THIS IS INCOME PROPERTY WITH TWO DETACHED UNITS. THE FRONT UNIT HAS ONE BEDROOM AND ONE BATHROOM, AND THE REAR UNIT HAS TWO BEDROOMS AND ONE BATHROOM. THE PROPERTY HAS A LONG DRIVEWAY THAT CAN PARK MULTIPLE CARS. BOTH UNITS ARE VERY NICE AND CLEAN. BOTH UNITS HAVE UPGRADED KITCHEN CABINET AND COUNTERTOPS.
The triplex townhouse style, 2beds, 1.5 baths each, three carports......It is an excellent investment for the price. The kitchens and bathrooms have been upgraded, see pictures.
Welcome to 2313 Franzen Avenue, a meticulously maintained Covington style 4-plex located in the heart of Northeast Santa Ana. This exceptional property, bordering North Tustin and Orange, is a prime investment opportunity nestled within the highly sought-after Orange Unified School District boundaries. With easy access to the 55 and 22 freeways, as well as plenty of shopping and rapid transit nearby, convenience is just an added bonus to this property. The charming residential architecture at 2313 Franzen Avenue has been brought to life with modern maintenance and care. The strategic unit mix has been in high demand since its inception, and this property is no exception. The Franzen Avenue 4-plex boasts an attractive mix of units: one spacious 3-bedroom, 1.75-bath unit, two comfortable 2-bedroom, 1-bath units, and one cozy 1-bedroom, 1-bath unit. Each unit is thoughtfully designed with balconies for the upstairs units and patios for the downstairs units, providing residents with outdoor spaces to relax and enjoy. Financially, 2313 Franzen Avenue is a standout. With a current annual income of $94,880, new owners will find that there ample opportunity to reach market levels. This turnkey apartment building offers stable and impressive returns right from the start. The location, charm, and income potential of this property make it a standout choice for any investor. The high demand for such unit mixes ensures low vacancy rates and long-term desirability. Whether you are a seasoned investor or new to the market, 2313 Franzen Avenue is an opportunity that cannot be missed. I invite you to come see all that 2313 Franzen Avenue has to offer you!
Great opportunity to own a secure and private triplex, perfect for a family compound. Large 2 bedroom, 1 bath and two 1 bedroom 1 bath units. One of the 1 bedroom units is larger than the other. Property has a large laundry room off of an oversized patio and yard area that is used for entertaining and gatherings. This peaceful area is accessed through a gate and is secluded from the rest of the neighborhood. Three private garages and a long driveway for lots of off street parking. Close to shopping and schools. Multiple possibilities for ADU's!
This charming property, located at the corner of S Broadway and Richland in the heart of Santa Ana, has been completely rebuilt within the last 2 years!! The main house is a 3-bedroom, 2.5-bathroom. It featuring central air and heating. The kitchen includes a laundry area and brand-new stainless steel appliances: a refrigerator, stove, and microwave. The living room boasts a fireplace/chimney. Additionally, a stackable washer and dryer in white are included. The second unit, attached to the main house, is a cozy remodeled 1-bedroom, 1-bathroom space with its own entrance. It also features stainless steel appliances, including a refrigerator and microwave, as well as a laundry area with a stackable washer and dryer. The third unit is a 2-bedroom, 1-bathroom residence. Each unit is equipped with its own electrical and gas meters
CAN BE SOLD TOGETHER OR SEPARATELY WITH 1413 S. STANDARD AVE. STANDARD APARTMENTS OFFERS 10 UNITS NEARLY FULLY STABILIZED! $250K SPENT IN RECENT CAPeX UPGRADES. SB 721 COMPLIANCE REPORTS HAVE BEEN COMPLETED! UNIT UPGRADES IN SELECT UNITS INCLUDE: NEW FLOORING, VINYL WINDOWS, NEW PAINT, NEW COUNTERTOPS, NEW CABINETS, NEW BATHROOM VANITIES, NEW PLUMBING AND ELECTRICAL FIXTURES, NEW SUB-PANELS, BRAND NEW HEATING. 8 OF 10 UNITS ARE ENROLLED IN RUBS PROGRAM ALLOWING FOR UTILITY REIMBURSEMENT AND LOWER EXPENSES.
