$879,000
421 S Broadway Santa Ana, CA 92701
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$879,000
Est. payment /mo
3 Beds
3 Baths
6,098 Sqft Lot
UPDATED:
08/30/2024 11:31 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24156818
Bedrooms 3
HOA Y/N No
Lot Size 6,098 Sqft
Property Description
This turnkey duplex has seasoned tenants who have been there for a long time. The front unit is 1 bed 1 bath, and the rear unit is 2 beds 2 baths. All 3 bathrooms were renovated last year. The rear tenant is a licensed general contractor so he can take care of any maintenance items quick and easy. For the seller, ownership has been virtually hassle free. The detached 2 car garage has electrical, water, and sewer lines - good for ADU conversion. Lots of upside in proforma rent as well as possible ADU play for seasoned investors. 4 parking spots on site, minutes to shopping, freeways, and schools, including Santa Ana College, Main Place Mall, The Block at Orange, and CHOC Hospital. Recent appraisal supports asking price.
This turnkey duplex has seasoned tenants who have been there for a long time. The front unit is 1 bed 1 bath, and the rear unit is 2 beds 2 baths. All 3 bathrooms were renovated last year. The rear tenant is a licensed general contractor so he can take care of any maintenance items quick and easy. For the seller, ownership has been virtually hassle free. The detached 2 car garage has electrical, water, and sewer lines - good for ADU conversion. Lots of upside in proforma rent as well as possible ADU play for seasoned investors. 4 parking spots on site, minutes to shopping, freeways, and schools, including Santa Ana College, Main Place Mall, The Block at Orange, and CHOC Hospital. Recent appraisal supports asking price.
This turnkey duplex has seasoned tenants who have been there for a long time. The front unit is 1 bed 1 bath, and the rear unit is 2 beds 2 baths. All 3 bathrooms were renovated last year. The rear tenant is a licensed general contractor so he can take care of any maintenance items quick and easy. For the seller, ownership has been virtually hassle free. The detached 2 car garage has electrical, water, and sewer lines - good for ADU conversion. Lots of upside in proforma rent as well as possible ADU play for seasoned investors. 4 parking spots on site, minutes to shopping, freeways, and schools, including Santa Ana College, Main Place Mall, The Block at Orange, and CHOC Hospital. Recent appraisal supports asking price.
Location
State CA
County Orange
Area Oc - Santa Ana (92701)
Zoning Assessor
Building
Story 1
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Level or Stories 1 Story
Others
Monthly Total Fees $43
Acceptable Financing Cash, Conventional, Land Contract
Space Rent $2,700
Listing Terms Cash, Conventional, Land Contract
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Listed by Tri Doan • Morningstar Rlty & Associates
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878