Fourplex · 2 recorded sales since 2019
Listing Agent: Michelle Lin (DRE #01926224) · Listing Office: Smart Realty Group · Contact: 714-643-8002 · Bought with: Matthew Hoyt · Hoyt Real Estate, Inc. · MLS #OC19168710 · Source: CRMLS
Great Investment Property! This is a popular Covington two-story multi-family dwelling in good condition with 4,042 SF of living space on a large 7,841 SF lot. The property is located on a quiet cul-de-sac (Adrian Street) with lots of on-street parking for guests. The structure includes a total of 4 residential units which consist of (1)- 1 bd & 1ba, (2)- 2 bd & 2 ba, and (1)- 3 bd & 2 ba units. There are a total of 3 exterior patios, 3 brick fireplaces, 4 single-car garages with 2 additional spaces (1 of which is shared with neighbor), grassed common space, and a coin-operated laundry facility. Between each residential unit, the building structure has concrete block walls separating each other for noise minimizing and safety. Improvements: At the time of initial purchase, the Owner improved every unit with brand new appliances/equipment (including stove/ovens, dishwashers, disposals, forced air-heating units), wall-to-wall carpeting, floor tiles, and new interior & exterior painting. The Owner installed perimeter steel fencing for security and privacy. A new air conditioning unit was installed in the upstairs 3-bdrm unit. Most recently (this year) a brand new water heater was installed. For many years (and still current) the Owner has maintained a great pest control service that treats the property frequently and will treat unit interiors (at no additional cost) upon Tenant request.
Listing description from the October 2019 sale, as reported to CRMLS.