$1,698,000
1102 French Street, Santa Ana 92701
8
Beds
6
Baths
8,276
Lot Size
4
# Of Units
Listing Agent
Doron Refael - Doron Refael, BrokerA great Turn-Key Investment Opportunity with a HIGH RENTAL INCOME. Current income: $11,400 per month and Performa of $12,900. Good unit mix. 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 unit also come with its own laundry room inside the unit a basement and a private back yard. Separate Electric meter in 3 of the units. Excellent cash flow and a High CAP Rate of 6.3% and 12.4 GRM. Units sizes are: 1. 2 Bed/ 2bath + Den 2. 3 bed/2 bath 3. 1 bed/ 1 bath 4. 2bed / 1 bath. Uncovered Parking spaces on the property. Three of the units 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 1104 French St. is also available for sale together or separately.
Facts & Features
MLS® # | OC24061346 |
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Price | $1,698,000 |
Bedrooms | 8 |
Bathrooms | 6.00 |
Lot Size | 8,276 |
Year Built | 1917 |
Type | Residential Income |
Sub-Type | Mixed Use |
Status | Active Under Contract |
# Of Units | 4 |
Community Information
Address | 1102 French Street |
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Area | 70 - Santa Ana North of First |
Subdivision | French Park |
City | Santa Ana |
County | Orange |
Zip Code | 92701 |
Amenities
Parking Spaces | 6 |
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Parking | Driveway |
Garages | Driveway |
View | None |
Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Interior | Laminate |
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Interior Features | Furnished, Quartz Counters |
Cooling | Wall/Window Unit(s) |
Has Basement | No |
Fireplace | Yes |
Fireplaces | Living Room |
# of Stories | 2 |
Stories | Two |
Exterior
Lot Description | Front Yard, Level |
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Additional Information
Date Listed | March 26th, 2024 |
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Days on Market | 30 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Doron Refael |
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Office | Doron Refael, Broker |