$1,775,000
$1,799,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
8 Baths
7,841 Sqft Lot
SOLD DATE : 07/02/2024
Key Details
Sold Price $1,775,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24088029
Sold Date 07/02/24
Bedrooms 9
HOA Y/N No
Lot Size 7,841 Sqft
Property Description
Dont miss this great investment opportunity for a quadraplex in the sought after Covington area of Santa Ana. This well-maintained building features four separate units, with garages and ample additional parking spaces. The property is located just minutes from the 405 & 55 freeways, beautiful SoCal beaches, and South Coast Plaza. All four of the units are currently occupied by excellent long-term tenants. Unit 1: 3 Bed 1.75 Bath single level with updated kitchen, fireplace in living room, and two car garage. Unit 2: 2 Bed 1.5 Bath on two levels (bedrooms up), granite counters in kitchen, and 1 car garage. Unit 3: 2 Bed 1.75 Bath single level, new light fixtures, 1 car garage. Unit 4: 2 Bed 1 Bath carriage unit above garages with private balcony. Three sides of the building have updated dual pane windows. All units have newer flooring, a combination of either carpet/wood or carpet/woodgrain tile planks. All units have newer heaters, and water heaters. The laundry room is furnished with a full-sized washer/dryer for each unit (total 4 sets). Each unit is metered separately for gas and electricity. There is 1 meter for water. Owner pays gas/elec for common areas and all water.
Dont miss this great investment opportunity for a quadraplex in the sought after Covington area of Santa Ana. This well-maintained building features four separate units, with garages and ample additional parking spaces. The property is located just minutes from the 405 & 55 freeways, beautiful SoCal beaches, and South Coast Plaza. All four of the units are currently occupied by excellent long-term tenants. Unit 1: 3 Bed 1.75 Bath single level with updated kitchen, fireplace in living room, and two car garage. Unit 2: 2 Bed 1.5 Bath on two levels (bedrooms up), granite counters in kitchen, and 1 car garage. Unit 3: 2 Bed 1.75 Bath single level, new light fixtures, 1 car garage. Unit 4: 2 Bed 1 Bath carriage unit above garages with private balcony. Three sides of the building have updated dual pane windows. All units have newer flooring, a combination of either carpet/wood or carpet/woodgrain tile planks. All units have newer heaters, and water heaters. The laundry room is furnished with a full-sized washer/dryer for each unit (total 4 sets). Each unit is metered separately for gas and electricity. There is 1 meter for water. Owner pays gas/elec for common areas and all water.
Location
State CA
County Orange
Area Oc - Santa Ana (92704)
Zoning Assessor
Building
Lot Description Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $86
Acceptable Financing Cash
Space Rent $2,307
Listing Terms Cash
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