NOT LISTED FOR SALE

Estimated Value: $1,878,000

4 Beds
2 Baths
935 Sq Ft
$2,009/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $1,525,000 $1,631 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $12,340/month

161 Days on Market

Highlights

  • Gated Parking
  • Fireplace in Bathroom
  • Neighborhood Views
  • 0.88 Acre Lot
  • Wood Flooring
  • Home Office

About This Home

As of December 2020

**Motivated Seller** We are looking at all offers*** This is a one of a kind property located in the heart of Santa Ana with tons of potential and definitely an investment opportunity! Unique investment opportunity because these kind of properties and opportunities don't always come up in Santa Ana. Close proximity to Downtown Santa Ana. The possibilities for this land are endless! Main home is a 3/1 with an office space . It has an outside enclosed area perfect for entertainment and a basement for additional storage. In the back there is a small cabin type shed perfect for storage or possibly an art room. Property has a long driveway that leads to a two car garage with an additional room in the back ideal for a gym or workshop. Please review the photos or satellite view to see that this property extends from Civic Center to 9th street. A developer/investor could possibly build single family homes with enough parking (buyer to investigate with city). Property also has a duplex that is well maintained, each with 2 bedrooms and 1 bath. Each tenant has their own personal parking and set up with washer and dryer hookups. There is also personal space for each tenant Please refer to pictures and virtual tour. Please check with the city of Santa Ana with regards to building or planning.

Last Listed By

Octavio Garcia

Keller Williams Realty License #02070740 Listed on: 05/15/2020

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.88 Acre Lot
  • No Common Walls
  • Brick Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway Level
  • Gated Parking
  • Parking Lot

Interior Spaces

  • 935 Sq Ft Home
  • Electric Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Bonus Room with Fireplace
  • Neighborhood Views
  • Fireplace in Kitchen
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • Cooling System Powered By Gas
  • Phone Available

Additional Features

  • More Than Two Accessible Exits
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 414
  • Assessor Parcel Number 40513133

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • New Taxes Expense $10,000
  • Operating Expense $7,200
  • Gross Income $24,000
  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Artesia Pilar
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 40513133
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Pantry
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits
  • Fireplace Features: Bath, Bonus Room, Dining Room, Kitchen, Living Room, Outside, Patio, Electric, Gas
  • Levels: One
  • Price Per Square Foot: 1631.02
  • Room Type: Basement, Bonus Room, Office

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Brick, Chain Link
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway Level, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener, Gated, On Site, Parking Space, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Water Available, Water Connected
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 38382.00
  • Lot Size Acres: 0.8811

Multi Family

  • Gross Income: 24000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 38382.0000 Square Feet
  • Net Operating Income: 16800.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7200.00
  • Rent Control: Yes
  • Total Expenses: 7200.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Lot: 1
  • Tax Tract Number: 414

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $1,525,000 -17.6% $1,631 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $1,850,000 +21.3% $1,979 / Sq Ft
10/01/2020 10/01/20 Off Market $1,525,000 -- --
09/21/2020 09/21/20 Price Changed $1,820,000 -13.3% $1,947 / Sq Ft
09/08/2020 09/08/20 Price Changed $2,100,000 -7.9% $2,246 / Sq Ft
08/24/2020 08/24/20 Price Changed $2,280,000 -0.9% $2,439 / Sq Ft
07/27/2020 07/27/20 Price Changed $2,300,000 -6.1% $2,460 / Sq Ft
07/08/2020 07/08/20 Price Changed $2,450,000 -12.5% $2,620 / Sq Ft
06/10/2020 06/10/20 Price Changed $2,800,000 -6.7% $2,995 / Sq Ft
05/15/2020 05/15/20 For Sale $3,000,000 -- $3,209 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG20092414

California Regional Multiple Listing Service (CRMLS)

APN: 405-131-33