Under Contract

1104 French Street

Santa Ana CA, 92701

$1,748,000


$315.47 per sqft

Under Contract

5,541 sqft

Multi-family

Built in 1965

Listed by Doron Refael with Doron Refael, Broker 714-253-2883

A great Turn-Key Investment Opportunity with a HIGH RENTAL INCOME. Current income: $11,950 per month. This property offers a single family home in the front and a 3 units apartment building in the back. ALL UNITS FULLY REMODELED. Remodeling included ALL new Kitchens, ALL new Bathrooms, ALL New flooring and Paint, Partial New Plumbing and Electrical. The front main house also come with its own laundry room inside the unit a small California basement and a private Front yard. Separate Electric meter in all of the units. Excellent cash flow and a High CAP Rate of 6.4% and 12.2 GRM. Units sizes are: 1. 3 Bed/ 2bath 2. 1 bed/1 bath 3. 1 bed/ 1 bath 4. 1bed / 1 bath. a 3-car garage and Uncovered Parking spaces on the property. The Three one bedroom apartments are rented Fully FURNISHED. All Brand-New Appliances and Furniture convey with the sale. This is a rare opportunity and by far the best deal in town. The property is located on a quiet street, well established, clean and safe north of downtown Santa Ana in the desired French Park neighborhood. Only one block from OCSHA and few blocks north of Downtown. The next door property at 1102 French St. is also available for sale together or separately.

OC24061358

MLS ID

March 25, 2024

Listed

April 9, 2024

Updated

Map

1104 French Street
Santa Ana CA, 92701

Interior Features

Total Stories

2


Interior Features

Partially Furnished


Laundry Description

Common Area, Inside, Laundry Room, See Remarks


Fireplace

Yes


Fireplace Description

Family Room


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Floor Furnace

Exterior/Building Features

Lot Size

0.19 Acres


Lot Features

31-35 Units/Acre


Sewer

Public Sewer

Other Property Details

Area Name

70 - Santa Ana North of First


Days on Market

11


Garage

Yes


Garage Spaces

3


Parking Total

6


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/9/2024

Under Contract

Listing Contact: 714-253-2883 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/9/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/9/2024 at 1:36 AM UTC

 

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