Homes for sale - 1039 W Central AVE, Santa Ana, CA 92707

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Yosef Adde

yosef@adde.la +1(310) 363-7362

$ 1,395,000

Est. payment | -/mo

6,534 Sqft Lot

Save

$ 1,395,000

Est. payment | -/mo

Save

6,534 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25122086

HOA Y/N Yes

Year Built 1977

Lot Size 6,534 Sqft

Property Sub-Type Quadruplex

Property Description

Great value-Great price income property is up to grab for a saavy investor. Rare to find 4plex that comes with 5 garage and is located in a highly desirable area near South Coast plaza. Owner has spent over $60K to upgrade the property where there is brand new roof, new paint, recent interior renovation and best of yet - tenants have been living there for years on a month to month lease. There is at a minimum 10% upside on the rent. Definitely gives positive cash flow for return on investment. All units' balcony has been redone and One of the units (3beds.2baths) just got a brand new kitchen. New owner can add laundry for additional income. Parking will never be an issue here since there are additional parking spaces in the common area as well as street parking. There is HOA fee roughly about $380/month that covers trash, landscape, and outside maintenance. This definitely gives a great return on investment and is a rare find!

Location

State CA

County Orange

Area 70 - Santa Ana North Of First

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description Greenbelt

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 41042107

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Listed by Lily Le 999 Investments, Inc 714-487-9176

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 363-7362

yosef@adde.la

Serving the South Bay Los Angeles

1039 W Central AVE Santa Ana, CA 92707