3116 E Orangethorpe Avenue, Anaheim, CA 92806

About this property

Excellent opportunity for an owner occupant or seasoned investor to purchase a well maintained and upgraded Covington 4-plex located in a desirable neighborhood in Anaheim; bordering Placentia. The structure is 4,320 square feet and has been renovated inside and out. Interior upgrades include: ceramic tile flooring, granite counter tops, refaced kitchen cabinets, and newer bathroom vanities. Exterior upgrades include: double pane windows, newer garage doors, and new decking. Residents enjoy enclosed patios and balconies (upstairs units), excellent parking (enclosed garages and assigned spaces), and an onsite laundry facility. Additionally, the building is located within the award-winning Placentia Unified School District. This Covington 4-plex will be a sought-after product for years to come. Cap rate and gross rent multiplier based on proforma rents.

Listing description from the September 2018 sale, as reported to CRMLS.

Sale history

$1,325,000

Sold September 2018 · listed $1,350,000, on market July 2018 · MLS #PW18183069 · Source: CRMLS

Listing Agent: Michael Arp · Listing Office: Morgan Skenderian · Contact: 949-251-8800 · Bought with: Savaros Najjarine · Refined Realty

$910,000

Sold December 2013 · listed $920,000, orig. $995,000, on market July 2013 · MLS #PW13147663 · Source: CRMLS

Listing Agent: Shawn Shahbazi · Listing Office: Prudential California Realty · Contact: 714-998-7250 · Bought with: Shawn Shahbazi · Prudential California Realty

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