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Listed by Margaret Van Herk • Seven Gables Real Estate
Bought with Margaret Van Herk • Seven Gables Real Estate
Bought with Margaret Van Herk • Seven Gables Real Estate
$ 1,634,000
$ 1,698,000 3.8%
Est. payment | /mo
4,273 SqFt
$ 1,634,000
$ 1,698,000 3.8%
Est. payment | /mo
4,273 SqFt
Key Details
Sold Price $1,634,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,273 sqft
Price per Sqft $382
MLS Listing ID CROC24151294
Sold Date 11/21/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1972
Lot Size 9,583 Sqft
Property Description
If you know Covington 4 plexes, then you know. Best built 4plexes in the OC. This sharp building sits on a large CDS lot and has amazing curb appeal to capture those tenant prospects. The Front unit is considered the owners unit. It's a single story 3 Bedroom 2 bath with it own fireplace and 2 car garage. This large apartment was completely remodeled 2 years ago. There are two spacious 2 bedroom 2 bath units fully rented, each with their own garage and a parking space. Lastly the 4th unit is a 2 bedroom 1 bath with a garage and parking space. All units have balconies or patios to enjoy. Each unit is separately metered and has its own laundry hookups in their garage. Easy to rent. Easy to manage. All rents are due for an increase in Oct of 2024. 2321 Seller also owns Omega Ave (OC24154107) which is just a 1/2 block from this property and would like to sell it concurrently with this property and complete a 1031 exchange.
Location
State CA
County Orange
Interior
Heating Forced Air, Wall Furnace, Fireplace(s)
Flooring Vinyl, Carpet
Fireplace No
Laundry Gas Dryer Hookup, In Garage, Other
Exterior
View None
Building
Lot Description Irregular Lot, Level, Other
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227