136 S Delano St, Anaheim, CA 92804

Property Description

136 S. Delano Street is a pride of ownership, original Covington built 4-plex located on a quiet cul-de-sac in Anaheim. This is the first time in over 25 years the building has been available for purchase. The front apartment is a huge, single story 3 bed 2 bath, owner unit, with fireplace, private patio and double car garage. Apartments 2 and 3 are large 2 bed 1.75 bath configurations with private patio/yard for #2 and private deck for #3. Apartment 4 is a spacious 2 bed 1 bath unit over the garages with a huge deck. The owners updated many of the kitchens and bathrooms with tile flooring, most shower surrounds have been redone with tile to the ceilings, several sliding glass doors and windows have been upgraded with Milgard dual pane glass, and all garage doors have been replaced with automatic opening aluminum roll up doors. The property has separately metered for gas and electric and each tenant has their own hot water heater. Each tenant has laundry hookups along with their own enclosed garage with remote openers. The next door 4-plex (130 S Delano Street) is also available for purchase. Cap rate and GRM based on proforma rents.