Seller's Agent in 2020
Justin White
Justin White
(714) 231-2537
44 Total Sales
2402 Evergreen St Santa Ana, CA 92707
Delhi Neighborhood
2
Beds
1
Bath
4,200
Sq Ft
0.49
Acres
Highlights
- 0.49 Acre Lot
- Laundry Room
- Front Yard
- No HOA
- Attached Carport
- 1-Story Property
About This Home
As of January 2020An excellent opportunity to acquire an 6-unit multifamily building in Santa Ana. Located at 2402 Evergreen St, this multifamily asset was built in 1961. It offers six 2 bed, 1 bath single story units. Residents of the property enjoy use of a giant off-street parking a lot, as well as, tuck under parking. The buildings boast a total of 3,685 gross rentable square feet on a huge 21,627 square foot corner lot.
Residents of 2402 Evergreen St enjoy the property for a combination of reasons including accessibility to quick transportation, quality schools and universities, nearby parks and golf courses and of course the Disney Land/California Adventure theme parks only a few exits down the freeway. The property is walking distance to Delhi Park, WaBa Grill, Taco Bell and 7-Eleven. Sports fans will find the location particularly appealing due
to its convenient location about fifteen minutes by car to The Honda Center and Angel Stadium.
For the right investor, this multi-family asset will represent a great opportunity to generate years of steady cash flow and a higher than average ROI. The close proximity to Downtown Santa Ana and so many well-known attractions will lead to increased appreciation as the urban neighborhood lacks additional space for more apartment building projects to be developed. With a minor investment in fixtures and aesthetics a significant increase in rental income will be achievable.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 0.49 Acre Lot
- No Common Walls
- Front Yard
Interior Spaces
- 4,200 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- Attached Carport
- Parking Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Legal Lot and Block 1 / D
- Tax Tract Number 230
- Assessor Parcel Number 01613423
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- 6 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Electric Expense $3,600
- Fuel Expense $750
- Gardener Expense $960
- Insurance Expense $1,474
- Other Expense $6,600
- Pest Control $720
- Professional Management Expense $4,500
- New Taxes Expense $16,500
- Operating Expense $35,104
- Gross Income $90,000
- Net Operating Income $52,196
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/28/2020 01/28/20 | Sold | $1,450,000 | -1.4% | $345 / Sq Ft |
| 11/07/2019 11/07/19 | Price Changed | $1,470,000 | -2.0% | $350 / Sq Ft |
| 10/04/2019 10/04/19 | For Sale | $1,500,000 | -- | $357 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Justin White
-
David Lin
Buyer's Agent in 2020
David Lin
Colliers International Greater Los Angel
(626) 257-8502
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19199220
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 608 E Central Ave
- 2234 S Standard Ave
- 212 E Adams St
- 2040 Kilson Dr
- 1001 E Saint Andrew Place
- 1917 Rousselle St
- 2064 S Main St
- 1714 Evergreen St
- 2951 S Sycamore St Unit C
- 250 Carriage Dr
- 1527 S Standard Ave Unit 28
- 105 E Pomona St
- 226 E Edinger Ave
- 370 Carriage Dr Unit B
- 1810 S Broadway
- 1722 S Birch St
- 1435 Orange Ave
- 1426 Minnie St
- 1605 S Birch St
- 1808 S Van Ness Ave
- 640 E Flora St
- 2401 S Evergreen St
- 634 E Flora St
- 643 E Central Ave
- 645 E Central Ave
- 637 E Central Ave
- 2328 Evergreen St
- 2405 Evergreen St
- 643 E Flora St
- 2403 Evergreen St
- 2411 Evergreen St
- 633 E Central Ave
- 626 E Flora St
- 2401 Evergreen St
- 645 1/2 E Central Ave
- 2417 Evergreen St
- 629 E Central Ave
- 635 E Flora St
- 2333 Evergreen St
- 622 E Flora St