List Price: $1.02M

Listing Status: Active

Original List Price: $1.1M

Days on Market: 48

0 Bedrooms · 0 Bathrooms

Property Type: ResidentialIncome

Year Built: 1963

Lot Size: 6,098 sq ft

MLS Number: PW26170158

About This Property

MAJOR PRICE IMPROVEMENT – FOUR 2-BEDROOM UNITS NOW OFFERED AT $1,025,000! This fully occupied Santa Ana fourplex features four 2-bedroom, 1-bath units offered at approximately $256,250 per unit. The property provides eight total bedrooms, five covered carport spaces, separate gas and electric meters, and an on-site coin-operated laundry facility providing additional income. Current rents total $4,860 per month, with all four units occupied on month-to-month tenancies. The current rent roll may offer long-term income growth potential for an investor acquiring four 2-bedroom units at an attractive price per unit, subject to applicable rental regulations and tenant rights. The building contains approximately 3,689 square feet per public records and has been held by the same ownership for more than 25 years. Buyer to independently verify square footage, unit configuration, rents, expenses, laundry income, permits, property condition, and all applicable rental regulations. Please do not disturb occupants.

Listing provided by: Marcus Bevans DRE #02068413 714-990-0770 mbevans@astutefh.com, HomeSmart, Evergreen Realty

Source: CRMLS, MLS #: PW26170158

Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.