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Listed by Lily Le • 999 Investments, Inc
$ 1,395,000
Est. payment /mo
Price Dropped by $5K
1039 West Central Avenue Santa Ana, CA 92707
4,557 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,557 sqft
Price per Sqft $306
MLS Listing ID PW-25122086
Year Built 1977
Lot Size 6,534 Sqft
Property Sub-Type Quadruplex
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
Area 70 - Santa Ana North Of First
Interior
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Parking Features Gated
Garage Spaces 5.0
Pool None
Community Features Sidewalks, Street Lights
Building
Lot Description Greenbelt, Lot 6500-9999
Sewer Public Sewer