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$6,870,000   Price Analysis
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717 N Garfield St
Santa Ana, CA 92701
7 bed 30 bath 22,500 SqFt ($305/SqFt)
0.52 acre lot. Built 1979
Listed 2024-04-11, Taxes $51,650
Ⓧ USDA Ineligible
due to price & location

near Santa Ana

VALUE ADD OPPORTUNITY!

CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!! SUBMIT ALL OFFERS!! We are pleased to offer for sale this well-located gated property in the highly desirable Prime Historic French Park area. This property is also close to an Elementary School, Shopping, Restaurants for tenants and the freeway. This gated community is located minutes to Downtown Santa Ana, the Old Orange County Courthouse, Police department and Santa Ana Metr link Station. This newer 1979 construction community is individually metered for both Gas and Electric (tenant pays for this) and is 100% occupied with huge rental upside. This community also has on site laundry room (that is owned) and has plenty of parking space (offering both garages and covered gated parking). CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!!

SUBMIT ALL OFFERS!! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information and to conduct their own due diligence. Please call listing office for more information.


Presented by Ruben Khorsandi at
Alliance Investment Re Group.


Property MLS #OC24071929 from CRMLS

Bedrooms: 7

Laundry Features: Community

Full Bathrooms: 30

Lot Description: 26-30 Units/Acre
Lot Size Acres: 0.52
Lot Size Source: Assessor
Lot Size Square Feet: 22651

Garage Spaces: 2
Parking Total: 34

Number of Units: 30
Bedrooms in Unit-1: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 30
Rent Control: Yes

Community Features: Curbs, Sidewalks, Street Lights

Source Listing Status: Active
County: Orange
Source Property Type: Residential Income
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 31
Number of Separate Gas Meters: 31
Number of Separate Water Meters: 1
Parcel Number: 39830302
Postal Code Plus 4: 3971
Zoning: R4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,698,079 + $2,252,560
$3,950,639
$51,650
2021$1,664,784 + $2,208,392
$3,873,176
$50,490
2020$1,647,714 + $2,185,748
$3,833,462
$50,538
2019$1,615,406 + $2,142,891
$3,758,297
$49,625
2018$1,583,732 + $2,100,873
$3,684,605
$47,830
2017$1,552,679 + $2,059,679
$3,612,358
$47,415
2016$1,522,235 + $2,019,293
$3,541,528
$46,507
2015$1,499,370 + $1,988,961
$3,488,331
$45,912
2014$1,470,000 + $1,950,000
$3,420,000
$45,113
2013$973,195 + $2,755,314
$3,728,509
$47,942
2012$902,214 + $1,763,421
$2,665,635
$35,925
2011$884,524 + $1,728,844
$2,613,368
$34,599
2010$877,914 + $1,715,923
$2,593,837
$33,903
2009$880,000 + $1,720,000
$2,600,000
$33,457
2008$880,670 + $2,583,112
$3,463,782
$40,973
2007$863,402 + $2,532,463
$3,395,865
$40,029

Listed 2024-04-11
$6,870,000
CRMLS
Listing removed 2022-10-03
$0
CRMLS
Listed 2022-05-25
$7,560,000
CRMLS
Sold 2013-08-20
$3,420,000
Public Record
Sold 2004-06-04
$3,200,000
Public Record
Sold 1993-05-27
$925,000
Public Record

Net Operating Income: 310202.00

Total Square Feet Living: 22500
Year Built: 1979
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 45
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

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

Garfield Elementary School is a public elementary school located approximately 0.2 miles away.
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Sierra Preparatory Academy is a public middle school located approximately 0.9 miles away.
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Century High School is a public high school located approximately 1.7 miles away.
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St. Joseph Elementary School is a private elementary and middle school located approximately 0.1 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.