Santa Ana, CA 92707,3801 S Ross St
Santa Ana, CA 92707,3801 S Ross St
Santa Ana, CA 92707,3801 S Ross St
Santa Ana, CA 92707,3801 S Ross St
Santa Ana, CA 92707,3801 S Ross St
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$1,750,000

$1,750,000

Est.Price: ?

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Est. payment /mo

8 Beds

7 Baths

4,001 SqFt


SOLD DATE : 01/25/2024

Key Details

Sold Price $1,750,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,001 sqft

Price per Sqft $437

MLS Listing ID 23-323535

Sold Date 01/25/24

Bedrooms 8

Year Built 1969

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Multi-Family

Property Description

Seller is highly motivated to complete this transaction by mid or end of January! 3801 S. Ross St is a highly sought after Covington Style 4-unit multifamily investment property located in Santa Ana, CA. Built in 1969, this property consists of (1) 3- bedroom 2- bath, (2) 2-bedroom 2-bath units, and (1) 1-bedroom 1-bath units with each unit having their own single car garage. The property exudes pride of ownership from the exterior/interiors. The current owner has been very consistent with rental increases in which the property boasts a strong return. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water, electricity, gas, and trash. This property is being sold alongside two other properties at 417- 421 Stevens Ave. Properties can be sold as a portfolio or individually, but the owner prefers to sell all properties simultaneously to use all proceeds for a 1031 exchange. The property is ideally located minutes from South Coast Plaza, Metro Pointe, The Camp, The Lab, Segerstrom Center, John Wayne Airport, Orange County Museum of Art, Santa Ana College, Mater Dei High School. The property is ideally located near the 405, 55 and 5 FWY for an easy commute.

Location

State CA

County Orange

Area Santa Ana South Of First

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Garage Spaces 7.0

Pool None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Matthews Real Estate Investment Services
Bought with Grand Avenue Realty & Lending

GET MORE INFORMATION

Name

Phone*

Message

Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com