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401 S Birch Street

Santa Ana, CA 92701
  • $1,540,000
  • STATUS: Closed
  • ON SITE: 704 Days
  • ID#: PW22134184
Sold - 07/24/2023
$1,540,000
SOLD - 07/24/2023
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Matthew Drenner of Real Estate Establishment Inc. (714-744-5711)


Description

Great Investment Property - 6 units. All units are occupied with great tenants. Gross Scheduled Income is $115,560! The property is a mix a five 1 bedroom 1 bath units (600 sq ft) with washer hook up inside. Then one, 2 bedroom 1.5 bath unit about 975 sq ft. There are 6 assigned parking spaces, one for each unit. In addition, 3 garage spaces. 6 individual electric and gas meters, owner pays for water and trash service. Dual pane windows and majority of high cost upgrades were completed within the last 6-8 years making this a low cost maintenance building! Convenient location in the heart of Santa Ana! Easy access to freeways, Santa Ana downtown, plenty of nearby shopping, entertainment, and restaurants.

Sold by General Nonmember of NONMEMBER MRML.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T00:37:59.79. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/130081905
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401 S Birch Street Santa Ana, CA 92701

  • Price: $1,699,000
  • Status: Closed
  • On Site: 704 Days
  • ID#: PW22134184
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1964
Built
Neighborhood:
N/A
County:
Orange
Area:
69 - Santa Ana South of First
Property Description
Great Investment Property - 6 units. All units are occupied with great tenants. Gross Scheduled Income is $115,560! The property is a mix a five 1 bedroom 1 bath units (600 sq ft) with washer hook up inside. Then one, 2 bedroom 1.5 bath unit about 975 sq ft. There are 6 assigned parking spaces, one for each unit. In addition, 3 garage spaces. 6 individual electric and gas meters, owner pays for water and trash service. Dual pane windows and majority of high cost upgrades were completed within the last 6-8 years making this a low cost maintenance building! Convenient location in the heart of Santa Ana! Easy access to freeways, Santa Ana downtown, plenty of nearby shopping, entertainment, and restaurants.
Exterior Features

Fencing Wrought Iron Lot Features Corner Lot Number Of Separate Electric Meters 6 Open Parking Spaces 6 Parking Features Assigned Parking Total 9 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetTile Heating Wall Furnace Heating YN Yes Interior Features Granite Counters

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Buyer Financing Conventional Cap Rate 5 Common Interest None Community Features Street Lights Contingency Seller is Open To CarrySubmit Terms Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 115560 Insurance Expense 2250 Land Lease YN No Laundry Features Washer HookupInside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalSubmit Maintenance Expense 3000 Net Operating Income 89000 New Construction YN No New Taxes Expense 20485 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 26560 Pest Control Expense 1380 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 1910 Utilities Natural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 1950 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T00:37:59.79. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Matthew Drenner of Real Estate Establishment Inc. (714-744-5711)