A great Turn-Key Investment Opportunity with a HIGH RENTAL INCOME. Current income: $11,400 per month and Performa of $12,900. Good unit mix. ALL UNITS FULLY REMODELED. Remodeling included ALL new Kitchens, ALL new Bathrooms, ALL New flooring and Paint, Partial New Plumbing and Electrical. The front main unit also come with its own laundry room inside the unit a basement and a private back yard. Separate Electric meter in 3 of the units. Excellent cash flow and a High CAP Rate of 6.3% and 12.4 GRM. Units sizes are: 1. 2 Bed/ 2bath + Den 2. 3 bed/2 bath 3. 1 bed/ 1 bath 4. 2bed / 1 bath. Uncovered Parking spaces on the property. Three of the units are rented Fully FURNISHED. All Brand-New Appliances and Furniture convey with the sale. This is a rare opportunity and by far the best deal in town. The property is located on a quiet street, well established, clean and safe north of downtown Santa Ana in the desired French Park neighborhood. Only one block from OCSHA and few blocks north of Downtown. The next door property at 1104 French St. is also available for sale together or separately.
|
DAYS ON MARKET
|
31
|
LAST UPDATED
|
4/8/2024
|
|
TRACT
|
,French Park
|
YEAR BUILT
|
1917
|
|
COMMUNITY
|
Santa Ana North of First
|
COUNTY
|
Orange
|
|
STATUS
|
Conditional
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
Santa Ana North of First |
| BASEMENT |
Yes |
| BUYER'S BROKERAGE COMPENSATION |
2.000 % |
| FIREPLACE |
Yes |
| GARAGE |
Driveway |
| INTERIOR |
Furnished, Quartz Counters |
| LOT |
8276 sq ft |
| LOT DESCRIPTION |
Front Yard, Level |
| PARKING |
Driveway |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
,French Park |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
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Listed with Doron Refael, Broker
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/24 5:07 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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