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    503 S Flower Street

    Santa Ana, CA 92703
    • $575,000
    • STATUS: Active Under Contract
    • ON SITE: 85 days
    • ID#: PW20097657
    Under Contract
    UPDATED: 2 min ago
    $575,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,136
      SQFT
    • $506
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    Standard Sale! Great Investment Property in a quiet neighborhood with 4.63% CAP ! Two attached homes on a corner lot/duplex. Each home has its private entrance and its own yard. Unit A has 2BD/1BA, Granite kitchen counter, wood cabinets, bath and laundry in the garage. Unit B has 1BD/1BA with living room. Both units are occupied. Total income is $2850. New owner can get more. High demand rental area near Little Saigon. *** Drive by only. Do NOT disturb tenants ***Located in a convenient location close to all types of business, shopping, malls, schools, bus services and freeways. Great investment opportunity with OVER 5.57% CAP RATE or great for a big family. Current annual gross rent $34200. All units have very long term tenants, PLEASE DO NOT DISTURB.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-15T09:28:39.01. 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/106112895
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    503 S Flower Street Santa Ana, CA 92703

    • Price: $575,000
    • Status: Active Under Contract
    • Updated: 2 min ago
    • ID#: PW20097657
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,136
    SQFT
    $506
    $/SQFT
    1922
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    69 - Santa Ana South of First
    Property Description
    Standard Sale! Great Investment Property in a quiet neighborhood with 4.63% CAP ! Two attached homes on a corner lot/duplex. Each home has its private entrance and its own yard. Unit A has 2BD/1BA, Granite kitchen counter, wood cabinets, bath and laundry in the garage. Unit B has 1BD/1BA with living room. Both units are occupied. Total income is $2850. New owner can get more. High demand rental area near Little Saigon. *** Drive by only. Do NOT disturb tenants ***Located in a convenient location close to all types of business, shopping, malls, schools, bus services and freeways. Great investment opportunity with OVER 5.57% CAP RATE or great for a big family. Current annual gross rent $34200. All units have very long term tenants, PLEASE DO NOT DISTURB.
    Exterior Features

    Garage Spaces 1.00 Lot Features 2-5 Units/Acre Lot Size Source Appraiser Lot Size Units Square Feet Parking Total 3.00 Pool Features None Pool Private YN No Property Attached YN No View Neighborhood View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Laundry Features Common Area Levels One Room Type All Bedrooms Down

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.63 Community Features Suburban Country Us Elevation Units Feet Fuel Expense 0.00 Gross Income 34200.00 Gross Scheduled Income 34200.00 Insurance Expense 895.00 Land Lease YN No Laundry YN Yes Net Operating Income 26645.00 New Construction YN No New Taxes Expense 3660.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 7555.00 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Other Total Expenses 7555.00 Trash Expense 0.00 Water Sewer Expense 3000.00 Water Source Private Year Built Source Assessor

    Listing provided courtesy of Myeetsha Coffer-Barnes of Country West Financial Service


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-15T09:28:39.01. 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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