Description
MAJOR PRICE IMPROVEMENT - FOUR 2-BEDROOM UNITS NOW OFFERED AT $1,025,000! This fully occupied Santa Ana fourplex features four 2-bedroom, 1-bath units offered at approximately $256,250 per unit. The property provides eight total bedrooms, five covered carport spaces, separate gas and electric meters, and an on-site coin-operated laundry facility providing additional income. Current rents total $4,860 per month, with all four units occupied on month-to-month tenancies. The current rent roll may offer long-term income growth potential for an investor acquiring four 2-bedroom units at an attractive price per unit, subject to applicable rental regulations and tenant rights. The building contains approximately 3,689 square feet per public records and has been held by the same ownership for more than 25 years. Buyer to independently verify square footage, unit configuration, rents, expenses, laundry income, permits, property condition, and all applicable rental regulations. Please do not disturb occupants.
Details
| MLS # | PW26170158 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 89 |
| Listing Provided By | HomeSmart, Evergreen Realty | Marcus Bevans |
Features
| SQ Feet | 3,689 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.14 |
Interior
| Window Features | Double Pane Windows |
|---|
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Parking Features | Carport |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | Santa Ana |
| Zip Code | 92707 |
| Area | 70 Santa Ana North of First |
| Listing VS Median (in 92707) | |
Price: $1,025,000 low | high Med: $820,000 sqft: 3,689 low | high Med: 1,149 $ / sqft: $278 low | high Med: $714 On site: 89 low | high Med: 56 | |
Market Activity 92707
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Santa Ana |
| Zip Code | 92707 |
| Area | 70 Santa Ana North of First |
| Listing VS Median (in 92707) | |
Price: $1,025,000 low | high Med: $820,000 sqft: 3,689 low | high Med: 1,149 $ / sqft: $278 low | high Med: $714 On site: 89 low | high Med: 56 | |
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