Homes for sale - 1010 North Bewley Street, Santa Ana, CA 92703

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John R Thompson

jrtcalibroker@gmail.com +1(805) 796-5221

Listed by Long Nguyen • Advance Estate Realty

$4,499,000

Est. payment - /mo

8,435 SqFt

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Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 8,435 sqft

Price per Sqft $533

MLS Listing ID OC-25069662

Year Built 1944

Lot Size 0.934 Acres

Property Sub-Type Apartment

Property Description

Fully remodeled 2-bed, 1-bath detached units on nearly 1 acre--each featuring private yards, 1-2 car garages, and extended driveways for ample parking. Seller invested approx. $300,000 in capital improvements, including luxury vinyl plank flooring, quartz countertops, new cabinets, upgraded bathrooms, split AC systems, and dual-pane windows. Tenants pay all utilities; owner only covers gardening. Rents are currently 10-20% below market, offering excellent upside. CAP rate is 5.86% with minimal operating expenses. Development Potential: City has preliminarily approved 4 additional units, with garage-to-ADU conversion potential. Zoning may allow up to 18 units with density bonus (buyer to verify). A rare opportunity to acquire a high-performing asset with strong cash flow and significant redevelopment potential!

Location

State CA

County Orange

Area 66 - N Bolsa, S Gg, E Brookhurst, W Harbor

Interior

Heating Ductless

Cooling Ductless

Flooring Vinyl

Fireplaces Type None

Laundry Inside

Exterior

Parking Features Garage, Garage - Single Door, Garage - Three Door, Garage - Two Door, Garage Faces Front, Driveway

Garage Spaces 14.0

Pool None

Community Features Street Lights

Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected, Phone Available

Building

Lot Description Yard

Sewer Public Sewer

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John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

1010 North Bewley Street Santa Ana, CA 92703

John R Thompson

Key Details

Location

Interior

Exterior

Building

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1010 North Bewley Street