216 S Halladay Street, Santa Ana, CA 92701
4
beds 2
baths 2318
ft2 · 4500
ft2 lot$986,500
$426 / ft2
Listing provided courtesy of Justin Yee, Century 21 Masters.
Source CRMLS.
HIGH YIELD INCOME INVESTMENT PROPERTY in Heart of Santa Ana with 3 UNITS and 2 Garages! Blocks from the Revitalization Area in Downtown Santa Ana Area. TURN KEY, Fully Permitted Triplex Perfect to Rent All Units or Live in 1 Unit and Rent the Other 2 units! Upgraded Kitchens, Bathrooms, and Flooring, and Shared Laundry Room Ready For Coin-Op Washer and Dryer For Additional Income. Well Maintained Property Shows Pride of Ownership with Fresh Paint, Two Water Heaters, Newer Copper Plumbing, Newer Exterior Lighting, and an Updated Electrical Panel. Upgrades Provide Comfortable Accommodations for Tenants and a Low Maintenance Property For the Next Owner. INCLUDES: 2x 3 Bed 1 Bath Units + 1x Bed 1 Bath Unit. Perfect Triplex Property for All People Seeking Prime Housing in a Convenient and Central Location Ideal For Access to Surrounding Areas. With 2 Garages and Permitted Street Parking, Residents / Tenants have Ample Space for Storage and Plenty of Parking for Visitors. Currently 100% Fully Occupied with Rents Totaling Nearly $68,220 PER YEAR with a 6.15% Capitalization Rate! Highest Return in the Area For Sale! Rent Out Garages and Install Coin-Op Laundry for Even More Income!
HOA
$0/month
On market
4 months
Year built
1923
Property type
Multi-Family
Parking
6
MLS
OC20255513
Price / Sq.Ft.
$426 / ft2
Status
Active Under Contract
Price analysis
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Property Details
Interior Features & Layout
Appliances
•
Laundry Details: Common Area, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
•
Appliances: Free-Standing Range, Disposal, Gas Oven, Gas Range, Range Hood, Water Heater
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Has Appliances
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Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s), Window Bars
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Laundry: 1
Interior Features
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Electric Details: Electricity - On Property, Standard
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Interior Features: In-Law Floorplan, Block Walls, Ceiling Fan(s), Copper Plumbing Full, Laminate Counters, Open Floorplan, Storage
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Window Features: Custom Covering, Screens
Rooms Info
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Average3 Bed Area Units: Square Feet
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Average Studio Area Units: Square Feet
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Average2 Bed Area Units: Square Feet
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Average1 Bed Area Units: Square Feet
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Room Information: Den, Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom
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Entry Level: 1
Heating & Cooling
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Has Heating
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Heating Details: Wall Furnace
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Cooling Details: Wall/Window Unit(s)
Flooring
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Flooring: Carpet, Laminate, Tile
Interior Size
•
Building Area Total: 2318.00
Property, Lot, Community & Exterior Features
Building Info
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Entry Location: 1
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Building Area Units: Square Feet
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Roof: Shingle
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Foundation Details: Slab
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Stories Total: 2
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Num Stories: One, Two
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Year Built Source: Assessor
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Construction Materials: Concrete, Stucco
Parking Info
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Parking Available: 1
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Parking Features: Assigned, Carport, Attached Carport, Driveway, Concrete, Driveway Level, Garage, Garage Faces Front, Garage - Two Door, Gated, Parking Space, Permit Required, Shared Driveway, Side by Side
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Garage Spaces: 2.00
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Uncovered Spaces: 2.00
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Carport Spaces: 2.00
Community Info
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Road Frontage Type: City Street
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Road Surface Type: Maintained, Paved
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Number Of Buildings: 1
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Total Units: 3
Property Features
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View: Neighborhood
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Fencing: Block, Wrought Iron
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Accessibility: 2+ Access Exits, Low Pile Carpeting, No Interior Steps
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Property Condition: Additions/Alterations, Building Permit, Turnkey, Updated/Remodeled
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Common Walls: No Common Walls
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Exterior Features: Lighting
Lot Info
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Lot Features: Back Yard, Front Yard, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Paved, Yard
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Lot Size Source: Builder
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Elevation Units: Feet
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Lot Size Acres: 0.1033
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Lot Size Area: 4500.0000
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Lot Size Units: Square Feet
Property Type
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Architectural Style: Custom Built
Utilities & Other Information
Utilities
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Number Of Separate Electric Meters: 1
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Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
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Number Of Separate Gas Meters: 1
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Number Of Separate Water Meters: 1
Water & Sewer Info
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Water Source: Public
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Sewer: Public Sewer
Assesments Information
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Assessments: Buyer to Verify
Listing Details, Costs & Financing Information
Financial Info
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Water Sewer Expense: 1320.00
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Cap Rate: 6.15
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Laundry Equipment Own Lease: Own
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Total Actual Rent: 5950.00
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Fuel Expense: 0.00
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Trash Expense: 720.00
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New Taxes Expense: 1836.00
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Insurance Expense: 960.00
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Total Expenses: 4836.00
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Gross Scheduled Income: 68220.00
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Tax Block: B
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Operating Expense: 4836.00
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Present Loans: 1
Tax/Assessment Info
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Gross Income: 68220.00
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Tax Year: 2020
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Taxes: 1835.0
Lease Info
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Net Operating Income: 63384.00
Listing Info
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Status: Active Under Contract
Other
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Electric Expense: 0.00
Multi Unit Information
Unit 2 Information
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Unit 2 Actual Rent: 1350.00
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Unit 2 Bedrooms: 1
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Unit 2 Total Units: 1
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Unit 2 Furnished Units: Unfurnished
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Unit 2 Bathrooms: 1
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Unit 2 Garage Spaces: 0.00
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Unit 2 Total Rent: 1350.00
Multi Unit Information
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Number Wall Ac: 3
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# Of Units: 2
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Number With Patio: 2
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Number Of Units Leased: 3
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Number With Drapes: 3
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Number With Carpet: 1
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Number With Disposal: 3
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Number With Range: 3
Unit 1 Information
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Unit 1 Bedrooms: 3
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Unit 1 Total Units: 2
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Has Attached Garage
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Unit 1 Furnished Units: Unfurnished
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Unit 1 Garage Spaces: 2.00
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Unit 1 Bathrooms: 1
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Unit 1 Actual Rent: 4335.00
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Unit 1 Total Rent: 4335.00
School Neighborhood & Directions
Location
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Other Subdivision Name: Triplex Income Property
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Subdivision: Other (OTHR)
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Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
School Info
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Directions: Going EAST on E FIRST ST, Make a LEFT Going SOUTH ON S Halladay St. PROPERTY IS ON RIGHT SIDE OF S HALLADAY ST on the 3rd block. Parking on Street
Other
Calculation
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Dom: 127
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Cdom: 127
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.
Data last updated: Apr 17, 2021 1:44pm
Neighborhood snapshot
39
Properties for sale
9
Median days on market
$391.95
Median sold price/sqft
105.40%
Sold/List %
walk score® :
transit score® :
bike score® :
Property History
12/11/2020
12/11/2020
CRMLS #OC20255513
active
CRMLS #OC20255513
$986,500
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California DRE #02012110
1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
California DRE #02012110
1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
