1418 N Durant Street, Santa Ana, CA 92706

$1,195,000
List Price
$1,195,000
Status
ACTIVE UNDER CONTRACT
MLS#
PW21201900
Year Built
1958
Lot Size
8,712
Acres
0.2
Days on Market
10
Property Type
Multifamily
Property Sub Type
Quadruplex
Neighborhood
Other (Othr)

Property Description

Unique opportunity to purchase a 4 unit investment property. All four units have been vacated and remodeled with the exterior buildings repainted and new landscaping. The property includes a main house which has been converted into 2 units and a separate duplex on the back of the property. The house, built in 1905, has a 2 bedroom, 1 bathroom and a 1 bedroom, 1 bathroom. The duplex in the back of the property features two - 2 bedroom, 1 bathroom units each measuring 971 square feet and a single car garage per unit. The property falls in the City of Santa Ana’s Opportunity Zone which “is an area designated under the Tax Cuts and Jobs Act of 2017, where new investments, under certain conditions, may be eligible for preferential tax treatment.” Visit the City of Santa Ana for more information.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Number Of Units Total
4
Gross Scheduled Income
$80,400
Operating Expense
22951

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Tom Williams from Windsor Inv., 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.