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3116 E Orangethorpe Ave
Anaheim, CA 92806
Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.23 AC
Building Size 4,317 SF
Average Occupancy 100%
No. Stories 1
Year Built 1972
Parking Ratio 2.08/1,000 SF
Zoning RM-1200, Anaheim

AMENITIES

UNIT AMENITIES

  • Balcony
  • Dishwasher
  • Disposal
  • Ceiling Fans
  • Kitchen
  • Range

SITE AMENITIES

  • Laundry Facilities

ABOUT 3116 E ORANGETHORPE AVE , ANAHEIM, CA 92806

Excellent opportunity for an owner occupant or seasoned investor to purchase a well maintained and upgraded Covington 4-plex located in a desirable neighborhood in Anaheim; bordering Placentia. The structure is 4,320 square feet and has been renovated inside and out. Interior upgrades include: ceramic tile flooring, newer counter tops, refaced kitchen cabinets, and newer bathroom vanities. Exterior upgrades include: double pane windows, newer garage doors, and new decking. Residents enjoy enclosed patios and balconies (upstairs units), excellent parking (enclosed garages and assigned spaces), and an onsite laundry facility. Additionally, the building is located within the award-winning Placentia Unified School District. This Covington 4-plex will be a sought-after product for years to come. Income, cap rate and GRM based on proforma rents.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1 - 1,040
2+2 2 - 1,040
3+2 1 - 1,200

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
345-021-04
Land Assessment
$1,256,451
Improvements Assessment
$221,610
Total Assessment
$1,478,061
  • Listing ID: 13310836

  • Date on Market: 7/27/2018

  • Last Updated:

  • Address: 3116 E Orangethorpe Ave, Anaheim, CA 92806

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