Listing ID: OC22091468
Price: $1,550,000
Status: CONTINGENT
Address: 2552 E Terrace Street
City: Anaheim
State: California
Postal Code: 92806
SqFt: 8,152
Acres: 0.187
County: Orange
Anaheim
CA
92806
Highly sought-after Covington style 4-plex in high demand rental area in Anaheim. Approx. 4,634 sq. ft. building consisting of one 3-bedroom 2-bath owners style unit (approx. 1,750 sq ft) with fireplace, vaulted ceiling in living room, large patio, and two 1-car garages. Two 2-bedroom 2-bath units with balcony and one 2-bedroom 1-bath townhouse style units with enclosed patios. All units have enclosed garages. Unit C had kitchen & bath remodeled within the past 2 years including granite counter tops. New patio covers! 3 units have laundry hook-ups PLUS on-site laundry for additional income! Roof and plumbing replaced in last 10 years (approx.), water heater replaced within last year approx. Individually metered for Gas & Electric. (Tenants pay) Conveniently Located with access to the 91 & 57 Freeways, Great Shopping and Restaurants, close to Disneyland, Angel Stadium and the Honda Center, and borders Fullerton. All Units Occupied with Long Term Tenants (Approx 5+ years).Highly sought-after Covington style 4-plex in high demand rental area in Anaheim. Approx. 4,634 sq. ft. building consisting of one 3-bedroom 2-bath owners style unit (approx. 1,750 sq ft) with fireplace, vaulted ceiling in living room, large patio, and two 1-car garages. Two 2-bedroom 2-bath units with balcony and one 2-bedroom 1-bath townhouse style units with enclosed patios. All units have enclosed garages. Unit C had kitchen & bath remodeled within the past 2 years including granite counter tops. New patio covers! 3 units have laundry hook-ups PLUS on-site laundry for additional income! Roof and plumbing replaced in last 10 years (approx.), water heater replaced within last year approx. Individually metered for Gas & Electric. (Tenants pay) Conveniently Located with access to the 91 & 57 Freeways, Great Shopping and Restaurants, close to Disneyland, Angel Stadium and the Honda Center, and borders Fullerton. All Units Occupied with Long Term Tenants (Approx 5+ years).
Primary Features
County:
Orange
Property Type:
2-4 Units
Zoning:
Public Rec
Interior
Cooling:
Wall/Window
Levels:
2 Story
Unit 1 Number of Bedrooms:
3
Unit 1 Number Total Baths:
2
Unit 2 Number of Bedrooms:
2
Unit 2 Number Total Baths:
2
Unit 3 Number Bedrooms:
2
Unit 3 Number Total Baths:
2
Unit 4 Number of Bedrooms:
2
Unit 4 Number Total Baths:
1
Unit Number for Unit 1:
1
Unit Number for Unit 2:
2
Unit Number for Unit 3:
3
Unit Number for Unit 4:
4
External
Entry Only:
no
Lot Size:
7,500-10,889 SF
Number of Buildings:
1
Number of Units:
4
Pool:
N/K
Site:
Curbs, Sidewalks
Location
Zip/Area:
OC - ANAHEIM (92806)
Additional
Property Type:
2-4 UNITS
Supplement:
Highly sought-after Covington style 4-plex in high demand rental area in Anaheim. Approx. 4,634 sq. ft. building consisting of one 3-bedroom 2-bath owners style unit (approx. 1,750 sq ft) with fireplace, vaulted ceiling in living room, large patio, and two 1-car garages. Two 2-bedroom 2-bath units with balcony and one 2-bedroom 1-bath townhouse style units with enclosed patios. All units have enclosed garages. Unit C had kitchen & bath remodeled within the past 2 years including granite counter tops. New patio covers! 3 units have laundry hook-ups PLUS on-site laundry for additional income! Roof and plumbing replaced in last 10 years (approx.), water heater replaced within last year approx. Individually metered for Gas & Electric. (Tenants pay) Conveniently Located with access to the 91 & 57 Freeways, Great Shopping and Restaurants, close to Disneyland, Angel Stadium and the Honda Center, and borders Fullerton. All Units Occupied with Long Term Tenants (Approx 5+ years).
Financial
Annual Expense Actual:
25150
Cap Rate Actual:
4.01
CFD/Mello-Roos Fee Reflct:
Year
Gross Scheduled Income Actual:
87372
Sale/Rent:
For Sale
Terms:
Cash, Conventional, Exchange
Unit 1 Rent Actual:
2237
Unit 2 Rent Actual:
1705
Unit 3 Rent Actual:
1667
Unit 4 Rent Actual:
1672
Zoning Info
Area Info
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