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    500 E 15th

    Santa Ana, CA 92701
    • $1,125,000
    • STATUS: ACTIVE
    • ON SITE: 24 days
    • ID#: 302989058
    UPDATED: 23 min ago
    $1,125,000
    • 3
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    3 Charming units on this unique property. The front duplex, built in 1960, has been renovated and updated, and each of the units has one bed/one bath. The back, single-family detached residence, is completely renovated with permitted improvements. Each has one bedroom and 1.5 baths with a spacious fenced private patio and a 2-car garage. A new long driveway with plenty of space for recreational use, leads to a 2 car garage for the back house, while each of the duplex residences has a carport. Onsite laund 3 Charming units on this unique property. The front duplex, built in 1960, has been renovated and updated, and each of the units has one bed/one bath. The back, single-family detached residence, is completely renovated with permitted improvements. Each has one bedroom and 1.5 baths with a spacious fenced private patio and a 2-car garage. A new long driveway with plenty of space for recreational use, leads to a 2 car garage for the back house, while each of the duplex residences has a carport. Onsite laundry on the property. Easy access to freeways and employers in the area. Walking distance to schools, and shopping makes this is an attractive area to live. The property has long term tenants paying market rent, but still has exceptional upside potential. This is an excellent opportunity to own a solid performing property for years to come.

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    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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sandiegoareahomesforsale.co/homes/112853051
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    500 E 15th Santa Ana, CA 92701

    • Price: $1,125,000
    • Status: ACTIVE
    • Updated: 23 min ago
    • ID#: 302989058
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    Neighborhood:
    French Court
    County:
    Orange
    Area:
    Oc - Santa Ana (92701)
    Property Description
    3 Charming units on this unique property. The front duplex, built in 1960, has been renovated and updated, and each of the units has one bed/one bath. The back, single-family detached residence, is completely renovated with permitted improvements. Each has one bedroom and 1.5 baths with a spacious fenced private patio and a 2-car garage. A new long driveway with plenty of space for recreational use, leads to a 2 car garage for the back house, while each of the duplex residences has a carport. Onsite laund 3 Charming units on this unique property. The front duplex, built in 1960, has been renovated and updated, and each of the units has one bed/one bath. The back, single-family detached residence, is completely renovated with permitted improvements. Each has one bedroom and 1.5 baths with a spacious fenced private patio and a 2-car garage. A new long driveway with plenty of space for recreational use, leads to a 2 car garage for the back house, while each of the duplex residences has a carport. Onsite laundry on the property. Easy access to freeways and employers in the area. Walking distance to schools, and shopping makes this is an attractive area to live. The property has long term tenants paying market rent, but still has exceptional upside potential. This is an excellent opportunity to own a solid performing property for years to come.
    Exterior Features

    Exterior Stucco Lot Dimensions Approx 7405 Parking Garage Desc Unit1 Assigned Pool N/K Site Cul-De-SacCurbsSidewalks Spa N/K

    Interior Features

    Cooling Central Forced AirWall/Window Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Water Heater Type Tankless

    Property Features

    Actual Cap Rate 4.0 Annual Expense Actual 12362 Buildings 2 Gross Rent Multiplier Actual 18.82 Gross Scheduled Income Actual 59769 Home Owners Fees 0.0 Security Gated Community Tenant Pays Cable TvElectricityGas/Propane Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 2000.0 Unit2 Rent Actual 1500.0 Unit3 Rent Actual 1480.0 Zoning Estimated

    Listing provided courtesy of Coldwell Banker Realty. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    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 © 2021 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