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$699,000   Price Analysis
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402 N Susan St
Santa Ana, CA 92703
4 bed 2 bath 1,600 SqFt ($436/SqFt)
3,916SqFt lot. Built 1965
Listed 2024-02-02, Taxes $4,701
Ⓧ USDA Ineligible
due to location

near Santa Ana

Lowest priced six percent cap duplex in Orange County.

Discover the epitome of modern duplex living in this recently renovated property located at 402 N Susan. Comprising two meticulously upgraded 2-bedroom, 1-bath units, this investment opportunity boasts a plethora of interior features, including new electrical and updated, contemporary kitchens with new appliances, stylish bathrooms and the added convenience of recessed lighting. Owners will appreciate the cost-saving benefit of tenants paying all utilities, encompassing water, trash, gas and electricity.

Positioned near a sought-after little saigon location (behind Willowick golf course), it offers esy access to nearby amenities, schools and parks. Whether you want to invest and seek attractive rental income or an owner-occupier desiring a modern dwelling, this duplex is a turnkey solution. This property can be sold with or separately from its sister property next door at 326 N Susan St. Don't miss the chance to explore this prime real estate.


Presented by Willie Soto at
THE REAL ESTATE STORE, INC.
Listing Agent Photo

Property MLS #MB24023014 from CRMLS

Bedrooms: 4

Laundry Features: Inside

Full Bathrooms: 2

Heating Features: Wall Furnace
Heating: Yes

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.089899
Lot Size Source: Estimated
Lot Size Square Feet: 3916

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 2
Tenant Pays: All Utilities, Electricity, Trash Collection, Water
Rent Control: Yes

Community Features: Sidewalks

Source Listing Status: Active
County: Orange
Source Property Type: Residential Income
Area: 70 - Santa Ana North of First
Source Neighborhood: Other (OTHR)
New Taxes Expense: 10500.00
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 19825171
Postal Code Plus 4: 3434
Subdivision: Other (OTHR)
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$47,754 + $328,732
$376,486
$4,701
2021$46,818 + $322,286
$369,104
$4,638
2020$46,338 + $318,982
$365,320
$4,582
2019$45,430 + $312,727
$358,157
$4,524
2018$44,540 + $306,595
$351,135
$4,414
2017$43,667 + $300,583
$344,250
$4,371
2016$42,811 + $294,689
$337,500
$4,184
2015$32,417 + $16,274
$48,691
$1,007
2014$31,782 + $15,956
$47,738
$985
2013$31,639 + $15,884
$47,523
$961
2012$31,019 + $15,573
$46,592
$928
2011$30,411 + $15,268
$45,679
$877
2010$30,184 + $15,154
$45,338
$845
2009$30,256 + $15,190
$45,446
$798
2008$29,663 + $14,892
$44,555
$758
2007$29,082 + $14,600
$43,682
$723

Price Changed 2024-04-23
$699,000
CRMLS
Price Changed 2024-04-11
$748,000
CRMLS
Listing removed 2024-02-02
$0
CRMLS
Listed 2024-02-02
$799,000
CRMLS
Price Changed 2023-10-06
$845,000
CRMLS
Price Changed 2023-08-23
$849,000
CRMLS
Listed 2023-06-29
$875,000
CRMLS
Listing removed 2022-06-19
$0
CRMLS
Price Changed 2022-06-13
$869,000
CRMLS
Relisted 2022-03-23
$875,000
CRMLS
Listing removed 2022-03-03
$0
CRMLS
Listed 2022-01-26
$850,000
CRMLS
Sold 2017-06-23
$675,000
CRMLS
Sold 2015-10-26
$675,000
Public Record
Listed 2015-06-09
$700,000
CRMLS

Net Operating Income: 37784.00

Total Square Feet Living: 1600
Year Built: 1965
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 59
Property Attached: Yes
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Estimated

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Leroy L. Doig Intermediate School is a public middle school located approximately 1.4 miles away.
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Los Amigos High School is a public high school located approximately 1.9 miles away.
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John Marshall Elementary School is a public elementary school located approximately 3.1 miles away.
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Santa Clara Nursery School is a private elementary school located approximately 0.9 miles away.
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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.