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Hard to find Covington 4-Plex in walking distance to South Coast Plaza!!! Location is excellent near Calvary Chapel and only 2 blocks out of Costa Mesa. Approximately $65,000 spent on this just completed, remodeled single story 3 bedroom unit with no tenants above. The spacious patio in the 3br unit is in the process of being completely redone in either cement slab or pavers and, lastly, the fireplace in the living room is also in process of being remodeled or refinished. Virtually everything is new and beautifully done. The 3br can be shown to your prospective Buyers. This 4-Plex would be especially suited for your owner occupant Buyer or also great for your investor clients with it being able to generate excellent income. The rent shown on the 3br is projected market rent. Without question, this unit shows like a model home. The other 3 units have lots of room to raise rents. Last rent increases on units 2, 3 and 4 was in 2016. Each unit has a 1 car garage and all units have washer and dryer hook-ups in their garages. Also, each unit has it's own separate water heater resulting in lower owner expense because of the tenants paying for heating their water instead of the landlord. The two 2br - 2ba units are large with excellent layouts and large master bedrooms. All units have forced air heaters with exception of the 2br - 1ba unit above the garages which has a wall heater. This one won't last long. So hurry with your 4-Plex Buyers!!!
Listing agent: Bob Walz DRE #00640512 bob@bobwalz.com, Listing office: New Dimension Investment Prop
MLS data updated 11/4/2026, 2:41:02 PM PT
Source: CRMLS, MLS #: OC20146185
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 2, 2020
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92704 · Nov 2026
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