Great Investment Property - 6 units. All units are occupied with great tenants. Gross Scheduled Income is $111,708! This property sits at a 4.7% CAP Rate with current rents. The property is a mix a five 1 bedroom 1 bath units (600 sq ft) with washer hook up inside. Then one, 2 bedroom 1.5 bath unit about 975 sq ft. There are 6 assigned parking spaces, one for each unit. In addition, 3 garage spaces. 6 individual electric and gas meters, owner pays for water and trash service. Dual pane windows and majority of high cost upgrades were completed within the last 6-8 years making this a low cost maintenance building! Convenient location in the heart of Santa Ana! Easy access to freeways, Santa Ana downtown, plenty of nearby shopping, entertainment, and restaurants.
Courtesy of Real Estate Establishment Inc., Matthew Drenner.