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Listed by Marcus Bevans, DRE #02068413 • HomeSmart, Evergreen Realty
$1,025,000
Est. payment /mo
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26170158
Year Built 1963
Lot Size 6,098 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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
Area 70 - Santa Ana North Of First
Interior
Laundry Washer/Dryer - Leased, Community Facility
Exterior
Parking Features Carport
Garage Spaces 5.0
Pool None
Building
Water District - Public
Others
Tax ID 01424236
Special Listing Condition Not Applicable
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