$1,440,000
$1,450,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
7,840 Sqft Lot
SOLD DATE : 12/19/2023
Key Details
Sold Price $1,440,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision ,Other
MLS Listing ID OC23146573
Sold Date 12/19/23
HOA Y/N No
Year Built 1969
Lot Size 7,840 Sqft
Property Sub-Type Apartment
Property Description
HUGE PRICE REDUCTION!!! $285,000 BELOW RECENT SALES COMP ACROSS THE SAME STREET ..... Sold on January 6, 2023 at $1,735,000. Hurry on this one!!!- CALL ALL YOUR BUYERS TO LET THEM KNOW ABOUT THIS GREAT OPPORTUNITY. SUBMIT ALL OFFERS!!!! Excellent Investment!!! 16.70 X Gross at current rents and 12.94 GRM at market rents!!! What a great buy!!! You won't find a better buy in Orange County, especially for a Nice Covington Style 4-plex in a Great location near the cities of Orange and Tustin. All units are good size and the 3 bedroom unit and one of the 2 bedroom units have been recently remodeled. Conveniently located just west of the 55 Fwy and just south of the 22 Fwy. Great corner location within tract. Rents are below market with room to increase and build in equity.
Location
State CA
County Orange
Area 70 - Santa Ana North Of First
Interior
Fireplaces Type Living Room
Fireplace Yes
Appliance Dryer
Laundry Common Area, Gas Dryer Hookup
Exterior
Garage Spaces 4.0
Garage Description 4.0
Fence Wood
Pool None
Community Features Curbs
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Available, Water Connected
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 39613122
Energy Description 1911.0
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Ignacio Diaz Jr. Investment Capital Real Estate
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