8
See all 8 photos
$1,395,000
Est. payment /mo
9 Beds
8 Baths
Price Dropped by $5K
1039 W Central Avenue Santa Ana, CA 92707
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25122086
Bedrooms 9
Property Sub-Type Res Income 2-4 Units
Property Description
Great value-Great price income property is up to grab for a saavy investor. Rare to find 4plex that comes with 5 garage and is located in a highly desirable area near South Coast plaza. Owner has spent over $60K to upgrade the property where there is brand new roof, new paint, recent interior renovation and best of yet - tenants have been living there for years on a month to month lease. There is at a minimum 10% upside on the rent. Definitely gives positive cash flow for return on investment. All units' balcony has been redone and One of the units (3beds.2baths) just got a brand new kitchen. New owner can add laundry for additional income. Parking will never be an issue here since there are additional parking spaces in the common area as well as street parking. There is HOA fee roughly about $380/month that covers trash, landscape, and outside maintenance. This definitely gives a great return on investment and is a rare find!
Location
State CA
County Orange
Zoning Public Rec
Direction Major crossed streets are Bristol & Warner
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 41042107
Listed by Lily Le 999 Investments, Inc