CAN BE SOLD TOGETHER OR SEPARATE FROM 1421 S. STANDARD AVE. STANDARD APARTMENTS OFFERS 10 UNITS NEARLY FULLY STABILIZED! $250 SPENT IN RECENT CAPeX UPGRADES. SB 721 COMPLIANCE REPORTS HAVE BEEN COMPLETED! UNIT UPGRADES IN SELECT UNITS INCLUDE: NEW FLOORING, VINYL WINDOWS, NEW PAINT, NEW COUNTERTOPS, NEW CABINETS, NEW BATHROOM VANITIES, NEW PLUMBING AND ELECTRICAL FIXTURES, NEW SUB-PANELS, BRAND NEW HEATING. 8 OF 10 UNITS ARE ENROLLED IN RUBS PROGRAM ALLOWING FOR UTILITY REIMBURSEMENT AND LOWER EXPENSES.
GREAT OPPORTUNITY TO START OR ADD TO YOUR INVESTMENT PROPERTY PORTFOLIO!! THIS FULLY OCCUPIED DUPLEX SITS IN THE HEART OF SANTA ANA. THE FRONT UNIT OFFERS 3 BEDROOMS, 1 BATH AND ONE-CAR GARAGE DETACHED. THE BACK UNIT IS ACCESSIBLE THROUGH THE SIDE ALLEY. IT CONSISTS OF 2 BEDROOMS/1 BATH AND THE GARAGE WAS CONVERTED INTO AN ADDITIONAL BEDROOM. LARGE YARD WITH MULTIPLE FRUIT TREES AND A COVERED PATIO. EACH UNIT HAS ITS OWN GAS & ELECTRIC METER BUT SHARES A SINGLE WATER METER. ALL TENANTS ARE ON 1 YEAR LEASE. RENTS ARE BELOW MARKET VALUE. WALKING DISTANCE TO SANTA ANA HIGH SCHOOL, SAHS TENNIS COURTS, EMMAUS CHURCH. CLOSE TO SHOPPING, RESTAURANTS, AND MUCH MORE...
***Front Unit: Two bedrooms, one bath. Newer windows and tile flooring. Updated kitchen. Small private front yard. Bonus room added to the back of the front house. Shared driveway easement with neighbors. ***Back Unit: Two bedrooms, one bath. Private yard space and parking. Both units are permitted by the city of Santa Ana ***Architectural plans for a THIRD UNIT have been submitted to the City of Santa Ana and is in the process to obtain FINAL APPROVAL.
Minutes from South Coast Plaza, this very desirable 4-unit apartment building of all two bedroom one and a half bath townhouse units. Featuring private patios, individual metering for gas and electricity, individual water heaters, four garages, laundry room and two open parking spaces an investor can purchase 2809 S Baker in combination with 2701, 2709, 2717, 2725, and 2729 S Baker Street. Directly across the street from Saddleback High School the location is minutes from the 405 Freeway, South Coast Plaza, Segerstrom Center for the Arts and Cal Thornton Park. The South Coast Metro area is one of the most dynamic in Southern California. With current rents approximately half of market, additional revenue upside exists through implementation of a RUBS program for water/sewer, garage rent, and/or adding at least one ADU unit, which could add as much as $33,000 a year to the income. When a unit turns over a renovation can add substantial rental income. Expenses are an average of all 24 units over a 12-month period of time. Unit 2809 # A is current onsite manager for all 24 units. Rent is calculated at $1,415/month. This opportunity to acquire up to six 4-unit assets, covering an entire city block, in a low velocity market from long term owners is unique.
