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Key Details
Sold Price $1,535,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision ,Rosewood Baker
MLS Listing ID OC23158196
Sold Date 11/03/23
Construction Status Turnkey
HOA Y/N No
Year Built 1958
Property Sub-Type Quadruplex
Property Description
Introducing an extraordinary opportunity: an exclusive 4-unit multi-family investment nestled in the heart of Santa Ana, boasting an attractive 5% Cap rate. Experience a blend of excellence with (4) 2 Bed/1 Bath units, offering a total of 3,500 square feet of rentable space. Enhancing the allure, each tenant enjoys the luxury of a private 1-car garage, while Unit A & B offer their own secluded backyard/patio retreats. Recent light renovations have graced each unit, infusing a touch of modernity and revitalization. Elevating convenience, every unit is individually equipped with gas and electricity meters. Commanding a prime position on an expansive 6098 square foot lot, this property enjoys a coveted location within a mile of South Coast Metro and the central artery of Orange County's freeway network. This facilitates direct routes to Los Angeles, San Diego, and the Inland Empire. Notably, the property's accessibility is exceptional: a mere (5) minutes from John Wayne Airport, (45) minutes from LAX, and just (60) minutes from San Diego.
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Interior Features Granite Counters, Open Floorplan, Tile Counters, Bedroom on Main Level
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry See Remarks
Exterior
Parking Features Door-Single, Garage, Garage Faces Rear
Garage Spaces 4.0
Garage Description 4.0
Fence Wrought Iron
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Asbestos Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 41040104
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Kristine Ng COMPASS
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