$1,775,000
$1,799,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
7,840 Sqft Lot
SOLD DATE : 07/02/2024
Key Details
Sold Price $1,775,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24088029
Sold Date 07/02/24
HOA Y/N No
Year Built 1969
Lot Size 7,840 Sqft
Property Description
Don’t 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 699 - Not Defined
Interior
Heating Central
Fireplaces Type Living Room, See Remarks
Fireplace Yes
Appliance Dryer, Washer
Laundry Common Area
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 41402224
Energy Description 504.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Mary Hoferer • NONMEMBER MRML
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA