$850,000
$950,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,250 SqFt
SOLD DATE : 09/23/2022
Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $377
MLS Listing ID 22-190571
Sold Date 09/23/22
Bedrooms 4
Year Built 1953
Lot Size 0.257 Acres
Acres 0.2569
Property Sub-Type Multi-Family
Property Description
1526-28 E 4th St./327-329 Eastside Ave is a 4-unit multifamily investment property located in Santa Ana, CA. Built in 1953, the property offers 4 one-bedroom, one-bath units, in addition to tremendous rental upside potential with an interior renovation plan. The property is situated on a large lot of +/-11,102 SF and is zoned P (Professional), allowing a developer the option to build an office building, banks, finance companies ect., or add 5+ units, which increases the potential of multiple ADU additions, should the buyer want more rental income and additional tax benefits with the property being situated in an opportunity zone. There is potential to further enhance yield with the implementation of a RUBS program for water, sewer, and trash. The property is located minutes from Downtown Santa Ana, the Santa Ana Metrolink, 4th St Market, the OC Streetcar rail, Santa Ana Zoo, Main Place Mall, and the Santa Ana DMV. The property is ideally located near the 5 & 55 FWY for an easy commute.
Location
State CA
County Orange
Area Santa Ana North Of First
Rooms
Other Rooms None
Interior
Heating None
Cooling None
Equipment None
Laundry In Unit
Exterior
Parking Features Garage Is Attached, Public
Garage Spaces 4.0
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Matthews Real Estate Investment Services
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