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Key Details
Sold Price $1,680,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,788 sqft
Price per Sqft $443
MLS Listing ID CROC24061358
Sold Date 05/16/24
Bedrooms 6
HOA Y/N No
Year Built 1965
Lot Size 7,572 Sqft
Acres 0.17
Property Description
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.
Location
State CA
County Orange
Area Listing
Interior
Heating Floor Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area, Laundry Room, Inside, See Remarks
Exterior
Exterior Feature Other
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 39802720
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with LindaLight