$1,899,000
PENDING

Estimated payment $11,750/month

Total Views 1,454
7 Beds
5 Baths
4,345 Sq Ft
$437 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Walk-In Closet
  • Quartz Countertops
  • Double Pane Windows
  • Recessed Lighting

About This Home

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.

Listing Agent

Mark Bridge

Mark Bridge, Broker Brokerage Email: Mark.Bridge@matthews.com License #01316702 Listed on: 05/14/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Corner Lot

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,345 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 253 / 162
  • Tax Tract Number 3
  • Assessor Parcel Number 25316203

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $2,400
  • Gardener Expense $1,440
  • Insurance Expense $4,000
  • Maintenance Expense $2,000
  • Other Expense $1,500
  • Pest Control $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $3,000
  • New Taxes Expense $25,883
  • Operating Expense $43,823
  • Gross Income $142,560
  • Net Operating Income $94,460

Property Details

Home Type

Multi-Family

Year Built

Built in 1972 | Remodeled

Lot Details

8,276 Sq Ft Lot

Parking

5

Listing Details

  • CapRate: 4.97
  • Property Attached: Yes
  • Subdivision Name Other: Southeast Anaheim
  • Water Sewer Expenses: 3000.00
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 25316203
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Quartz Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 437.05
  • Room Type: Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Cable Connected, Phone Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Disposal, Gas Range, Gas Oven, Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Pest Control Expense: 1200.00
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Curbs, Street Lights, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped
  • Lot Size Sq Ft: 8276.40
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Average2 Bed Area: 1073 Square Feet
  • Average3 Bed Area: 1200 Square Feet
  • Electric Expense: 1200.00
  • Fuel Expense: 2400.00
  • Gross Income: 142560.00
  • Gross Multiplier: 13.32
  • Gross Operating Income: 138283.00
  • Gross Scheduled Income: 142560.00
  • Gross Spendable Income: 94460.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 0.1900 Acres
  • Maintenance Expense: 2000.00
  • Net Operating Income: 94460.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 43823.00
  • Other Expense: 1500.00
  • Other Expense Description: Reserves
  • Rent Control: No
  • Total Actual Rent: 11880.00
  • Total Expenses: 43823.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 25883.00
  • Tax Block: 162
  • Tax Lot: 253
  • Tax Tract Number: 03

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,154 $1,500,000 $1,238,954 $261,046
2024 $14,018 $1,177,786 $936,347 $241,439
2023 $13,722 $1,154,693 $917,988 $236,705
2022 $13,549 $1,132,052 $899,988 $232,064
2021 $13,572 $1,109,855 $882,341 $227,514
2020 $13,516 $1,098,475 $873,293 $225,182
2019 $13,114 $1,076,937 $856,170 $220,767
2018 $12,845 $1,055,821 $839,382 $216,439
2017 $12,341 $1,035,119 $822,923 $212,196
2016 $12,306 $1,014,823 $806,787 $208,036
2015 $12,199 $999,580 $794,668 $204,912
2014 $11,449 $980,000 $779,101 $200,899
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2026 06/04/26 Pending -- -- --
05/14/2026 05/14/26 For Sale $1,899,000 +26.6% $437 / Sq Ft
11/22/2024 11/22/24 Sold $1,500,000 -11.7% $345 / Sq Ft View Prior Sale
09/17/2024 09/17/24 Pending -- -- --
07/28/2024 07/28/24 For Sale $1,698,000 +73.3% $391 / Sq Ft
09/27/2013 09/27/13 Sold $980,000 -4.4% $226 / Sq Ft View Prior Sale
08/18/2013 08/18/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $1,025,000 +13.9% $236 / Sq Ft
02/19/2013 02/19/13 Sold $900,000 0.0% $207 / Sq Ft View Prior Sale
02/11/2013 02/11/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $900,000 -- $207 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26105139

California Regional Multiple Listing Service (CRMLS)

APN: 253-162-03

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