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1102 French Street
Santa Ana, CA 92701
Residential Multi Family (Other)
0.19 Acres
3462 Sqft Living Area
7 Bedrooms
6 Bathrooms (5 Full, 1 Half)
Year Built: 1917
$1,799,000
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Property Description
A great Turn-Key Investment Opportunity with a HIGH Rental Income. Income is $11,850 per month. Good unit mix. ALL UNITS FULLY REMODELED. All leases are at market rent. 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. Units include a wall mounted A/C. Separate Electric meter in 3 of the units. Excellent cash flow and a High CAP Rate of 6% and GRM of 12.65. Units ranging from 1 Bedroom/ 1 Bath to 2 Bedrooms + a den/ 2 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. The French Park neighborhood is very desirable and is one block from OCSHA By Washington and Main. Please do not disturb the tenants if driving by.
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Contact Details
Name: Doron Refael
Email: doron.refael@att.net
MLS Listing Id: OC23109121
Agent Phone: (714) 253-2883
List Agent License: 01816415
Office Name: Doron Refael, Broker
Office Phone: (714) 253-2883
Office MLS Id: OC05439
Listing Status: Active
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Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
