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    421 S Broadway

    Santa Ana, CA 92701
    • $640,000
    • STATUS: Active
    • ON SITE: 159 days
    • ID#: PW20229251
    UPDATED: 8 min ago
    $640,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,668
      SQFT
    • $384
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1919
    County:

    School Ratings & Info

    Description

    Three Units located in Santa Ana+GGs historic Henninger Park district. Within walking distance to nearby schools, shopping, and the bustling retail district and restaurants of Downtown Santa Ana. Title shows two units but there are in fact three units, each with its own bedroom and full bathroom. The front unit has a traditional brick fireplace and built-in cabinetry as well as direct access and use of the front yard and wrap-around porch. The center and back units are newly upgraded with flooring and newer paint. A detached 2-car garage as well as a large basement offer lots of storage space. Large lot provides ample room for 5 parking spaces and there is plenty of street parking as well. Amazing tenants have always paid on time and keep the property well-maintained. Tenants are very kind and will cooperate with new owner. Current rents are under market and with a bit of renovation, there is great upside in cash flow with this property. Hurry, as there are so very few of these multi-unit homes in this price range on the market today.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-13T11:25:33.267. 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 or Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/111618017
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    421 S Broadway Santa Ana, CA 92701

    • Price: $640,000
    • Status: Active
    • Updated: 8 min ago
    • ID#: PW20229251
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,668
    SQFT
    $384
    $/SQFT
    1919
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    69 - Santa Ana South of First
    Property Description
    Three Units located in Santa Ana+GGs historic Henninger Park district. Within walking distance to nearby schools, shopping, and the bustling retail district and restaurants of Downtown Santa Ana. Title shows two units but there are in fact three units, each with its own bedroom and full bathroom. The front unit has a traditional brick fireplace and built-in cabinetry as well as direct access and use of the front yard and wrap-around porch. The center and back units are newly upgraded with flooring and newer paint. A detached 2-car garage as well as a large basement offer lots of storage space. Large lot provides ample room for 5 parking spaces and there is plenty of street parking as well. Amazing tenants have always paid on time and keep the property well-maintained. Tenants are very kind and will cooperate with new owner. Current rents are under market and with a bit of renovation, there is great upside in cash flow with this property. Hurry, as there are so very few of these multi-unit homes in this price range on the market today.
    Exterior Features

    Architectural Style BungalowCraftsman Construction Materials BlockBrickShake SidingStuccoWood Siding Direction Faces West Fence YN Yes Fencing PartialWood Foundation Details Concrete PerimeterPillar/Post/Pier Garage Spaces 2.00 Lot Features 2-5 Units/AcreFront YardGardenLevel With StreetLot 6500-9999Rectangular LotNear Public TransitTreed LotUtilities - OverheadWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedGarageGarage Faces SideGarage - Single DoorPrivateShared DrivewayStreet Parking Total 7.00 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Maintained Roof Composition Spa Features None Spa YN No Uncovered Spaces 5.00 View Neighborhood View YN Yes

    Interior Features

    Appliances Free-Standing RangeGas Water HeaterWater Heater Central Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 100 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Flooring LaminateTile Heating Wall Furnace Heating YN Yes Interior Features Brick WallsBuilt-In FeaturesCopper Plumbing Partial Laundry Features Gas & Electric Dryer HookupGas Dryer HookupIn GarageWasher Hookup Levels One Room Type BasementFamily RoomKitchen Window Features DrapesWood Frames

    Property Features

    Accessibility Features 2+ Access ExitsParking Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalksStorm DrainsStreet LightsUrban Country Us Electric Electricity - On PropertyStandard Electric Expense 3600.00 Elevation Units Feet Fuel Expense 0.00 Garage Income 50.00 Gardener Expense 720.00 Gross Income 3310.00 Gross Scheduled Income 39720.00 Improvements Amount 9000 Insurance Expense 900.00 Land Lease YN No Laundry YN Yes Net Operating Income 24740.00 New Construction YN No New Taxes Expense 7200.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 3 Number Wall AC 3 Number With Patio 1 Number With Range 3 Number With Refrigerator 3 Operating Expense 13980.00 Pest Control Expense 360.00 Property Condition Additions/AlterationsRepairs Cosmetic Rent Control YN No Security Features Carbon Monoxide Detector(S)Fire And Smoke Detection SystemSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Henninger Park Tenant Pays ElectricityGas Total Actual Rent 3310.00 Total Expenses 13980.00 Trash Expense 600.00 Water Sewer Expense 600.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Ann Mai of Redtree Realty Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-13T11:25:33.267. 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 or Realty Masters & Associates. Licensed in the State of California, USA.
     
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