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$ 2,200,000
Est. payment | /mo
13 Beds
10 Baths
7,800 SqFt
$ 2,200,000
Est. payment | /mo
13 Beds
10 Baths
7,800 SqFt
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $282
MLS Listing ID 26713283
Bedrooms 13
HOA Y/N No
Year Built 1959
Lot Size 8,942 Sqft
Property Description
Opportunity to acquire a 9-unit multifamily asset in central Orange County, featuring spacious one- and two-bedroom units averaging 867 SF. With rents resettable to market upon vacancy under Santa Ana Rent Control, the property is positioned to exceed a 7% market cap rate. Located in an Opportunity Zone with recent capital improvements including a new roof, updated windows, and a passed SB 721 inspection. Community amenities include on-site laundry and 9 garage spaces. Conveniently located near the 5 Freeway, N. Flower St., and W. Washington Ave.
Location
State CA
County Orange
Area 70 - Santa Ana North Of First
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Garage, Uncovered
Garage Spaces 9.0
Garage Description 9.0
Total Parking Spaces 9
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 39853301
Special Listing Condition Standard
Listed by Daniel Blackwell CB Richard Ellis, Inc. #01854961
NEARBY SCHOOLS & PROPERTIES
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