom 1-bath townhouse style unit with an enclosed patio. These units are equipped with updated enclosed garages, 3 of the units have laundry and dryer hookups in unit plus there is potential for on-site laundry and dryer hookups in an individual room for more income. All units are long term tenants and are current every month with rent. Also at the current numbers the cap is just over 5.1 and definitely has more room when lease agreements renew in 2027!!! Conveniently located with access to the 57 & 91 freeways, this location offers great shopping nearby with great restaurants. This location is close to Disneyland, Angel Stadium and the Honda Center, and this property borders Fullerton. Come take a look at this beautiful property before it is gone!
Property details
Location
2552 E Terrace • Anaheim, CA 92806
Listed by
Chad Langseth · NextHome Pacific Estates
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