402 - 404 E. Central Avenue, Santa Ana, CA 92707

$735,900
1,686
SqFt
List Price
$735,900
Price Change
▼ $2,100 1603861211
Status
ACTIVE
MLS#
PW20195446
Year Built
1922
Living Sq. Ft
1,686
Lot Size
11,326
Acres
0.26
Lot Location
Lot 10000-19999 Sqft
Days on Market
41
Property Type
Multifamily
Style
Bungalow
Stories
One Level
Builders Tract Code
OTHER
Neighborhood
Other (Othr)

Property Description

INVESTMENT OPPORTUNITY WITH LONG TERM TENANTS IN PLACE! TWO SEPARATE UNITS ON A GENEROUS 11,326 SF LOT. 402 E. CENTRAL SITUATED IN FRONT IS A 2BR, 1BA SINGLE STORY UNIT WITH A (2) CAR DETACHED GARAGE. IT FEATURES A PRIVATE FENCED YARD WITH A RELAXING FRONT PORCH. 404 E. CENTRAL SITS IN THE BACK IS ALSO A 2BR, 1BA SINGLE STORY UNIT WITH NEW ROOF. THIS UNIT FEATURES SIDE STORAGE SHED. EACH UNIT HAS ITS OWN GAS & ELECTRIC METER BUT SHARE A SINGLE WATER METER. THE TWO UNITS SHARE A DRIVEWAY WITH PLENTY OF PARKING SPACES. LONG TERM TENANTS IN BOTH UNITS WHO ARE MAKING RENT PAYMENT VIA DIRECT DEPOSIT TO OWNER’S BANK ACCOUNT, AND ALWAYS ON TIME. NICE CENTRAL LOCATION. JAMES MONROE ELEMENTARY SCHOOL IS JUST ACROSS THE STREET. SHORT WALK TO DELHI PARK, CHURCH. CLOSE PROXIMITY TO SHOPPING AND OTHER AMENITIES. PLEASE DO NOT APPROACH OR DISTURB TENANTS.

Additional Information

Tract Number
39
Lot Description
Urban
Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$40,800
Operating Expense
1536
Unit One Total Units
1
Unit One Beds
2
Unit One Baths
1
Unit One Garage Spaces
2.00
Unit One Actual Rent
1700.00
Unit One Total Rent
1700.00
Unit One Pro Forma
1850
Unit One Furnished
Unfurnished
Unit Two Total Units
1
Unit Two Beds
2
Unit Two Baths
1
Unit Two Actual Rent
1700.00
Unit Two Total Rent
1700.00
Unit Two Pro Forma
1850
Unit Two Furnished
Unfurnished

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Tam Pham from Professional R.E. Center, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.