3116 E Orangethorpe Avenue
Residential Income Details
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.
|Number of Units||4|
|Status||Active Under Contract|
|Listing Brokerage||Morgan Skenderian|
|Listing Agent||Michael Arp|
|Listing Agent BRE #||01488586|
Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, August 7, 2018.
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