NOT LISTED FOR SALE
2 Beds
2 Baths
1,040 Sq Ft
4,356 Sq Ft Lot

Last Sold November 08, 2023

Last sale price $675,000 $649 Per Sq Ft

7 Days on Market

Highlights

  • No Units Above
  • Open Floorplan
  • Granite Countertops
  • Primary Bedroom Suite
  • Craftsman Architecture
  • No HOA

About This Home

As of November 2023

Introducing this fantastic investment opportunity for 336 & 338 S Garnsey Street, Santa Ana, California a fully leased, 2-unit duplex with one unit renovated just over a year ago with excellent cash flow and long term tenants. Located on a cul-de-sac street, walking distance to Santa Ana High School and just over 2 miles to the Santa Ana Zoo.
Offering a perfect blend of vintage charm and modern amenities, both units feature their own front entrance and yard, open concept living room / dining area, separate Master Suite with en-suite bathrooms as well as separate laundry and storage just off from the kitchen within each unit. In addition there is ample parking with a fully enclosed 2 car garage, plus enough driveway space for an additional 2 vehicles.

This is a must-see for investors looking to diversify their portfolio with a stable and high-potential asset.

Location Highlights
• Convenient access to freeways
• Close proximity to shopping centers, dining options, and parks
• Located in a highly desirable neighborhood
• Strong rental market

Why Invest
• Turn-Key Property: One unit recently renovated, reducing potential future capital expenditures
• Strong Cash Flow: Fully leased, offering immediate income potential
• Appreciation Potential: Located in a high-demand area
• Location: Benefit from the bustling local economy and amenities

Last Agent to Sell the Property

Steven Lazerus

Lazerus Properties and Capital License #01527340 Listed on: 08/30/2023

Last Buyer's Agent

Paola Melendez

Century 21 Allstars License #01779654

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 4,356 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Stone Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Craftsman Architecture

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Urban Location
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 11 / B
  • Tax Tract Number 101
  • Assessor Parcel Number 00820321
  • $509 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $600
  • Water Sewer Expense $898
  • Operating Expense $1,498
  • Net Operating Income $52,452

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 6267378813
  • Other Phone Number: 6267554474
  • Price Per Unit: 337500
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: /
  • Water Sewer Expenses: 898.00
  • Architectural Style: Craftsman
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 00820321
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Interior Amenities: Granite Counters, Open Floorplan
  • Stories: 1
  • Entry Location: Front of House
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 649.04
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite

Exterior Features

  • Fence: Yes
  • Fencing: Stone
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Water Heater
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 54120.00
  • Lot Size Area: 4356.0000 Square Feet
  • Net Operating Income: 52452.00
  • 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 Range: 2
  • Operating Expense: 1668.00
  • Rent Control: Yes
  • Total Actual Rent: 4510.00
  • Total Expenses: 1498.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 749.01
  • Tax Lot: 11
  • Tax Tract Number: 101
  • TaxOtherAnnualAssessmentAmount: 509.00

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
11/08/2023 11/08/23 Sold $675,000 0.0% $649 / Sq Ft
09/07/2023 09/07/23 For Sale $675,000 0.0% $649 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
09/06/2023 09/06/23 Price Changed $675,000 -3.4% $649 / Sq Ft
08/30/2023 08/30/23 For Sale $699,000 0.0% $672 / Sq Ft
06/19/2022 06/19/22 Rented $2,300 0.0% --
06/05/2022 06/05/22 For Rent $2,300 0.0% --
03/23/2022 03/23/22 Sold $530,000 -10.0% $482 / Sq Ft
12/03/2021 12/03/21 For Sale $589,000 0.0% $535 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/11/2021 11/11/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $589,000 -- $535 / 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: AR23162519

California Regional Multiple Listing Service (CRMLS)

APN: 008-203-21