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421 S Broadway

Santa Ana, CA 92701
  • $879,000
  • STATUS: Active
  • ON SITE: 93 Days
  • ID#: PW24156818
UPDATED: 20 min ago
$879,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1919
County:

School Ratings & Info

Listing Agent(s): Tri Doan of Morningstar Rlty & Associates (949-253-4123)


Description

This turnkey duplex has seasoned tenants who have been there for a long time. The front unit is 1 bed 1 bath, and the rear unit is 2 beds 2 baths. All 3 bathrooms were renovated last year. The rear tenant is a licensed general contractor so he can take care of any maintenance items quick and easy. For the seller, ownership has been virtually hassle free. The detached 2 car garage has electrical, water, and sewer lines - good for ADU conversion. Lots of upside in proforma rent as well as possible ADU play for seasoned investors. 4 parking spots on site, minutes to shopping, freeways, and schools, including Santa Ana College, Main Place Mall, The Block at Orange, and CHOC Hospital. Recent appraisal supports asking price.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-01T18:36:32.15. 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 CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/153111345
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421 S Broadway Santa Ana, CA 92701

  • Price: $879,000
  • Status: Active
  • On Site: 93 Days
  • Updated: 20 min ago
  • ID#: PW24156818
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1919
Built
Neighborhood:
,Other
County:
Orange
Area:
69 - Santa Ana South of First
Property Description
This turnkey duplex has seasoned tenants who have been there for a long time. The front unit is 1 bed 1 bath, and the rear unit is 2 beds 2 baths. All 3 bathrooms were renovated last year. The rear tenant is a licensed general contractor so he can take care of any maintenance items quick and easy. For the seller, ownership has been virtually hassle free. The detached 2 car garage has electrical, water, and sewer lines - good for ADU conversion. Lots of upside in proforma rent as well as possible ADU play for seasoned investors. 4 parking spots on site, minutes to shopping, freeways, and schools, including Santa Ana College, Main Place Mall, The Block at Orange, and CHOC Hospital. Recent appraisal supports asking price.
Exterior Features

Entry Level 1 Entry Location Front & Rear Lot Features Rectangular Lot Number Of Separate Electric Meters 1 Parking Features Driveway Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Urban Electric Expense 2400 Fuel Expense 900 Garage YN Yes Gross Income 51600 Gross Scheduled Income 51600 Insurance Expense 1500 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupIn Garage Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventionalContractFannie Mae Net Operating Income 45000 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 6600 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Trash Expense 900 Water Sewer Expense 900 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-01T18:36:32.15. 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 CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Tri Doan of Morningstar Rlty & Associates (949-253-4123)