616 618 S Van Ness Avenue, Santa Ana, CA 92701

$760,000

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Sold Price
$760,000
List Price
$1,195,000
Closing Date
Oct 25, 2023
Status
CLOSED
MLS#
PW23179115
Year Built
1924
Lot Size
6,970
Acres
0.16
Days on Market
15
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Pleased to present 616-618 South Van Ness Ave, a property consisting of (1) studio, and (5) single-story 1-bedroom/1-bathroom apartments, located in the high demand Santa Ana rental market. 616-618 South Van Ness is within walking distance of elementary schools and Santa Ana High School, and are just one mile from the heart of downtown, with its abundant restaurant and retail offerings. Also, there may be the possibility to redevelop the units. Buyer to satisfy themselves with regards to city zoning, building requirements, etc.

Additional Information

Taxes
$13,386
Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$63,864
Operating Expense
25904

Listing courtesy of Listing Agent: Damien Breaux (db@morganskenderian.com) from Listing Office: Morgan Skenderian.

Listing sold by Damien Breaux from Morgan Skenderian

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Calculator source: Real Geeks

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.