$3,495,000 Price Analysis    ♡   Santa Ana, CA 92701 16 bed 14 bath 7,912 SqFt ($441/SqFt) 0.24 acre lot. Built 1960 Listed 2024-04-18, Taxes $25,654 | Ⓧ USDA Ineligible due to price & location near Santa Ana |
HIGHEST CAP RATE ON MARKET IN ORANGE COUNTY!
* Has Contingent Offer *11 OF 14 UNITS RECENTLY RENOVATED. RENOVATIONS INCLUDE: BRAND PRISTINE SUBPANELS, FIXTURES, LIGHTING, CABINETS, TOILETS, COUNTERTOPS, BATHROOMS, WALL HEATERS, INTERIOR PAINT, AND RE-GLAZED BATHTUBS. MOST UNITS HAVE LARGE WALK IN CLOSETS.
EXTERIOR RENO VATIONS INCLUDE: ROOF REPAIRS, CONTEMPORARY PAINT, NEW PARKING LOT LINING, LANDSCAPE, AND SIGNAGE. THE PROPERTY IS SITUATED ON A CORNER LOT WITH AMPLE STREET PARKING IN ADDITION TO 11 PARKING STALLS. THE BUILDING IS WALKING DISTANCE FROM SANTA ANA HIGH SCHOOL, CITY CENTER AND HISTORIC DOWNTOWN SANTA ANA!
Presented by Randall Mycorn at
R L M Equities.
Property MLS #NP24077229 from CRMLS
Flooring: Tile, Vinyl
Appliances YN: Yes
Laundry Features: Common Area
Heating: Yes
Lot Size Acres: 0.24
Lot Size Source: Assessor
Lot Size Square Feet: 10454
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Maintenance Expense: 6300.00
County: Orange
Cap Rate: 7.00
Other Expense: 16000.00
Source Property Type: Residential Income
Insurance Expense: 6330.00
Area: 69 - Santa Ana South of First
Source Neighborhood: Other (OTHR)
New Taxes Expense: 42625.00
Number of Separate Electric Meters: 15
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 39828605
Postal Code Plus 4: 5685
Subdivision: Other (OTHR)
Zoning: SB-40
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $387,069 + $1,592,864 $1,979,933 | $25,654 |
| 2021 | $379,480 + $1,561,631 $1,941,111 | $25,074 |
| 2020 | $375,589 + $1,545,619 $1,921,208 | $25,101 |
| 2019 | $368,225 + $1,515,313 $1,883,538 | $24,644 |
| 2018 | $361,005 + $1,485,601 $1,846,606 | $23,747 |
| 2017 | $353,927 + $1,456,472 $1,810,399 | $23,541 |
| 2016 | $346,988 + $1,427,913 $1,774,901 | $23,088 |
| 2015 | $341,776 + $1,406,465 $1,748,241 | $22,793 |
| 2014 | $335,082 + $1,378,914 $1,713,996 | $22,395 |
| 2013 | $334,360 + $1,196,060 $1,530,420 | $20,063 |
| 2012 | $327,804 + $1,172,608 $1,500,412 | $19,637 |
| 2011 | $321,377 + $1,149,616 $1,470,993 | $18,946 |
| 2010 | $318,976 + $1,141,024 $1,460,000 | $18,601 |
| 2009 | $318,976 + $1,312,631 $1,631,607 | $20,255 |
| 2008 | $312,722 + $1,286,893 $1,599,615 | $18,960 |
| 2007 | $306,591 + $1,261,659 $1,568,250 | $18,523 |
$3,495,000
CRMLS
Listed 2024-04-18
$3,775,000
CRMLS
Sold 2023-10-13
$2,300,000
CRMLS
Listed 2023-09-09
$2,500,000
CRMLS
Sold 2006-01-10
$1,537,500
Public Record
Sold 1989-02-10
$635,000
Public Record
Year Built: 1960
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 64
Property Attached: Yes
Roof: Composition
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Electricity Available
Natural Gas Available
Sewer Available
Water Available
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.