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$1,025,000
Est. payment /mo
8 Beds
4 Baths
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26170158
Bedrooms 8
Lot Size 6,098 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional,Exchange,FHA
Property Type Res Income 2-4 Units
Property Description
MAJOR PRICE IMPROVEMENT FOUR 2-BEDROOM UNITS NOW OFFERED AT $1,025,000! This fully occupied Santa Ana fourplex features four 2-bedroom, 1-bath units offered at approximately $256,250 per unit. The property provides eight total bedrooms, five covered carport spaces, separate gas and electric meters, and an on-site coin-operated laundry facility providing additional income. Current rents total $4,860 per month, with all four units occupied on month-to-month tenancies. The current rent roll may offer long-term income growth potential for an investor acquiring four 2-bedroom units at an attractive price per unit, subject to applicable rental regulations and tenant rights. The building contains approximately 3,689 square feet per public records and has been held by the same ownership for more than 25 years. Buyer to independently verify square footage, unit configuration, rents, expenses, laundry income, permits, property condition, and all applicable rental regulations. Please do not disturb occupants.
Location
State CA
County Orange
Zoning Public Rec
Direction South of Edinger Ave and West of Grand Ave.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 01424236
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
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Listed by Marcus Bevans, DRE#02068413 HomeSmart, Evergreen Realty
Nearby School & Business
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