1925 W Washington Avenue, Santa Ana, CA 92706

$1,465,000
12
BD
6
BA
5,339
SqFt

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Sold Price
$1,465,000
List Price
$1,750,000
Closing Date
Sep 21, 2023
Status
CLOSED
MLS#
23300825
Year Built
1968
Bedrooms
12
Bathrooms
6
Living Sq. Ft
5,339
Lot Size
19,612
Acres
0.45
Days on Market
0
Property Type
Multifamily

Property Description

5-Unit apartment in Santa Ana, CA. Built in 1968, this property is located at 1925-29 W. Washington Ave and consists of (1) 3- bedroom 1- bath house with a 2-car garage, (1) 3-bedroom 2-bath house with a single car garage/separate storage unit, and (3) single story 2-bedroom 1-bath units with each unit having their own single car garage. in addition to tremendous rental upside potential with an interior renovation plan and adding an ADU. The property is situated on a +/- 19,612 SF lot. This provides an investor with the potential of an ADU conversion to the existing garages for more rental income, or a ground up ADU development. There are laundry units on-site for additional income. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water and trash. We encourage all interested parties to do their own due diligence with Santa Ana's planning and development division regarding any ADU potential

Additional Information

Pool Description
None
Attached Structure
Detached
Number Of Units Total
5

Listing courtesy of Listing Agent: John Wright (charles.wright@matthews.com) from Listing Office: Matthews Real Estate Investment Services.

Listing sold by John Wright from Matthews Real Estate Investment Services

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.