2552 E Terrace

Anaheim, CA 92806

About this property

Highly sought after Covington 4-plex in high demand rental area of Anaheim. Approximately 4,634 sq. ft. All units have been recently upgraded with Central Heat and AC, New Vinyl dual paned Windows, New Electric Sub Panels, New Garage Doors, New Vinyl Fencing and the list goes on!! This building consists of one 3-bedroom 2-bath owner style unit with a fireplace, vaulted ceilings in the living room, large patio, and two 1 car garages. Unit B is two 2-bedroom 2-baths unit with a balcony and Unit C is a 2-bedroom 2-bath unit with an enclosed patio. Unit D is above the 5 car garages and is also 2 Bedrooms and 2 Bathrooms. These units are all equipped with enclosed garages, 3 of the units have laundry and dryer hookups in unit plus there is potential for on-site laundry with washer and dryer hookups in an individual room for more income. All units are long term tenants and are current every month with rent. Also at the current numbers the cap is just over 5.2 and definitely has more room when lease agreements renew in 2027!!! Conveniently located with access to the 57 & 91 freeways, this location offers great shopping nearby with great restaurants. This location is close to Disneyland, Angel Stadium and the Honda Center, and this property borders Fullerton. Come take a look at this beautiful property before it is gone!

About this property

Highly sought after Covington 4-plex in high demand rental area of Anaheim. Approximately 4,634 sq. ft. All units have been recently upgraded with Central Heat and AC, New Vinyl dual paned Windows, New Electric Sub Panels, New Garage Doors, New Vinyl Fencing and the list goes on!! This building consists of one 3-bedroom 2-bath owner style unit with a fireplace, vaulted ceilings in the living room, large patio, and two 1 car garages. Unit B is two 2-bedroom 2-baths unit with a balcony and Unit C is a 2-bedroom 2-bath unit with an enclosed patio. Unit D is above the 5 car garages and is also 2 Bedrooms and 2 Bathrooms. These units are all equipped with enclosed garages, 3 of the units have laundry and dryer hookups in unit plus there is potential for on-site laundry with washer and dryer hookups in an individual room for more income. All units are long term tenants and are current every month with rent. Also at the current numbers the cap is just over 5.2 and definitely has more room when lease agreements renew in 2027!!! Conveniently located with access to the 57 & 91 freeways, this location offers great shopping nearby with great restaurants. This location is close to Disneyland, Angel Stadium and the Honda Center, and this property borders Fullerton. Come take a look at this beautiful property before it is gone!

Features and Additional Information

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$1,735,000 Active
4,634 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
NextHome Pacific Estates
1-714-584-2700
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Area Information

78 Anaheim East of Harbor | Orange County | None

$ 1,735,000
This listing is play_arrow 81.7% higher than the average in the area
$ 954,944 in the area
4,634 SqFt
This listing is play_arrow 193.8% larger than the average in the area
1,578 SqFt in the area
$ 374 $/SqFt
This listing is play_arrow 38.2% less than the average in the area
$ 606 $/SqFt in the area
55 days on site
This listing is play_arrow 223.5% above the average in the area
17 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Chad Langseth
Brokerage: NextHome Pacific Estates

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