$1,698,000 Price Analysis    ♡   Santa Ana, CA 92701 Unknown bed None bath 3,462 SqFt ($490/SqFt) 8,276SqFt lot. Built 1917 Listed 2024-03-28, Taxes $14,086 | Ⓧ USDA Ineligible due to price & location near Santa Ana |
A tremendous Turn-Key Investment Opportunity with a HIGH RENTAL INCOME.
* No Longer For Sale *
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Current income: $11, 400 per month and Performa of $12, 900. Good unit mix. ALL UNITS FULLY REMODELED. Remodeling included ALL new Kitchens, ALL new Bathrooms, ALL Contemporary flooring and Paint, Partial New Plumbing and Electrical. The front main unit also come with its own laundry room inside the unit a basement and a private back yard. Separate Electric meter in 3 of the units. Excellent cash flow and a High CAP Rate of 6.3% and 12.4 GRM.
Units sizes are: 1. 2 Bed/ 2bath + Den 2. 3 bed/2 bath 3. 1 bed/ 1 bath 4. 2bed / 1 bath. Uncovered Pa rking spaces on the property. Three of the units are rented Fully FURNISHED. All Brand-New Appliances and Furniture convey with the sale. This is a rare opportunity and by far the best deal in town. The property is located on quiet street, well established, clean and safe north of downtown Santa Ana in the desired French Park neighborhood. Only one block from OCSHA and few blocks north of Downtown. The next door property at 1104 French St. is also available for sale together or separately.
Presented by Doron Refael at
Doron Refael, Broker.
Property MLS #OC24061346 from CRMLS
Quartz Counters
Flooring: Laminate
Fireplace Features: Living Room
Lot Size Acres: 0.1899908
Lot Size Source: Assessor
Lot Size Square Feet: 8276
Parking Total: 6
Maintenance Expense: 3000.00
Tenant Pays: Electricity
Rent Control: Yes
County: Orange
Cap Rate: 6.30
Source Property Type: Residential Income
Inclusions: All furniture and Appliances
Insurance Expense: 3000.00
Area: 70 - Santa Ana North of First
Source Neighborhood: Other (OTHR)
New Taxes Expense: 17000.00
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 39802719
Postal Code Plus 4: 3737
Subdivision: Other (OTHR)
Trash Expense: 2220.00
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $105,000 + $1,085,000 $1,190,000 | $14,086 |
| 2021 | $89,648 + $262,707 $352,355 | $4,675 |
| 2020 | $88,729 + $260,014 $348,743 | $4,679 |
| 2019 | $86,990 + $254,915 $341,905 | $4,596 |
| 2018 | $85,285 + $249,916 $335,201 | $4,431 |
| 2017 | $83,613 + $245,016 $328,629 | $4,393 |
| 2016 | $81,974 + $240,212 $322,186 | $4,309 |
| 2015 | $80,743 + $236,604 $317,347 | $4,254 |
| 2014 | $79,162 + $231,969 $311,131 | $4,179 |
| 2013 | $78,805 + $230,920 $309,725 | $4,108 |
| 2012 | $77,260 + $226,392 $303,652 | $4,020 |
| 2011 | $75,746 + $221,953 $297,699 | $3,877 |
| 2010 | $75,180 + $220,295 $295,475 | $3,746 |
| 2009 | $75,359 + $220,819 $296,178 | $3,707 |
| 2008 | $73,882 + $216,489 $290,371 | $3,471 |
| 2007 | $72,434 + $212,244 $284,678 | $3,390 |
$1,630,000
CRMLS
Listed 2024-03-28
$1,698,000
CRMLS
Listing removed 2024-03-22
$0
CRMLS
Listing removed 2024-03-22
$0
CRMLS
Listed 2024-03-15
$1,647,500
CRMLS
Price Changed 2024-03-07
$3,295,000
CRMLS
Listed 2024-02-06
$3,595,000
CRMLS
Listing removed 2024-01-03
$0
CRMLS
Price Changed 2023-10-30
$1,799,000
CRMLS
Relisted 2023-09-29
$3,498,000
CRMLS
Listing removed 2023-09-21
$0
CRMLS
Price Changed 2023-08-03
$3,498,000
CRMLS
Price Changed 2023-08-02
$3,495,000
CRMLS
Listed 2023-06-20
$3,600,000
CRMLS
Sold 2021-07-30
$1,190,000
CRMLS
Sold 1993-02-19
$220,000
Public Record
Year Built: 1917
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Varied
Property Age: 107
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Assessor
Water Source: Public
Map directions Map directions Map directions Map directionsThe 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.