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Listed by Albert Ricci • Ricci Realty
$1,995,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-25101861
Year Built 1932
Property Sub-Type Multi Family
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Great Value Add opportunity in the French Park neighborhood in Santa Ana. 8 units, all 1 bed 1 bath. Profitable laundry room. May qualify for the Mills Act property tax act, check with the city.
POTENTIAL MARKET RENTS ARE $191, 520/ YEAR - 8 UNITS AT $1,995
Actual rents are $130, 056
Part of a portfolio of 4 contiguous properties.
Offer subject to all beneficiaries approval.
POTENTIAL MARKET RENTS ARE $191, 520/ YEAR - 8 UNITS AT $1,995
Actual rents are $130, 056
Part of a portfolio of 4 contiguous properties.
Offer subject to all beneficiaries approval.
Location
State CA
County Orange
Area 70 - Santa Ana North Of First
Interior
Laundry Common Area, In Garage, Individual Room, Outside
Exterior
Utilities Available Sewer Available, Sewer Connected, Water Available, Electricity Available, Electricity Connected
Building
Lot Description 0-1 Unit/Acre
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900