NOT LISTED FOR SALE
12 Beds
6 Baths
2,408 Sq Ft
5,227 Sq Ft Lot

Last Sold December 11, 2015

Last sale price $1,025,000 $426 Per Sq Ft

29 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Laundry Room
  • Fireplace in Bathroom
  • No HOA
  • 3-minute walk to Delhi Park

About This Home

As of December 2015

Great Investment opportunity, Investor-type people that are looking to park their capital into a property and sit back and collect a handsome cash-flow each and every month! This highly sought after Santa Ana, CA. property features, 6 units that are 2 Bedrooms & 1 Bath, The configuration of the unit are 3 on the left and 3 on the right with a court yard in the middle. The 6 open door garages are directly behind the units each with their own storage. Fully occupied by long term tenants some have been there for more than 15 years. Rents are at under market rate with a potential upside. Building is located in the heart of Santa Ana close to shopping, public transportation, schools and downtown. Shown by appointment ONLY. PLEASE DO NOT DISTURB TENANT'S. It?s the buyer(s) responsibility to do diligence on all aspect of the buildings to it's conditions. Must see, won?t last long.

Last Agent to Sell the Property

Louis Zidenberg

Grand Avenue Realty & Lending License #01216068 Listed on: 10/21/2015

Last Buyer's Agent

Michelle Linovitz

Pacific Sotheby's Int'l Realty License #01864077

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,227 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,408 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Carpet
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 12 Bedrooms
  • All Bedrooms Down
  • 6 Bathrooms
  • Fireplace in Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 668
  • Assessor Parcel Number 01610329

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • Gardener Expense $1,170
  • Insurance Expense $1,200
  • Professional Management Expense $225
  • Trash Expense $1,542
  • Water Sewer Expense $2,554
  • Gross Income $6,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

6

Listing Details

  • Other Phone Description: 562-577-9977
  • Other Phone Number: 562-577-9977
  • Professional Management Expense: 225.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2554.00
  • Property Type: Residential Income
  • Gardener Expense: 1170.00
  • Parcel Number: 01610329
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Bath, Kitchen, Living Room
  • Levels: Two
  • Price Per Square Foot: 425.66
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 1542.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Front Yard, Lawn, Landscaped, Yard
  • Lot Size Sq Ft: 5227.00
  • Price Per Lot Square Foot: 258.27
  • Lot Size Acres: 0.1200

Multi Family

  • Gross Income: 6780.00
  • Gross Scheduled Income: 81360.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5227.0000 Square Feet
  • Number Of Separate Electric Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 5493.00
  • Other Income Description: Lanudry
  • Rent Control: No
  • Total Actual Rent: 6780.00

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 668

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
12/11/2015 12/11/15 Sold $1,025,000 -24.1% $426 / Sq Ft
11/19/2015 11/19/15 Pending -- -- --
10/21/2015 10/21/15 For Sale $1,350,000 -- $561 / 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: PW15232977

California Regional Multiple Listing Service (CRMLS)

APN: 016-103-29