Listing provided courtesy of Justin Yee, Century 21 Masters.
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!
Price / Sq.Ft.
$426 / ft2
Active Under Contract
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Based on a price of $986,500
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Interior Features & Layout
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
Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s), Window Bars
Electric Details: Electricity - On Property, Standard