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$ 4,299,000
Est. payment | /mo
0.52 Acres Lot
$ 4,299,000
Est. payment | /mo
0.52 Acres Lot
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26238120
HOA Y/N No
Year Built 1989
Lot Size 0.520 Acres
Property Sub-Type Apartment
Property Description
Awesome cash flow, with GRM of 12.5, about 7.4% CAP RATE, YES 7.4% CAP RATE, of Santa Ana Village, 2 buildings , 2 addresses, 3625 W. 11th St building has 4 units, 3627 W. 11th St building has 3 units. All units were built looked like condo/townhouse style with spacious 5 bedrooms, 3 bathrooms, with 2 car attached garage with laundry hook ups, direct access to the house, about 1900 SF each unit with private balcony. First time offered for sale in 40 years. All units have been renovated. All have seperate electrical and gas meters. Thoughtfully designed for comfortable family living, these units offer strong rental appeal and long-term value. Ideally located in a convenient area of great Orange County. This property offers investors stable income with long-term upside potential.
Location
State CA
County Orange
Area 70 - Santa Ana North Of First
Interior
Fireplace No
Laundry In Garage
Exterior
Garage Spaces 14.0
Garage Description 14.0
Pool None
Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 14
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 19810110
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Thomas Dao Superior Real Estate Group 714-222-2229, DRE #00958467