$1,000,000
$999,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 05/16/2024
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Shadow Run (Shrn)
MLS Listing ID OC24069880
Sold Date 05/16/24
Construction Status Updated/Remodeled,Termite Clearance,Turnkey
HOA Y/N No
Year Built 1963
Lot Size 7,405 Sqft
Property Description
Ideal Duplex investment opportunity with 5% Cap rate, no need to worry about under market rents since you get to pick your own tenants, or purchase as a shared home with private units for extended family. Superbly located on a tree lined street in the Shadow Run area of Santa Ana boasting a large flat usable lot, within walking distance of shopping, dining, local parks, and schools, the well maintained freshly painted exterior and green grassy front lawn welcome you to this property. Pass through the gated entrance down the pathway lined with colorful landscaping where you will find units A & B on your left, each unit has separate gas and electric meters, and the property has 1 water meter. Both units are move in ready with desirable single level floor plans and have freshly painted neutral interiors with easy care tile floors, spacious light filled living areas, dual pane windows, and sparkling updated kitchens with timeless white shaker cabinetry, granite countertops, updated faucets and hardware, new stainless steel gas stoves, sunny breakfast nooks, prized breakfast bars, and direct access to the backyard and patio. Unit A has 2 bedrooms with mirrored closet doors and updated ceiling fans and a full bath. Unit B boasts a primary bedroom suite with en-suite bath which has been beautifully updated with a Quartz topped vanity, new faucet, new hardware, new lighting and a step-in shower. Unit B also includes 2 guest bedrooms and an updated full guest bath with new Quartz topped vanity, new sink faucet, and new lighting. There is an onsite shared laundry room with full size appliance hookups and a highly desirable 2 car garage with storage cabinets. Blessed with a huge shared space backyard with large patio, manicured landscaping, wrap around grassy lawn, fragrant fruit bearing trees, and mature landscaping. Within walking distance of multiple schools, shopping, dining, and close to Centennial Park with picturesque lakes and walking paths, picnic areas, playground, sports fields and courts, and skate park.
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Interior Features Ceiling Fan(s), Granite Counters, Open Floorplan, Quartz Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
Heating Central, Forced Air
Cooling None
Flooring Carpet, Tile
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Gas Oven
Laundry Common Area, Washer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Garage Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Wrought Iron
Pool None
Community Features Curbs, Sidewalks, Park
View Y/N Yes
View Trees/Woods
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Landscaped, Level, Near Park, Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Construction Status Updated/Remodeled,Termite Clearance,Turnkey
Others
Senior Community No
Tax ID 40827103
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing FHA
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 Leland Pfannenstiel • Regency Real Estate Brokers
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA