1104 French Street, Santa Ana, CA 92701
- $1,680,000
- Sold Price
- $1,680,000
- List Price
- $1,748,000
- Closing Date
- May 16, 2024
- Status
- CLOSED
- MLS#
- OC24061358
- Year Built
- 1965
- Lot Size
- 7,572
- Acres
- 0.17
- Lot Location
- 31-35 Units/Acre
- Days on Market
- 10
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- French Villas (Frvl)
Property Description
A great Turn-Key Investment Opportunity with a HIGH RENTAL INCOME. Current income: $11,950 per month. This property offers a single family home in the front and a 3 units apartment building in the back. ALL UNITS FULLY REMODELED. Remodeling included ALL new Kitchens, ALL new Bathrooms, ALL New flooring and Paint, Partial New Plumbing and Electrical. The front main house also come with its own laundry room inside the unit a small California basement and a private Front yard. Separate Electric meter in all of the units. Excellent cash flow and a High CAP Rate of 6.4% and 12.2 GRM. Units sizes are: 1. 3 Bed/ 2bath 2. 1 bed/1 bath 3. 1 bed/ 1 bath 4. 1bed / 1 bath. a 3-car garage and Uncovered Parking spaces on the property. The Three one bedroom apartments are rented Fully FURNISHED. All Brand-New Appliances and Furniture convey with the sale. This is a rare opportunity and by far the best deal in town. The property is located on a quiet street, well established, clean and safe north of downtown Santa Ana in the desired French Park neighborhood. Only one block from OCSHA and few blocks north of Downtown. The next door property at 1102 French St. is also available for sale together or separately.
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Additional Information
- Pool Description
- None
- Fireplace Description
- Family Room
- Heat
- Floor Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Partially Furnished
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $143,400
- Operating Expense
- 30660
Listing courtesy of Listing Agent: Doron Refael (doron.refael@att.net) from Listing Office: Doron Refael, Broker.
Listing sold by Linda Light from Coldwell Banker Realty
Mortgage Calculator
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.