Under Contract
1104 French Street
Santa Ana CA, 92701
$1,748,000
$461.46 per sqft
Under Contract
3,788 sqft
Multi-family
Built in 1965
Listed by Doron Refael with Doron Refael, Broker 714-253-2883
A great Turn-Key Investment Opportunity with a HIGH RENTAL INCOME. Current income: $11,950 per month. This property offers a single family home in the front and a 3 units apartment building in the back. 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 house also come with its own laundry room inside the unit a small California basement and a private Front yard. Separate Electric meter in all of the units. Excellent cash flow and a High CAP Rate of 6.4% and 12.2 GRM. Units sizes are: 1. 3 Bed/ 2bath 2. 1 bed/1 bath 3. 1 bed/ 1 bath 4. 1bed / 1 bath. a 3-car garage and Uncovered Parking spaces on the property. The Three one bedroom apartments 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 1102 French St. is also available for sale together or separately.
OC24061358
MLSⓇ ID
March 25, 2024
Listed
April 21, 2024
Updated
Map
1104 French Street
Santa Ana CA, 92701
Interior Features
Total Stories
2
Interior Features
Partially Furnished
Laundry Description
Common Area, Inside, Laundry Room, See Remarks
Fireplace
Yes
Fireplace Description
Family Room
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Floor Furnace
Exterior/Building Features
Lot Size
0.17 Acres
Lot Features
31-35 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
70 - Santa Ana North of First
Days on Market
24
Garage
Yes
Garage Spaces
3
Parking Total
6
View
No
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
4/9/2024 | Under Contract | — |
Listing Contact: 714-253-2883
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/21/2024. 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.
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Data last updated on 4/21/2024 at 6:08 PM UTC