Minutes from South Coast Plaza, this very desirable 4-unit apartment building of all two bedroom one and a half bath townhouse units. Featuring private patios, individual metering for gas and electricity, individual water heaters, four garages and two open parking spaces an investor can purchase 2729 S Baker in combination with 2701, 2709, 2717, 2725, and 2809 S Baker Street. Directly across the street from Saddleback High School the location is minutes from the 405 Freeway, South Coast Plaza, Segerstrom Center for the Arts and Cal Thornton Park. The South Coast Metro area is one of the most dynamic in Southern California. With current rents approximately half of market, additional revenue upside exists through implementation of a RUBS program for water/sewer, garage rent, and/or adding at least one ADU unit, which could add as much as $33,000 a year to the income. When a unit turns over a renovation can add substantial rental income. Expenses are an average of all 24 units over a 12-month period of time. This opportunity to acquire up to six 4-unit assets, covering an entire city block, in a low velocity market from long term owners is unique.
Minutes from South Coast Plaza, this very desirable 4-unit apartment building of all two bedroom one and a half bath townhouse units. Featuring private patios, individual metering for gas and electricity, individual water heaters, four garages and two open parking spaces an investor can purchase 2725 S Baker in combination with 2701, 2709, 2717, 2729, and 2809 S Baker Street. Directly across the street from Saddleback High School the location is minutes from the 405 Freeway, South Coast Plaza, Segerstrom Center for the Arts and Cal Thornton Park. The South Coast Metro area is one of the most dynamic in Southern California. With current rents approximately half of market, additional revenue upside exists through implementation of a RUBS program for water/sewer, garage rent, and/or adding at least one ADU unit, which could add as much as $33,000 a year to the income. When a unit turns over a renovation can add substantial rental income. Expenses are an average of all 24 units over a 12-month period of time. This opportunity to acquire up to six 4-unit assets, covering an entire city block, in a low velocity market from long term owners is unique.
Minutes from South Coast Plaza, this very desirable 4-unit apartment building of all two bedroom one and a half bath townhouse units. Featuring private patios, individual metering for gas and electricity, individual water heaters, four garages and two open parking spaces an investor can purchase 2717 S Baker in combination with 2701, 2709, 2725, 2729, and 2809 S Baker Street. Directly across the street from Saddleback High School the location is minutes from the 405 Freeway, South Coast Plaza, Segerstrom Center for the Arts and Cal Thornton Park. The South Coast Metro area is one of the most dynamic in Southern California. With current rents approximately half of market, additional revenue upside exists through implementation of a RUBS program for water/sewer, garage rent, and/or adding at least one ADU unit, which could add as much as $33,000 a year to the income. When a unit turns over a renovation can add substantial rental income. This opportunity to acquire up to six 4-unit assets, covering an entire city block, in a low velocity market from long term owners is unique.
Minutes from South Coast Plaza, this very desirable 4-unit apartment building of all two bedroom one and a half bath townhouse units. Featuring private patios, individual metering for gas and electricity, individual water heaters, four garages and two open parking spaces an investor can purchase 2709 S Baker in combination with 2701, 2717, 2725, 2729, and 2809 S Baker Street. Directly across the street from Saddleback High School the location is minutes from the 405 Freeway, South Coast Plaza, Segerstrom Center for the Arts and Cal Thornton Park. The South Coast Metro area is one of the most dynamic in Southern California. With current rents approximately half of market, additional revenue upside exists through implementation of a RUBS program for water/sewer, garage rent, and/or adding at least one ADU unit, which could add as much as $33,000 a year to the income. When a unit turns over a renovation can add substantial rental income. Expenses are an average of all 24 units over a 12-month period of time. This opportunity to acquire up to six 4-unit assets, covering an entire city block, in a low velocity market from long term owners is unique.
Minutes from South Coast Plaza, this very desirable 4-unit apartment building of all two bedroom one and a half bath townhouse units. Featuring private patios, individual metering for gas and electricity, individual water heaters, four garages, three open parking spaces and a laundry room, an investor can purchase 2701 S Baker in combination with 2709, 2717, 2725, 2729, and 2809 S Baker Street. Directly across the street from Saddleback High School the location is minutes from the 405 Freeway, South Coast Plaza, Segerstrom Center for the Arts and Cal Thornton Park. The South Coast Metro area is one of the most dynamic in Southern California. With current rents approximately half of market, additional revenue upside exists through implementation of a RUBS program for water/sewer, garage rent, and/or adding at least one ADU unit, which could add as much as $33,000 a year to the income. When a unit turns a renovation can add substantial rental income. Expenses are an average of all 24 units over a 12-month period of time. This opportunity to acquire up to six 4-unit assets, covering an entire city block, in a low velocity market from long term owners is unique.
