2225 S Center Street, Santa Ana, CA 92704
- $1,030,000
- Sold Price
- $1,030,000
- List Price
- $1,085,000
- Closing Date
- Sep 04, 2024
- Status
- CLOSED
- MLS#
- PW24114285
- Year Built
- 1960
- Lot Size
- 6,827
- Acres
- 0.16
- Days on Market
- 54
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
Property Description
Pleased to present 2225 South Center Street in Santa Ana, CA. This 3-unit investment property consists of (2) two-bedroom/one-bathroom apartments, and (1) one-bedroom/one-bathroom apartment that has been recently renovated. Located in a residential neighborhood, adjacent to both Adams Park and Adams Elementary School, residents enjoy close proximity to world class shopping and dining options at South Coast Plaza and SOCO & The OC Mix. There is a laundry facility available to the tenants and abundant on-site parking, with (3) garages and an additional (8) open spaces. Each unit has a patio, and individual water heater. Upside potential is immense, by renovating the two-bedroom units and re-renting them at market levels. Additionally, the property offers the possibility of converting the garages to an Accessory Dwelling Unit (ADU). (Buyer to satisfy themselves as to options and feasibility of ADU conversion).
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $68,988
- Operating Expense
- 21891
Listing courtesy of Listing Agent: Damien Breaux (db@morganskenderian.com) from Listing Office: Morgan Skenderian.
Listing sold by Ernesto Figueroa from Figueroa Properties
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