New ListingTurn-key investment opportunity in Santa Ana's desirable French Park neighborhood! This 4-unit property, including a fully permitted ADU, currently generates approximately $11,400/month, with a pro forma of approximately $12,900/month. All units have been extensively remodeled with updated kitchens, bathrooms, flooring, paint, and partial plumbing and electrical upgrades. Unit mix includes a 2 bed/2 bath + den, 3 bed/2 bath, 1 bed/1 bath, and 2 bed/1 bath. The front unit also features in-unit laundry, a basement, and private backyard. Three units have separate electric meters, and three are rented fully furnished. New appliances and furnishings are included with the sale. Seller has obtained permits for an additional ADU to be built.
| MLS # | NP26188531 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Coming Soon |
| Year | 1917 |
| Listing Provided By | Alt Financial Network Inc | Patrick Hanna |
| SQ Feet | 3,462 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.19 |
| Lot Features | Front Yard, Level |
|---|
| Parking Features | Concrete, Uncovered |
|---|---|
| Garage Yes / No | No |
| Sewer | Public Sewer |
|---|
| Community Features | Biking, Curbs, Park, Street Lights, Sidewalks, Urban |
|---|
| State | CA |
|---|---|
| County | Orange |
| City | Santa Ana |
| Zip Code | 92701 |
| Area | 70 Santa Ana North of First |
| Community Name | French Villas (FRVL) |
| Listing VS Median (in French Villas (FRVL)) | |
Price: $1,699,000 low | high Med: $1,699,000 sqft: 3,462 low | high Med: 3,462 $ / sqft: $491 low | high Med: $491 On site: -8 low | high Med: -9 | |
| State | CA |
|---|---|
| County | Orange |
| City | Santa Ana |
| Zip Code | 92701 |
| Area | 70 Santa Ana North of First |
| Community Name | French Villas (FRVL) |
| Listing VS Median (in French Villas (FRVL)) | |
Price: $1,699,000 low | high Med: $1,699,000 sqft: 3,462 low | high Med: 3,462 $ / sqft: $491 low | high Med: $491 On site: -8 low | high Med: -9 | |