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401 S Birch Street

Santa Ana, CA 92701
  • $1,759,000
  • STATUS: ACTIVE
  • ON SITE: 271 Days
  • ID#: PW22134184
Price Reduced
$1,759,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Great Investment Property - 6 units. All units are occupied with great tenants. Gross Scheduled Income is $115,560! This property sits at a 4.89% CAP Rate with current rents. The property is a mix a five 1 bedroom 1 bath units (600 sq ft) with washer hook up inside. Then one, 2 bedroom 1.5 bath unit about 975 sq ft. There are 6 assigned parking spaces, one for each unit. In addition, 3 garage spaces. 6 individual electric and gas meters, owner pays for water and trash service. Dual pane windows and majority of high cost upgrades were completed within the last 6-8 years making this a low cost maintenance building! Convenient location in the heart of Santa Ana! Easy access to freeways, Santa Ana downtown, plenty of nearby shopping, entertainment, and restaurants. Great Investment Property - 6 units. All units are occupied with great tenants. Gross Scheduled Income is $115,560! This property sits at a 4.89% CAP Rate with current rents. The property is a mix a five 1 bedroom 1 bath units (600 sq ft) with washer hook up inside. Then one, 2 bedroom 1.5 bath unit about 975 sq ft. There are 6 assigned parking spaces, one for each unit. In addition, 3 garage spaces. 6 individual electric and gas meters, owner pays for water and trash service. Dual pane windows and majority of high cost upgrades were completed within the last 6-8 years making this a low cost maintenance building! Convenient location in the heart of Santa Ana! Easy access to freeways, Santa Ana downtown, plenty of nearby shopping, entertainment, and restaurants.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
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401 S Birch Street Santa Ana, CA 92701

  • Price: $1,759,000
  • Status: ACTIVE
  • On Site: 271 Days
  • ID#: PW22134184
4
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
Oc - Santa Ana (92701)
County:
Orange
Area:
Oc - Santa Ana (92701)
Property Description
Great Investment Property - 6 units. All units are occupied with great tenants. Gross Scheduled Income is $115,560! This property sits at a 4.89% CAP Rate with current rents. The property is a mix a five 1 bedroom 1 bath units (600 sq ft) with washer hook up inside. Then one, 2 bedroom 1.5 bath unit about 975 sq ft. There are 6 assigned parking spaces, one for each unit. In addition, 3 garage spaces. 6 individual electric and gas meters, owner pays for water and trash service. Dual pane windows and majority of high cost upgrades were completed within the last 6-8 years making this a low cost maintenance building! Convenient location in the heart of Santa Ana! Easy access to freeways, Santa Ana downtown, plenty of nearby shopping, entertainment, and restaurants. Great Investment Property - 6 units. All units are occupied with great tenants. Gross Scheduled Income is $115,560! This property sits at a 4.89% CAP Rate with current rents. The property is a mix a five 1 bedroom 1 bath units (600 sq ft) with washer hook up inside. Then one, 2 bedroom 1.5 bath unit about 975 sq ft. There are 6 assigned parking spaces, one for each unit. In addition, 3 garage spaces. 6 individual electric and gas meters, owner pays for water and trash service. Dual pane windows and majority of high cost upgrades were completed within the last 6-8 years making this a low cost maintenance building! Convenient location in the heart of Santa Ana! Easy access to freeways, Santa Ana downtown, plenty of nearby shopping, entertainment, and restaurants.
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K Site Corner Lot Spa N/K

Interior Features

Cooling N/K Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Range Oven 6

Property Features

Actual Cap Rate 4.89 Annual Expense Actual 32025 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 15.29 Gross Scheduled Income Actual 115560 Home Owners Fees 0.0 Tenant Pays ElectricityGas/Propane Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1485.0 Unit2 Rent Actual 1597.0 Unit3 Rent Actual 1597.0 Unit4 Rent Actual 1560.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of Real Estate Establishment Inc.: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128