826 S Orange Avenue, Santa Ana, CA 92701

$929,000

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List Price
$929,000
Status
ACTIVE
MLS#
V1-37588
Year Built
1921
Lot Size
8,581
Acres
0.20
Lot Location
Sprinklers None
Days on Market
13
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
Other

Property Description

Excellent investment opportunity to own a well-located triplex in the heart of Santa Ana. Situated on an approximately 8,581 square foot lot, this property features three one-bedroom, one-bathroom units totaling approximately 1,801 square feet of living space. Two units are approximately 602 square feet each, while the third unit is approximately 597 square feet. One of the units enjoys exclusive use of a detached two-car garage and a private backyard, providing added appeal for tenants or a future owner-occupant. The property also offers additional on-site parking and individual electric meters. All tenants are currently on month-to-month rental agreements, subject to applicable California and local tenant protection laws, providing future ownership flexibility for an investor seeking to maximize the property's long-term potential or an owner looking to occupy one unit while generating rental income from the others. The spacious lot and functional layout offer excellent long-term investment potential. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major freeways, this property provides easy access to employment centers throughout Orange County. Whether you are expanding your investment portfolio, completing a 1031 exchange, or purchasing your first income property, this triplex presents an outstanding opportunity in a strong rental market. Buyers are encouraged to verify all information, including square footage, permits, zoning, and intended use, to their own satisfaction.

Additional Information

Appliances
Gas Cooktop, Water Heater
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Gross Scheduled Income
$59,400
Operating Expense
15534

Listing courtesy of Listing Agent: Keith Geller (keithgeller1@gmail.com) from Listing Office: Realty Network.

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Calculator source: Real Geeks

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.