3708 W Washington Avenue, Santa Ana, CA 92703

$1,889,000
6
BD
3
BA
2,375
SqFt

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Sold Price
$1,889,000
List Price
$1,889,000
Closing Date
Apr 04, 2024
Status
CLOSED
MLS#
OC24004561
Year Built
1975
Bedrooms
6
Bathrooms
3
Living Sq. Ft
2,375
Lot Size
14,375
Acres
0.33
Lot Location
2-5 Units/Acre
Days on Market
79
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

A GREAT OPPORTUNITY FOR A DESIRABLE INVESTMENT PROPERTY IN A HIGH-GROWTH AREA OF SANTA ANA! This property features two houses on a 14,375 sq. ft. lot zoned C1/RES. This designation allows for a mix of commercial and residential use, offering the potential for diverse income streams, including retail, office, restaurants, and professional services. A recent extensive renovation allows for substantial rental income. According to Redfin, housing costs in Santa Ana are 69% higher than the national average, and Orange County rents experienced a 16% increase this year compared to last year. House #1 offers a 4 bed/2 bath, 1,325 sq .ft. House #2, a 2 bed/1 bath, 950 sq. ft. The zoning designation gives the potential to pursue a sought-after ADU or additional 3rd unit property (subject to city planning/approval). Located near the corner of Harbor and Hazard and conveniently close to markets, restaurants, Willowick Golf Course, and Santiago High School. This area is ripe for development, and the desirable C1/RES zoning designation makes this an attractive opportunity for investors.

Additional Information

Appliances
Gas Cooktop, Microwave, Refrigerator, Dryer
Pool Description
None
Cooling
Yes
Cooling Description
Central Air
View
City Lights, Neighborhood
Exterior Construction
Frame
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
School District
Garden Grove Unified
Interior Features
Ceiling Fan(s), Granite Counters, All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Mindy Luong (mindyhanluong@gmail.com) from Listing Office: HPT Realty.

Listing sold by Natalie Duthoy from Harcourts Prime Properties

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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.