NOT LISTED FOR SALE
5 Beds
3 Baths
2,000 Sq Ft
7,405 Sq Ft Lot

Last Sold May 16, 2024

Last sale price $1,000,000 $500 Per Sq Ft

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Granite Countertops
  • View of Trees or Woods
  • Property is near a park
  • Private Yard

About This Home

As of May 2024

Ideal Duplex investment opportunity with 5% Cap rate, no need to worry about under market rents since you get to pick your own tenants, or purchase as a shared home with private units for extended family. Superbly located on a tree lined street in the Shadow Run area of Santa Ana boasting a large flat usable lot, within walking distance of shopping, dining, local parks, and schools, the well maintained freshly painted exterior and green grassy front lawn welcome you to this property. Pass through the gated entrance down the pathway lined with colorful landscaping where you will find units A & B on your left, each unit has separate gas and electric meters, and the property has 1 water meter. Both units are move in ready with desirable single level floor plans and have freshly painted neutral interiors with easy care tile floors, spacious light filled living areas, dual pane windows, and sparkling updated kitchens with timeless white shaker cabinetry, granite countertops, updated faucets and hardware, new stainless steel gas stoves, sunny breakfast nooks, prized breakfast bars, and direct access to the backyard and patio. Unit A has 2 bedrooms with mirrored closet doors and updated ceiling fans and a full bath. Unit B boasts a primary bedroom suite with en-suite bath which has been beautifully updated with a Quartz topped vanity, new faucet, new hardware, new lighting and a step-in shower. Unit B also includes 2 guest bedrooms and an updated full guest bath with new Quartz topped vanity, new sink faucet, and new lighting. There is an onsite shared laundry room with full size appliance hookups and a highly desirable 2 car garage with storage cabinets. Blessed with a huge shared space backyard with large patio, manicured landscaping, wrap around grassy lawn, fragrant fruit bearing trees, and mature landscaping. Within walking distance of multiple schools, shopping, dining, and close to Centennial Park with picturesque lakes and walking paths, picnic areas, playground, sports fields and courts, and skate park.

Last Agent to Sell the Property

Jordan Bennett

Regency Real Estate Brokers Brokerage Phone: 949-282-9381 License #01850869 Listed on: 04/11/2024

Regency Real Estate Brokers

Last Buyer's Agent

Leland Pfannenstiel

Regency Real Estate Brokers License #01952009

Regency Real Estate Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Turnkey
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Living Room
  • Views of Woods
  • Termite Clearance

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Property is near a park
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 4442
  • Assessor Parcel Number 40827103

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Shadow Run Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $933
  • Gardener Expense $4,075
  • Insurance Expense $456
  • Maintenance Expense $1,629
  • Other Expense $1,963
  • Pest Control $634
  • Water Sewer Expense $1,771
  • Operating Expense $11,461

Property Details

Home Type

Multi-Family

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Price Per Unit: 499500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Shadow Run (SHRN)
  • View: Yes
  • Water Sewer Expenses: 1771.00
  • Property Condition: Termite Clearance, Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 4075.00
  • Parcel Number: 40827103
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan, Quartz Counters
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Entry Level: 1
  • Price Per Square Foot: 500.00
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
  • Window Features: Double Pane Windows

Exterior Features

  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Heating Type: Central, Forced Air
  • Laundry Features: Common Area, Gas Dryer Hookup, Individual Room, Washer Hookup
  • Pest Control Expense: 634.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Lawn, Lot 6500-9999, Level, Park Nearby, Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Electric Expense: 933.00
  • Insurance Expense: 456.00
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 1629.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Patio: 2
  • Number With Range: 2
  • Other Expense: 1963.00
  • Other Expense Description: Gas
  • Rent Control: No
  • Total Expenses: 11461.00

Tax Info

  • Tax Area: 11011
  • Tax Lot: 2
  • Tax Tract Number: 4442

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $1,000,000 +0.1% $500 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $999,000 -- $500 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24069880

California Regional Multiple Listing Service (CRMLS)

APN: 408-271-03