3116 E Orangethorpe Avenue

  • Anaheim

  • $1,350,000
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Residential Income Details

Description
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.
Essential
MLS #PW18183069
Price$1,350,000
Number of Units4
Sale TypeStandard
StatusActive Under Contract
Listing BrokerageMorgan Skenderian
Listing AgentMichael Arp
Listing Agent BRE #01488586
Interior
CoolingWall Window
Exterior
ParkingGarage
Garage Spaces5
PoolNone
Community
Area78 - Anaheim East of Harbor
TractOther (OTHR)
CommunitySidewalks
Address3116 E Orangethorpe Avenue
CityAnaheim
CountyOrange
StateCA
ZipCode92806
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, August 7, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.