401 Birch Street, Santa Ana, CA 92701

$1,799,000
List Price
$1,799,000
Price Change
▼ $36,000 1673406077
MLS#
PW22134184
Status
ACTIVE
Type
Multifamily

Property Description

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.

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Courtesy of Real Estate Establishment Inc., Matthew Drenner.