GREAT INVESTMENT OPPORTUNITY. READY to add an ADU and build another addition to increase your income substantially (By approx.. $40,000 annually) OR Build & FLIP. MAJOR REMODEL in 2022 ** BACK house was BUILT in 1988. Seller has approved plans from the city to add living space and a bath to the FRONT HOUSE. And to convert the 3 garages in the back HOUSE to a 2 bedroom ADU. So YOU CAN END UP with THREE units in the BACK HOUSE. Plans have been approved and a building permit has been issued. Over $27,000 in design & city fees have been paid, these will be part of the purchase price. The permit will be TRANSFERRED to the buyer AS-IS, any additional fees, changes, alterations, inspections or similar future issues related to the permit will be the responsibility of the buyer. ** TWO HOUSES sitting on one LARGE lot approx. 9,583 sq. ft. the property has a PRIVATE gate for more privacy and security. ** ALL Tenants are on month to month lease and paying MARKET Value rent ** BOTH HOUSES have NEW double-pane windows, NEW floors w/ baseboard everywhere, living rooms and bedrooms, NEW bathrooms, NEW tub vanity & toilet. New kitchen cabinets, countertops, plumbing fixtures. NEW light fixtures. ** FRONT house is one level w/ 2 bedrooms and one FULL bath and a full kitchen with ATTACHED 2 car garage. ** BACK house is a 2 story house and has been divided into TWO SEPERATE units with SEPERATE stairs from inside, Legally it is one unit. For BACK HOUSE: The unit to the LEFT consists of 2 story, downstairs has a LARGE open floor plan with one bedroom, one FULL bathroom, spacious living area that open to the full kitchen which is completely remodeled w/cabinets, pull-out drawers and self-closing doors, quartz counter tops. NEW paint everywhere. Kitchen has a direct access to big patio thru large sliding door / UPSTAIRS has 2 bedrooms, one full bath, an OPEN area that can be an additional room or office and a BIG LOFT can be an additional room ** The unit to the RIGHT, is an upstairs unit with 2 bedrooms, one FULL bath, SPACIOUS entrance to living area & kitchen. Back house: NEW tankless water heater. Very big LOT for additional parking. Front and Back unit are SEPERATELY metered for gas, electric and water. CENTRALLY located, close to downtown, transportation, schools, shopping & park. MAJOR freeways 22,5,57. DO NOT go direct, do not disturb tenants. Standard sale. Please submit offer subject to inspection and cross qualification with our preferred lender.
The offering comprises 1212 North Broadway, a completely remodeled 30-unit building, as well as 300 West Washington Boulevard, a large 0.48-acre parking lot on a separate parcel that is partially leased to a neighborhing school and generates significant income. Previously operated as VRBO short-term rentals, 1212 North Broadway offers a new investor the unique opportunity to reposition a pride-of-ownership asset. The building boasts a memorable New Orleans-style facade that leads to a stunning courtyard, two stories of virtually brand new apartments, and a separate 500-square foot office. The apartment building offers 20 one-bed/one-baths and 10 two-bed/two-baths, each with in-unit laundry, mini splits, new appliances, modern baths, and upgraded finishes. The apartments’ enviable interiors are poised to attract a strong tenant base; well-located in the heart of Santa Ana near the city’s historic downtown and Orange County’s civic center, 1212 North Broadway is within walking distance of major employers, schools, including the OC School of the Arts, and the upcoming OC Streetcar line set to open in 2025.
