$1,889,000
$1,889,000
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6 Beds
3 Baths
2,375 SqFt
SOLD DATE : 04/04/2024
Key Details
Sold Price $1,889,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,375 sqft
Price per Sqft $795
MLS Listing ID OC24004561
Sold Date 04/04/24
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1975
Lot Size 0.330 Acres
Property Description
A GREAT OPPORTUNITY FOR A DESIRABLE INVESTMENT PROPERTY IN A HIGH-GROWTH AREA OF SANTA ANA! This property features two houses on a 14,375 sq. ft. lot zoned C1/RES. This designation allows for a mix of commercial and residential use, offering the potential for diverse income streams, including retail, office, restaurants, and professional services. A recent extensive renovation allows for substantial rental income. According to Redfin, housing costs in Santa Ana are 69% higher than the national average, and Orange County rents experienced a 16% increase this year compared to last year. House #1 offers a 4 bed/2 bath, 1,325 sq .ft. House #2, a 2 bed/1 bath, 950 sq. ft. The zoning designation gives the potential to pursue a sought-after ADU or additional 3rd unit property (subject to city planning/approval). Located near the corner of Harbor and Hazard and conveniently close to markets, restaurants, Willowick Golf Course, and Santiago High School. This area is ripe for development, and the desirable C1/RES zoning designation makes this an attractive opportunity for investors.
Location
State CA
County Orange
Area 699 - Not Defined
Zoning C1/RES
Rooms
Main Level Bedrooms 6
Interior
Interior Features Ceiling Fan(s), Granite Counters, All Bedrooms Down
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Microwave, Refrigerator, Dryer
Laundry Electric Dryer Hookup
Exterior
Garage Spaces 3.0
Garage Description 3.0
Fence Stucco Wall
Pool None
Community Features Biking, Curbs, Street Lights, Sidewalks
View Y/N Yes
View City Lights, Neighborhood
Attached Garage Yes
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Garden Grove Unified
Others
Senior Community No
Tax ID 19810102
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Natalie Duthoy • Harcourts Prime Properties
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA