1102 French, Santa Ana, CA 92701

$1,699,000

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List Price
$1,699,000
Status
COMING SOON
MLS#
NP26188531
Year Built
1917
Lot Size
8,276
Acres
0.19
Lot Location
Front Yard, Level
Days on Market
11
Property Type
Multifamily
Property Sub Type
Quadruplex
Neighborhood
French Villas (Frvl)

Property Description

Turn-key investment opportunity in Santa Ana’s desirable French Park neighborhood! This 4-unit property, including a fully permitted ADU, currently generates approximately $11,400/month, with a pro forma of approximately $12,900/month. All units have been extensively remodeled with updated kitchens, bathrooms, flooring, paint, and partial plumbing and electrical upgrades. Unit mix includes a 2 bed/2 bath + den, 3 bed/2 bath, 1 bed/1 bath, and 2 bed/1 bath. The front unit also features in-unit laundry, a basement, and private backyard. Three units have separate electric meters, and three are rented fully furnished. New appliances and furnishings are included with the sale. Seller has obtained permits for an additional ADU to be built.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$143,448
Operating Expense
13240

Listing courtesy of Listing Agent: Patrick Hanna (Patrick@Altfn.com) from Listing Office: Alt Financial Network Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.