NOT LISTED FOR SALE

501 N Eastwood Ave Santa Ana, CA 92701

4 Beds
4 Baths
2,444 Sq Ft
6,229 Sq Ft Lot

Last Sold October 23, 2017

Last sale price $630,000 $258 Per Sq Ft

6 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Turnkey

About This Home

As of October 2017

DRIVE BY ONLY. Great investment opportunity. This Upgraded 4-unit located Downtown and in a good market for rentals. The 4-units are all renovated 1 bedroom/1 bath units. Each unit includes washer and dryer hook ups, water heater tank, and individually metered gas and electricity. Renovations on the property include new kitchen cabinets, granite counter tops, and new flooring.

Last Agent to Sell the Property

Jeremy Chuck Enciso

C-21 Classic Estates License #01925789 Listed on: 09/04/2017

Co-Listed By

Nick Enciso

C-21 Classic Estates License #01145856

Last Buyer's Agent

Jeremy Chuck Enciso

C-21 Classic Estates License #01925789

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 6,229 Sq Ft Lot
  • Two or More Common Walls
  • Sprinkler System
  • Lawn

Home Design

  • Property Attached
  • Turnkey

Interior Spaces

  • 2,444 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 6 / F
  • Tax Tract Number 344
  • Assessor Parcel Number 39838302

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Other Expense $2,424
  • New Taxes Expense $6,120
  • Operating Expense $8,544
  • Net Operating Income $36,156

Property Details

Home Type

Multi-Family

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.98
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 39838302
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 257.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Sewer Assessments
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Sprinkler System
  • Lot Size Sq Ft: 6229.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Scheduled Income: 44700.00
  • Net Operating Income: 36155.76
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 8544.24
  • Operating Expense Percent: 19.12
  • Other Expense: 2424.20
  • Other Expense Description: Wtr/Trsh
  • Rent Control: No
  • Total Actual Rent: 3725.00
  • Total Expenses: 8544.24

Tax Info

  • New Taxes Expense: 6120.00
  • Tax Block: F
  • Tax Census Tract: 744.06
  • Tax Lot: 6
  • Tax Tract Number: 344

Range of Values:

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Sold Price
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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
10/23/2017 10/23/17 Sold $630,000 -6.0% $258 / Sq Ft
09/10/2017 09/10/17 Pending -- -- --
09/04/2017 09/04/17 For Sale $670,000 -- $274 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeremy Chuck Enciso

    Seller's Agent in 2017

    Jeremy Chuck Enciso

    C-21 Classic Estates

    (562) 881-2462

    5 Total Sales

    Jeremy Chuck Enciso
    Section Image

  • N

    Seller Co-Listing Agent in 2017

    Nick Enciso

    C-21 Classic Estates

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17198242

California Regional Multiple Listing Service (CRMLS)
California Orange County Santa Ana 92701

501 N Eastwood Ave, Santa Ana, CA

This home is located at 501 N Eastwood Ave, Santa Ana, CA 92701 since 04 September 2017. This property was built in 1953. 501 N Eastwood Ave is a home located in Orange County with nearby schools including Roosevelt-Walker Academy, Sierra Preparatory Academy, and Century High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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