1102 French Street, Santa Ana CA, 92701

Under Contract

1102 French Street

Santa Ana CA, 92701

$1,698,000

$490.47 per sqft

Under Contract

3,462 sqft

Multi-family

Built in 1917

Listed by Doron Refael with Doron Refael, Broker 714-253-2883

A great Turn-Key Investment Opportunity with a HIGH RENTAL INCOME. Current income: $11,400 per month and Performa of $12,900. Good unit mix. ALL UNITS FULLY REMODELED. Remodeling included ALL new Kitchens, ALL new Bathrooms, ALL New flooring and Paint, Partial New Plumbing and Electrical. The front main unit also come with its own laundry room inside the unit a basement and a private back yard. Separate Electric meter in 3 of the units. Excellent cash flow and a High CAP Rate of 6.3% and 12.4 GRM. Units sizes are: 1. 2 Bed/ 2bath + Den 2. 3 bed/2 bath 3. 1 bed/ 1 bath 4. 2bed / 1 bath. Uncovered Parking spaces on the property. Three of the units are rented Fully FURNISHED. All Brand-New Appliances and Furniture convey with the sale. This is a rare opportunity and by far the best deal in town. The property is located on a quiet street, well established, clean and safe north of downtown Santa Ana in the desired French Park neighborhood. Only one block from OCSHA and few blocks north of Downtown. The next door property at 1104 French St. is also available for sale together or separately.

OC24061346

MLSⓇ ID

March 26, 2024

Listed

April 9, 2024

Updated

Map

1102 French Street
Santa Ana CA, 92701

Interior Features

Total Stories: 2
Interior Features: Furnished, Quartz Counters
Laundry Description: Common Area, Inside, Laundry Room
Floor Description: Laminate
Fireplace: Yes
Fireplace Description: Living Room
Cooling: Yes
Cooling Description: Wall/Window Unit(s)
Heating: No

Exterior/Building Features

Lot Size: 0.19 Acres
Lot Features: Front Yard, Level
Sewer: Public Sewer

Other Property Details

Area Name: 70 - Santa Ana North of First
Days on Market: 11
Garage: No
Parking: Driveway
Parking Total: 6
View: No
View Description: None
County: Orange
Water Source: Public
Pool: No
Pool Features: None
Buyer Agency Compensation: 2%

Listing History

Date	Event	Price
4/8/2024	Under Contract	—

Listing Contact: 714-253-2883

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 4/9/2024 at 1:10 AM UTC