Santa Corona North Apartments is a 24-unit multifamily investment property located in Santa Ana, CA. With a prime Santa Ana location, situated between Floral Park and French Park, residents of Santa Corona North Apartments are at the epicenter of all that Santa Ana has to offer. The property is surrounded by an abundance of retail, dining, and entertainment options along 4th Street, 17th Street, and Main Street. Additionally, the property is just under 1.25 miles from Santa Ana College, the 3rd top employer within the city, per Santa Ana’s 2023 Annual Comprehensive Financial Report. Furthermore, residents enjoy the property’s close proximity to Interstate 5, connecting residents to major employment hubs throughout Orange and Los Angeles Counties. Built in 1979, Santa Corona North Apartments offers a mix of studio and one-bedroom floor plans on a spacious 0.36-acre lot. The property offers highly desirable amenities including private balconies (select units), a gated parking garage and an on-site laundry facility. With current rents below market rates, Santa Corona North Apartments represents a unique value-add opportunity through the execution of a property renovation plan. With a prime Santa Ana location and ample upside, Santa Corona North Apartments represents an enticing opportunity for a new owner.
Duplex, As Is. Nice size lot. Both units have two bedrooms and one bath, with 2 garages. Back unit has enclosed patio, Close to shopping and College.
Charming Fourplex Income Property in very good condition. Discover a fantastic investment opportunity with this charming fourplex income property, ideally situated near South Coast Plaza, on the border with Costa Mesa. This property features a desirable mix of spacious units, making it perfect for generating rental income.Unit 1 has 3 bedroom 2 bathrooms 2-car garageUnits 2, 3, and 4 have 2 bedrooms1.5 bathrooms 1-car garage each, Each unit comes with laundry hookups in the garage, providing added convenience for tenants. Located in a highly sought-after area, this property is close to the Metro Pointe Shopping Center, the 405 freeway, and top-rated schools.Don’t miss out on this wonderful opportunity in a very desirable location!
19 Unit Complex with community laundry room & 28 Parking spaces and large patios. Located near Downtown Santa Ana and various public transportation. (contact for any BAC questions)
Pleased to present 2225 South Center Street in Santa Ana, CA. This 3-unit investment property consists of (2) two-bedroom/one-bathroom apartments, and (1) one-bedroom/one-bathroom apartment that has been recently renovated. Located in a residential neighborhood, adjacent to both Adams Park and Adams Elementary School, residents enjoy close proximity to world class shopping and dining options at South Coast Plaza and SOCO & The OC Mix. There is a laundry facility available to the tenants and abundant on-site parking, with (3) garages and an additional (8) open spaces. Each unit has a patio, and individual water heater. Upside potential is immense, by renovating the two-bedroom units and re-renting them at market levels. Additionally, the property offers the possibility of converting the garages to an Accessory Dwelling Unit (ADU). (Buyer to satisfy themselves as to options and feasibility of ADU conversion).
welcome to your dream investment opportunity in the heart of santa ana this property has 4 units the front unit is 2 bedrooms and 1 bath and the other 3 units are 1 bedroom and 1 bath, each of them, front unit is rented and A-B-C units are rented very easy access to freeways shopping centers and city hall, this property has a huge potential you have to see this units , good for first time buyers or investors
Courtesy: Gallegos Realty
Pleased to present 1328 North Durant Street located in Santa Ana, CA. This impressive property features (16) spacious 1BR/1BA-Jr.* units, averaging ±700 SF. Boasting recent capital improvements totaling approximately $104,000, this well-maintained property presents a compelling investment with a $224,688 price per unit and an enticing 8.7% CAP rate based on market rents. Residents will enjoy community garage parking, patios, balconies, and A/C, making this an attractive prospect for the discerning investor seeking a lucrative addition to their portfolio. *1BR/1BA-Jr are legal studio units with a partition or furniture dividing bedroom area.
Santa Ana is located in California. Santa Ana, California has a population of 334,493. Santa Ana is more family-centric than the surrounding county with 40.92% of the households containing married families with children. The county average for households married with children is 36.16%.
The median household income in Santa Ana, California is $57,151. The median household income for the surrounding county is $81,851 compared to the national median of $57,652. The median age of people living in Santa Ana is 31 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 47 degrees. The average rainfall is approximately 13.5 inches per year, with 0 inches of snow per year.
