7 Beds
4 Baths
3,263 SqFt
7 Beds
4 Baths
3,263 SqFt
OPEN HOUSE
Sat Jun 21, 1:00pm - 4:00pm
Sun Jun 22, 1:00pm - 4:00pm
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,263 sqft
Price per Sqft $487
MLS Listing ID PW25115762
Style Detached
Bedrooms 7
Full Baths 4
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1986
Lot Size 9,580 Sqft
Acres 0.2199
Property Sub-Type Detached
Property Description
Ideal for Multi-Generational Living Comfort, Privacy & Convenience in One Property . Welcome to a rare opportunity in a SAFE neighborhood. This perfectly designed property offers multiple private living spaces and for every generation ** Live in one house and rent the other TWO residences. Rent will pay for your mortgage. Total 3 completely separate, detached residences** Current INCOME $106,500 annually, reliable tenants *Increase it by $40,000 annually with ADU *Even with only a 3% rent increase, your rent is above market average with all the upgrades. Also located in highly desired, safe, high dense rental area / Each house features its own entrance, kitchen, full baths. Located in a family-friendly, quiet neighborhood, minutes from schools, parks, shopping and transit. Key Features: Separate entrances for max privacy / BIG LOT for kids play area ** SEPARATELY metered for gas, electric and water, mailing address:1001-1003 *BUILD an ADU and an addition for the front house, you will end up with FOUR spacious, private residences ** STOP bt my OPEN HOUSE - Seller has APPROVED PLANS from the city & Building PERMIT. Will be TRANSFERRED at NO additional cost (see supplements). Reach Upto 8% CAP rate: One ADU unit (2 beds, 1 full bath) & build an addition (1 bed/1 bath & kitchen) to the FRONT HOUSE ** In 2022 MAJOR REMODEL done. BIG house at the back is split on the inside to 2 large residences: Unit A feels like Single Family (no common walls), 2 story, upstairs - downstairs with total 5 rooms, 3 spacious bedrs, 2 full bath & loft w/2 open rooms, turn them to 2 rooms , 3 car garage * One bed, full bath is DOWNSTAIRS. Unit B is upstairs 3 rooms, 2 spacious bedrs and family room, full bath & kitchen. Front house is a SINGLE STORY - 2 bedrs, one FULL bath & kitchen, spacious family room, 2 garage. Built 1936. Over $200,000 in Upgrades, new double-pane windows, floors & completely new kitchen cabinets w/granite counters. NEW bath vanities & tubs. HUGE lot for extra parking, upto 9 cars (can be extra income) Gate for privacy. Over $27,000 in design & city fees paid & included in the purchase price. The City of Santa Ana is a historic city w/ vibrant downtown located in OC *CENTRALLY located, close to MAJOR fwy 22,5,57. Discovery science, Outlet mall. MUST SEE to appreciate the flow & floor plan. Furniture & landscape virtual staged. Pls DO NOT go direct & disturb tenants. Offers subject to interior inspection. Pls request PROPERTY VIDEO & rental cash flow.
Location
State CA
County Orange
Area Oc - Santa Ana (92703)
Zoning R2
Interior
Interior Features 2 Staircases, Pantry
Flooring Laminate, Linoleum/Vinyl, Tile
Equipment Microwave, Electric Oven, Electric Range, Gas & Electric Range, Gas Oven, Gas Range
Appliance Microwave, Electric Oven, Electric Range, Gas & Electric Range, Gas Oven, Gas Range
Laundry Laundry Room
Exterior
Parking Features Garage, Garage - Single Door, Garage - Two Door
Garage Spaces 5.0
Fence Good Condition, Privacy
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Shingle
Total Parking Spaces 14
Building
Lot Description Curbs, Sidewalks, Landscaped
Story 2
Lot Size Range 7500-10889 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Construction Status Updated/Remodeled
Others
Monthly Total Fees $79
Acceptable Financing Cash, Conventional, Exchange, Cash To New Loan
Listing Terms Cash, Conventional, Exchange, Cash To New Loan
Special Listing Condition Standard
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Agent | License ID: 02118739