About 1556 E Benmore Ln
Covington fourplex producing high net operating income less than 5 miles away from Disneyland. This larger fourplex at 4,286 sq. ft. has excellent curb appeal and is all unit s tenant occupied with the coveted 3 bedrooms owner unit in front. Each other unit comes with a spacious 2 bedrooms offering unique layouts including private yard patios, balcony, and a 5th enclosed garage space for additional storage or possible ADU opportunity. Community laundry room is coin operated and owner-owned equipped with 3 washers and 2 dryers for both additional monthly income and amenity convenience onsite. Built in 1966 with a lot size over 8,200 sq. ft. all units have their own separate meters for gas and electricity helping keep operating expenses low. Great location in arguably the best rental market in North Orange County, Anaheim is near everything a tenant could want including Cal State Fullerton, Angel Stadium, Honda Center, Downtown Disney, Packing District, Farmer s Market, and much more. Perfect for commuters going as they please with easy access to Freeways 57 and 91. Property is a prime asset for any investor s portfolio with enjoyable long-term upsides.
Features of 1556 E Benmore Ln
| MLS® # | PW24005996MR |
|---|---|
| Price | $1,850,000 |
| Units | 4 |
| Bedrooms | 9 |
| Bathrooms | 7.00 |
| Square Footage | 4,286 |
| Acres | 0.19 |
| Year Built | 1966 |
| Type | Residential Income |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 1556 E Benmore Ln |
|---|---|
| Area | Anaheim East of Harbor |
| City | ANAHEIM |
| County | Orange |
| State | CA |
| Zip Code | 92805 |
Amenities
| Parking Spaces | 6 |
|---|---|
| # of Garages | 5 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Wall |
|---|---|
| Fireplace | Yes |
| Fireplaces | Living Room |
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Exterior | Stucco, Wood, Concrete, Frame, Glass |
|---|---|
| Windows | Double Pane Windows, Screens |
| Roof | Composition, Shingle |
| Construction | Stucco, Wood, Concrete, Frame, Glass |
Additional Information
| Date Listed | January 31st, 2024 |
|---|---|
| Days on Market | 96 |
| Foreclosure | No |
| RE / Bank Owned | No |
| Cap Rate | 5.16 |
| Gross Operating Income | $125,884 |
| Net Operating Income | $96,724 |
Unit 1 Details
| Beds | 3 |
|---|---|
| Baths | 2.00 |
| Rent | $3,000 |
Unit 2 Details
| Beds | 2 |
|---|---|
| Baths | 2.00 |
| Rent | $3,000 |
Unit 3 Details
| Beds | 2 |
|---|---|
| Baths | 2.00 |
| Rent | $2,500 |
Unit 4 Details
| Beds | 2 |
|---|---|
| Baths | 1.00 |
| Rent | $2,100 |
Listing Details
| Agent | Albert Gomez (01919800) |
|---|---|
| Office | T.N.G. Real Estate Consultants |