Built in 1964, this property features five one-bedroom apartments, completewith amenities such as garages and open parking, as well as an on-sitelaundry facility. This property presents a value-add opportunity with significantrental upside, making it an attractive investment for savvy buyers.Additionally, the property offers the opportunity to convert the garages intoan Additional Dwelling Unit (ADU), further increasing the rental incomepotential. The buyer must verify this possibility with the City of Santa Anato ensure compliance with local zoning and building regulations.Its prime location is just 1.10 miles from Downtown Santa Ana and the lively4th Street Market, providing tenants with easy access to local businesses,dining, and nightlife. Additionally, the property is within 1.80 miles ofSanta Ana College, appealing to students and faculty. With close proximityto the 5 Interstate, residents can conveniently connect to major employmenthubs across Orange and Los Angeles Counties.
|
DAYS ON MARKET
|
48
|
LAST UPDATED
|
11/19/2024
|
|
TRACT
|
Other
|
YEAR BUILT
|
1964
|
|
COMMUNITY
|
Santa Ana South of First
|
GARAGE SPACES
|
3.0
|
|
COUNTY
|
Orange
|
STATUS
|
Conditional
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AREA |
Santa Ana South of First |
| GARAGE |
Yes |
| LOT |
6098 sq ft |
| LOT DESCRIPTION |
Cul-De-Sac |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
Other |
| WATER |
Public |
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Listed with Kirklen Investment Group
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 11/21/24 4:16 AM PST 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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