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$1,160,000 For Sale

1521 W Santa Ana Boulevard
Santa Ana, CA 92703

5 units | Multi Family Home
6970 sq ft - MLS# OC18114082
Property Photo
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Description

1521 West Santa Ana Boulevard is a 5-unit multifamily investment property located in Santa Ana, one of the premiere housing markets nationwide. Built in 1942, 1521 West Santa Ana Boulevard offers investors the opportunity to capitalize on strong market trends that should increase rental income by approximately 18 percent. Situated on a 0.16-acre lot, the 3,274 square foot property consists of one- and two-bedroom floor plans.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92703
  • Year Built: 1942
  • Stories: Two
  • Units: 5 units
  • Lot Size: 6970 sq ft
  • Area: 699 - Not Defined
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3274.00
  • Building Area Units: Square Feet
  • Community Features: Sidewalks
  • Country: US
  • Directions: Major Cross Streets: W Civic Center / N Bristol St
  • Electric Expense: 772.00
  • Fuel Expense: 772.00
  • Gross Income: 71316.00
  • Gross Operating Income: 69177.00
  • Gross Scheduled Income: 71316.00
  • Insurance Expense: 1785.00
  • Listing Agent License: 01451551
  • Listing Office License: 00530854
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • MLS: CRM
  • Maintenance Expense: 2500.00
  • Net Operating Income: 45000.00
  • New Taxes Expense: 13913.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Leased: 5
  • Operating Expense: 24176.00
  • Other Expense: 2890.00
  • Other Expense Description: Other
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 5943.00
  • Total Expenses: 24176.00
  • Trash Expense: 772.00
  • Water Sewer Expense: 772.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Marcus & Millichap Re Invest, Tyler Leeson

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Marco Hernandez
CalBRE License #: 01242579
Realty One Group
2300 E. Katella Ave Suite #100
Anaheim, CA 92806
714-381-6422
Email Me

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Marco Hernandez | Realty One Group | 714-381-6422 | Email Me
2300 E. Katella Ave Suite #100 | Anaheim, CA 92806
Copyright © 2016. Marco Hernandez, All Rights Reserved

   

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