311 N Bayport Circle N, Anaheim, California 92801, Anaheim, 92801 - 0 bed, 0 bath
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Anaheim, California 92801
This Covington-style Quadruplex represents a Strong Value Opportunity with a List Price of $1,600,000—positioned well below the $1,711,026 Fair Market Value by 6%. This valuation gap offers $111,026 in Instant Equity for buyers. Currently maintaining a Dated Infrastructure Condition Rating, the property provides significant upside through modernization of its diverse unit mix, private garages, and private patio areas. Located on a quiet cul-de-sac near major freeways, this asset is a prime acquisition for Buy-and-Hold Investors or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 311 N Bayport Circle N Subject | $1,600,000* List Price | 0 | 0 | 4,011 | $427 | - |
A 615 N Ventura Sold | $1,602,000 | 0 | 0 | 3,820 | $419 | 0.9 mi |
B 1723 W Francis Drive Sold | $1,260,000 | 0 | 0 | 2,817 | $447 | 0.8 mi |
C 1827 W Gramercy Avenue Active | $1,475,000 List Price | 0 | 0 | 3,827 | $385 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966 and sold strictly 'As-Is,' this property is a long-term rental with dated infrastructure and finishes. While functional and currently occupied, the listing notes 'room for improvement' and 'dated infrastructure,' indicating that major systems and cosmetic features like kitchens and bathrooms likely show significant age and require modernization.
The property features a versatile configuration including a large 3-bedroom front unit and various 2-bedroom and 1-bedroom units, offering multiple rental price points and owner-user potential.
Each of the four units includes its own private garage, a premium amenity in the Anaheim rental market that significantly enhances tenant desirability and property value.
Situated on a quiet cul-de-sac with close proximity to major freeways, shopping centers, and parks, the location ensures high rental demand and long-term occupancy.
The property is being sold strictly in its current condition, which likely necessitates immediate capital expenditure for repairs and modernization to achieve market-rate rents.
Built in 1966 and utilized as a long-term rental, the building may require significant updates to major systems and cosmetic finishes to remain competitive with newer developments.
Welcome to 311 N. Bayport Circle. Situated on an Anaheim cul-de-sac, this Covington-style fourplex has served as a long-term rental and is ready for new ownership. Property to be sold strictly AS-IS. The front unit provides a spacious living arrangement featuring 3 bedrooms and 2 bathrooms with a private patio. The remaining units include 2 bedrooms and 2 bathrooms, 2bedrooms and 1 bathroom and 1 bedroom and 1 bathroom units, each with its own garage. A desirable unit mix, and room for improvement. It is conveniently located near many restaurants, shopping centers, parks, and freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,011 | 3,410 | 75% |
| Lot Size | 8,276 | 8,838.5 | 25% |
| Price | $1.60M | $1.45M | 50% |
| Price per sq ft | $399 | $426 | 25% |
| Built year | 1966 | 1965 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 196 | 25% |
Feb 10, 2026
$1,600,000
Initial Listing
Mar 4, 2022
$1,400,000
Public Record