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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,099,000

Est. payment - /mo

6,098 Sqft Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26170158

HOA Y/N No

Year Built 1963

Lot Size 6,098 Sqft

Property Sub-Type Apartment

Property Description

FOUR 2-BEDROOM UNITS OFFERED AT $1,099,000. Fully occupied Santa Ana fourplex featuring four matching 2-bedroom, 1-bath units offered at approximately $274,750 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 that generates additional income.

Current rents total $4,860 per month, with all units occupied under 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

Area 70 - Santa Ana North Of First

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Carport

Carport Spaces 5

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 01424236

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Special Listing Condition Standard

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Listed by Marcus Bevans HomeSmart, Evergreen Realty mbevans@astutefh.com, DRE #02068413

NEARBY SCHOOL & BUSINESS

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1813 Cedar Santa Ana, CA 92707