A great long term holding investment for someone looking for a very well built quality 5,350 sq ft complex begun in 1988 with 6 units and 14 parking spaces,12 of which are under and along side of the units.
There is a requirement THAT four ( 4) of the units (2- 1bd for seniors & 2- 3bd) are to be reserved for holders of certificates under the Section 8 Program, which has allowed rents close to fair market rents which are Currently aprx $1,800 and up to $1,950 for Market rents&$1,150 for the 1 bd. The other 2 are NOT subject to ANY restrictions and Open to be rented for any market rent. The owners have a 20+yr experience relationship with the sec 8 program under the Santa Ana Housing Authority and find them very fair with comparable rents and ADJUSTMENTS to those when they are able through the years.
5,350 Sq Ft makes for large units with a very spacious 12,000+ sq ft lot with 14 parking spaces for 6 units. Nice Yards and Gardens &walkways. With adjustments to market rents for the TWO 3bd 2ba units &for the allowable SA Housing rents for TWO 3bd 2ba , cld be 11.5 GRM
Not far from the Civic Center and all the amenities of the NEW ventures in Down Town Santa Ana.
Great frontage on Holt Avenue!!! One of the kind property, consist of 3 separate homes, great income opportunity and a wonderful family neighborhood. Over 31,000 square feet lot with many possibilities. For more information please call the listing agent Ana Navarro at 323-791-1896.
Great investment and income producing property with private gate including 7 Garages and 3 spaces. Property is located near civic Center and North of W. First Street near all Major Freeways 5, 22 & 55. This building is mixed of 6 (1Bedroom / 1 bath), one (2 bedroom / I Bath) and one ( 3 bedrooms / 1 Bath) always in demand with no or low Vacancy. The Current owner has been taken care of the property very well and there is no or low differed Maintenance. Brand New Roof installed 4 months ago, some Brand New Garage Doors and some installed in less than a year ago. Toilets are all brand new. Brand New Exterior Paint. The 3 bedrooms has Brand New Kitchen Cabinets, Stove, Sink and Faucets. Brand New Main sewer line from the Building all the way to the street. Laundry room inside of the building with 2 brand new Washers will add more income to this Renal. 3 of the one bedrooms units have one Car Garage each and the other 3 have one Space each. The 2 bedroom and 3 bedroom have 2 car garages each.
Great Investment opportunity in highly sought after Santa Ana, CA. This property features all new plumbing throughout, all units have been rehabilitated with fresh paint, new kitchens, and new bathrooms. Property is located on a cul-de-sac with family friendly neighbors. All 6 units are 2 Bedrooms & 1 Bath and fully occupied by long term tenants. Rents are at market rate. Property has attached 6 car garages. Building is located in the heart of Santa Ana close to shopping, public transportation, schools and downtown. Enjoy a 5%+ CAP rate with very low maintenance costs in a secured investment. All units have separate gas and electric meters.
Cash Flow Gem! Units C and D have been completely remodeled they have new flooring, new kitchen, new granite cabinet tops, a new iron fence, and a new stove. All units have their individual electric and gas meter. Each unit is 2 bedrooms and 1 bathroom with their individual carport parking.
VERY NICE TRIPLEX AND EXCELLENT OPPORTUNITY TO INVEST OR LIVE IN ONE, GREAT LOCATION CLOSED TO SCHOOL,SHOPPING CENTER AND FREEWAY ALL UNITS HAVE 2 BEDROOMS AND 1 BATHROOMS WITH ONE CAR GARAGE PER UNIT.
Fantastic opportunity to purchase 4 units with great cash flow! 2 buildings on one lot with two separate addresses. 402 N Susan is two, 2 bedroom 1 bath units and 326 N Susan is two, 2 bedroom 1 bath units; both have long term tenants that have always paid on time and are low effort to maintain. The city of Santa Ana has the parcel number listed as one lot 198-251-06 These units are grandfathered in. Both units have separate carports with 2 parking spaces.
Brand new constructions. New Stainless steel appliances, wood floors, new paint, new kitchen cabinets, granite kitchen counter tops, new windows, new plumbing, new electrical, two car garage. Front unit has a computer room, big family room, walk in closet, dining room and living room. Second unti has 1 bedroom 1 bath, kitchen, dining room and living room.
Completely remodeled free standing building in the heart of Santa Ana, zoned for residential and commercial mixed use. The upstairs living area with a private entrance is a 2 bedroom, 2 bath condo with a kitchen and great room. The downstairs 2000+ sq. ft. layout is ideal for up to six professional offices with a reception area and 3 bathrooms. It is perfectly suited for a law, insurance, or medical suite of offices. The building comes with a highly visible elevated street sign and has 6 parking spaces plus available street parking. It has central air and heating. Great location at the intersection of Bristol and 17th, near Santa Ana College. Income from a billboard easement on the property flows to the owner.
Desirable rental area with long term occupants. Duplex with additional unit. Two units, have the 17th St address with the other facing Rosewood has an address of 1622 N. Rosewood. Rosewood unit has a single car garage with direct access into unit. Each unit has separate meters. All completely remodeled units are 2 bedrooms and one bathroom. Upgrades include; new dual paned windows, new cabinetry in kitchen with granite counter tops, free standing stoves and dishwashers, rich laminate flooring, newer paint, window blinds, new vanities in bathrooms and tile and new fixtures. Separate laundry room and fenced back yard area. Great return on you investment with a $4,150 rental income per month and approximately $240 per month on laundry room. Centrally located to shopping, transportation, schools and local businesses. Remodeled in 2013.