IN 1986, BACK house SFR (5 bedrs & 3 Full Bath) including 2 interior units was build. Original FRONT single family House (2 beds & 1 FULL Bath) build 1931, sitting on a LARGE Lot approx 9,583 sq.ft ** In 2022 MAJOR REMODEL for both houses was done. You can reach CAP rate 8% and INCREASE your income substantially approx $40,000 annually by adding ONE ADU (2 bedroom Unit) and Build an addition to the FRONT HOUSE (pls check supplements) * Each house is SEPARATELY metered for gas, electric and water.Currently there are 3 units (legally 2) * YOU CAN END UP with FOUR spacious units on This LARGE lot.Seller has APPROVED PLANS from the city & Building PERMIT* Now they are TWO HOUSES, 7 bedrooms, 4 FULL bathrooms & 5 car garage. You can have (5 extra rooms) by adding 3 more bedrooms & converting 2 rooms of the existing house. * BOTH HOUSES have NEW Paint, double-pane windows, floors w/ baseboard everywhere & light fixtures. NEW tub, vanity & toilet. NEW kitchen cabinets, countertops, plumbing fixtures ** FRONT house is one level w/ 2 bedrooms & one FULL bath, full kitchen & 2 ATTACHED car garage ** BACK house is a 2 story house with 3 car garage, inside there are TWO SEPARATE units with SEPARATE stairs ** Unit ONE (can be 5 bedrooms) consists of TWO story, 2 detached garage ** DOWNSTAIRS has a LARGE open floor plan with one bedroom, one FULL bath, spacious living area that opens to the full kitchen, completely remodeled w/cabinets, pull-outs & self-closing w/quartz counters. Kitchen has a sliding window that opens to a big patio ** UPSTAIRS has 2 bedrs, one FULL Bath, an OPEN area that can be an additional (one room) or office and a BIG LOFT that can be an additional (one room) **Unit TWO, is an upstairs unit w/ 2 bedrs, one FULL bath, SPACIOUS entrance to living area & kitchen & 1 detached car garage & NO one UNDER. NEW tankless water heater. ** OVERSIZED LOT for additional parking (can fit 6-9 extra cars) & a PRIVATE gate for more privacy and security * CENTRALLY located, close to downtown, transportation, schools, shopping & park. MAJOR freeways 22,5,57. DO NOT go direct, do not disturb tenants. Offers subject to interior inspection. GREAT INVESTMENT. MOTIVATED SELLERS. Over $27,000 in design & city fees paid & included in the purchase price. The permit will be TRANSFERRED to the buyer AS-IS ** ALL Tenants are on month to month lease and paying Excellent rent - MARKET Value. Must see in person to see the flow and floor plan. PROPERTY VIDEO available.
DAYS ON MARKET
|
50
|
LAST UPDATED
|
11/11/2024
|
TRACT
|
Other
|
YEAR BUILT
|
1986
|
COMMUNITY
|
Santa Ana South of First
|
GARAGE SPACES
|
5.0
|
COUNTY
|
Orange
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AIR |
None |
APPLIANCES |
Electric Range, Gas Range, Gas Water Heater, Tankless Water Heater, Water Heater |
AREA |
Santa Ana South of First |
GARAGE |
Direct Access, Door-Multi, Garage, On Site, One Space, Oversized, Public, Yes |
HEAT |
None |
HOA DUES |
0 |
INTERIOR |
Bedroom on Main Level, Multiple Staircases, Open Floorplan, Quartz Counters, Storage |
LOT |
9583 sq ft |
LOT DESCRIPTION |
2-5 Units/Acre |
PARKING |
Door-Multi,Direct Access,Garage,On Site,Oversized,Public,One Space |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
1 |
SUBDIVISION |
Other |
TAXES |
18500 |
UTILITIES |
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property |
VIEW DESCRIPTION |
None |
WATER |
Public |
ZONING |
R2 |
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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 11/22/24 11:56 PM 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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