
Description
Best Deal for Investor. NO RENT CONTROL ! Located in a High Demand Area of Rental Apartments in the City Of Santa Ana. Total 6 Units Are ALL 2 Bedrooms, 1 Bathroom in Each Unit (Approx. 750 Sq.ft. Per Unit). Inside 4,501 Sq. ft. with Lot Size 8,166 Sq. ft. No Vacancy. 100% Occupancy. Long Term Tenants. Low Maintenance. Monthly Gross Income $ 8,900, Annual Gross Rental Income $106,800. Annual Expenses: $24,436. Annual Net Income : $82,364. Current Cap Rate: 4.9%. Monthly Rent for Each Unit Approx. $1,600 / $1,450/ $1,300. Pro Forma Monthly Rent Approx. $1,700. Total 6 Car Garage Spaces in the Back Yard. Easy Access to Freeways 5, 22 and 57. Close to Schools . Great Property for Investors !
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0BEDS
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0.19ACRES
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0BATHS
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01/2 BATHS
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4,501SQFT
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$365$/SQFT
School Ratings & Info
Description
Best Deal for Investor. NO RENT CONTROL ! Located in a High Demand Area of Rental Apartments in the City Of Santa Ana. Total 6 Units Are ALL 2 Bedrooms, 1 Bathroom in Each Unit (Approx. 750 Sq.ft. Per Unit). Inside 4,501 Sq. ft. with Lot Size 8,166 Sq. ft. No Vacancy. 100% Occupancy. Long Term Tenants. Low Maintenance. Monthly Gross Income $ 8,900, Annual Gross Rental Income $106,800. Annual Expenses: $24,436. Annual Net Income : $82,364. Current Cap Rate: 4.9%. Monthly Rent for Each Unit Approx. $1,600 / $1,450/ $1,300. Pro Forma Monthly Rent Approx. $1,700. Total 6 Car Garage Spaces in the Back Yard. Easy Access to Freeways 5, 22 and 57. Close to Schools . Great Property for Investors !
Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-15T14:35:27.65. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.