Santa Ana, CA 92701,1102 French ST
Santa Ana, CA 92701,1102 French ST
Santa Ana, CA 92701,1102 French ST
Santa Ana, CA 92701,1102 French ST
Santa Ana, CA 92701,1102 French ST
Santa Ana, CA 92701,1102 French ST
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$1,630,000

$1,698,000

4.0%
Est.Price: ?

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Est. payment /mo

8,276 Sqft Lot


SOLD DATE : 05/21/2024

Key Details

Sold Price $1,630,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision ,French Park

MLS Listing ID OC24061346

Sold Date 05/21/24

HOA Y/N No

Year Built 1917

Lot Size 8,276 Sqft

Property Description

A great Turn-Key Investment Opportunity with a HIGH RENTAL INCOME. Current income: $11,400 per month and Performa of $12,900. Good unit mix. ALL UNITS FULLY REMODELED. Remodeling included ALL new Kitchens, ALL new Bathrooms, ALL New flooring and Paint, Partial New Plumbing and Electrical. The front main unit also come with its own laundry room inside the unit a basement and a private back yard. Separate Electric meter in 3 of the units. Excellent cash flow and a High CAP Rate of 6.3% and 12.4 GRM. Units sizes are: 1. 2 Bed/ 2bath + Den 2. 3 bed/2 bath 3. 1 bed/ 1 bath 4. 2bed / 1 bath. Uncovered Parking spaces on the property. Three of the units are rented Fully FURNISHED. All Brand-New Appliances and Furniture convey with the sale. This is a rare opportunity and by far the best deal in town. The property is located on a quiet street, well established, clean and safe north of downtown Santa Ana in the desired French Park neighborhood. Only one block from OCSHA and few blocks north of Downtown. The next door property at 1104 French St. is also available for sale together or separately.

Location

State CA

County Orange

Area 70 - Santa Ana North Of First

Interior

Interior Features Furnished, Quartz Counters

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type Living Room

Fireplace Yes

Laundry Common Area, Inside, Laundry Room

Exterior

Garage Driveway

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 6

Private Pool No

Building

Lot Description Front Yard, Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 39802719

Energy Description 720.0

Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Submit

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Doron Refael • Doron Refael, Broker • 714-253-2883
Bought with Albert Hanna • Alt Financial Network Inc
agent-avatar

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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