$1,535,000
$1,600,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
3,500 SqFt
SOLD DATE : 11/03/2023
Key Details
Sold Price $1,535,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $438
MLS Listing ID CROC23158196
Sold Date 11/03/23
Bedrooms 8
HOA Y/N No
Year Built 1958
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Quadruplex
Property Description
Introducing an extraordinary opportunity: an exclusive 4-unit multi-family investment nestled in the heart of Santa Ana, boasting an attractive 5% Cap rate. Experience a blend of excellence with (4) 2 Bed/1 Bath units, offering a total of 3,500 square feet of rentable space. Enhancing the allure, each tenant enjoys the luxury of a private 1-car garage, while Unit A & B offer their own secluded backyard/patio retreats. Recent light renovations have graced each unit, infusing a touch of modernity and revitalization. Elevating convenience, every unit is individually equipped with gas and electricity meters. Commanding a prime position on an expansive 6098 square foot lot, this property enjoys a coveted location within a mile of South Coast Metro and the central artery of Orange County's freeway network. This facilitates direct routes to Los Angeles, San Diego, and the Inland Empire. Notably, the property's accessibility is exceptional: a mere (5) minutes from John Wayne Airport, (45) minutes from LAX, and just (60) minutes from San Diego.
Location
State CA
County Orange
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplace No
Laundry See Remarks
Exterior
Exterior Feature Other
Utilities Available Sewer Connected
View Y/N false
View None
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 41040104
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