Seller's Agent in 2017
Mark Bridge
Mark Bridge, Broker
(949) 419-3200
50 Total Sales
516 N Grand Ave Santa Ana, CA 92701
6
Beds
5
Baths
3,807
Sq Ft
0.27
Acres
Highlights
- No HOA
- Laundry Room
- 2 Car Garage
About This Home
As of January 2017We are pleased to present this well located 5 unit investment opportunity in Santa Ana, CA. This property contains a single story two bed / one bath house in the front, and a two story apartment building in the back comprised of one bed / one bath units. Both the house and the units are individually metered for gas and electricity. There is no gas or electric bill for the owner. Each unit has a washer/dryer hookup and individual water heaters. The four unit building has new copper plumbing throughout and ABS drain lines. Two units were upgraded with new kitchen and bathroom granite counter tops and hard wood flooring in the bedroom. The kitchens and living rooms have tile. The property has a security camera system with DVR. The exterior was renovated with new paint, concrete base, stucco, and double pane vinyl windows. A new white picket fence was installed around the property, along with a yard and well maintained landscaping, providing nice curb appeal. There is a spacious area that can be fenced in between the buildings for a play or BBQ area. The three units on the first story all have fenced in patios.
Situated across the street from the Orange County Register building, this property sits on a corner lot in a great Santa Ana rental location.
Last Agent to Sell the Property
Mark Bridge, Broker License #01316702 Listed on: 09/09/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 0.27 Acre Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- Parking Available
- Uncovered Parking
Home Design
- Property Attached
Interior Spaces
- 3,807 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 398 / 372
- Tax Tract Number 1
- Assessor Parcel Number 39837201
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- 5 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,070
- Insurance Expense $1,565
- Maintenance Expense $3,750
- Other Expense $1,129
- Trash Expense $900
- Water Sewer Expense $3,721
- New Taxes Expense $12,454
- Gross Income $6,890
- Net Operating Income $55,611
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 |
|---|---|---|---|---|
| 01/09/2017 01/09/17 | Sold | $1,075,000 | -3.2% | $282 / Sq Ft |
| 10/18/2016 10/18/16 | Pending | -- | -- | -- |
| 09/09/2016 09/09/16 | For Sale | $1,110,000 | +48.0% | $292 / Sq Ft |
| 03/25/2015 03/25/15 | Sold | $750,000 | 0.0% | $197 / Sq Ft |
| 02/07/2015 02/07/15 | Pending | -- | -- | -- |
| 02/02/2015 02/02/15 | For Sale | $750,000 | -- | $197 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Mark Bridge
-
NoEmail NoEmail
N
Buyer's Agent in 2017
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,833 Total Sales
-
Carlos Perez
Seller's Agent in 2015
Carlos Perez
Generational Stewardship Real Estate Agency
(714) 542-7475
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC16198457
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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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