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Listed by Albert Ricci • Ricci Realty
$ 1,495,000
Est. payment /mo
Active
Santa Ana, CA 92701
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-25101546
Year Built 1929
Tax Year 2025
Property Sub-Type Multi Family
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Located in Santa Ana's French Park, we have a 6-unit apartment complex, all 2-bedroom, 1-bath units separated between 2 buildings on this corner lot. Two of the units sit above two 1-car garages, with dedicated surface parking for the other four units. Both buildings are 2-story Mediterranean-style with wood-frame windows, washer/dryer hookup in each unit, exterior balconies, and good curb appeal. This is a great value-add opportunity with favorable floor plans. May qualify for the Mills Act property tax act. Call city for details.
Potential rents $ 2,295 x6= $137, 700 Actual rents are $90,024
Potential rents $ 2,295 x6= $137, 700 Actual rents are $90,024
Location
State CA
County Orange
Area 70 - Santa Ana North Of First
Interior
Laundry Common Area, In Kitchen, Individual Room, Outside, Stackable
Exterior
Utilities Available Sewer Connected, Electricity Connected
Building
Lot Description Lot 6500-9999, Rectangular Lot, 0-1 Unit/Acre