2321 E Omega Ave - Apartments FOR SALE


Anaheim, CA 92806- South Anaheim
$1,899,000 USD
949-681-8388
2321 E Omega Ave, Anaheim, CA for Sale
$1,899,000 USD
Apartments - FOR SALE
1/9
null | 4.97% Cap Rate

2321 E Omega Ave
Anaheim, CA 92806
South Anaheim


HIGHLIGHTS

  • Classic Covington-Style Fourplex | Turnkey | Renovated Interior/Exterior
  • Large Corner Lot and Large Square Foot Units ±4,345 SF
  • Extensively Renovated in 2024–2025 Offering True Turnkey Ownership
  • Great Unit Mix Featuring: (1) 3BD/2BA Single-Story Unit, (2) 2BD/2BA Units, and (1) 2BD/1BA Unit
  • Units Include Quartz Countertops, Stainless Steel Appliances, New Cabinetry, Renovated Bathrooms, Laminated Flooring, and Recessed lighting
  • Individually Metered for Gas and Electricity with Separate Water Heaters for Each Unit

OVERVIEW

We are pleased to present 2321 E Omega Avenue, a beautifully remodeled Covington-style fourplex located in a highly desirable pocket of southeast Anaheim. Built in 1972 and totaling ±4,345 square feet, this pride-of-ownership property has been fully renovated in 2024–2025, offering a truly turnkey investment opportunity for both owner-users and investors seeking strong in-place income and minimal ongoing maintenance. The property features the classic Covington layout with an ideal unit mix consisting of a spacious 3-bedroom, 2-bathroom owner’s unit with a private patio and direct-access two-car garage, two large 2-bedroom, 2-bathroom units each with their own garage, and an updated 2-bedroom, 1-bathroom upper unit featuring a private balcony. Each residence has been tastefully upgraded with modern finishes, including quartz countertops, stainless steel appliances, new cabinetry, updated bathrooms, laminate flooring, recessed lighting, and in-unit washer and dryer hookups. Situated on a prominent corner lot with only one neighboring building, the property benefits from enhanced privacy, natural light, and convenient access for tenants. Each unit enjoys either a private patio, yard, or balcony, with dedicated garage parking plus additional onsite spaces. The location offers exceptional convenience—just minutes from the 57 Freeway, Anaheim Stadium, the Honda Center, Disneyland, the Platinum Triangle, and the transformational OC Vibe development. Proximity to major employment centers, schools, parks, restaurants, and regional transit hubs ensures consistent rental demand and strong long-term appreciation potential. Mark Bridge - Mark.Bridge@Matthews.com | BOR - David Harrington License # 02168060, 01320460 (CA)

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$437 USD /SF

# OF UNITS

4

PRICE/UNIT

$474,750

CAP RATE

4.97%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,189 SF

ZONING

RM1200

APN/PARCEL ID

253-162-03

ASK ABOUT THIS PROPERTY

Mark BridgeThe Bridge Multifamily Team at MatthewsMore Info
949-681-8388

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Mark BridgeThe Bridge Multifamily Team at MatthewsMore Info
949-681-8388

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.