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    500 E 15th

    Santa Ana, CA 92701
    • $999,988
    • STATUS: Active Under Contract
    • ON SITE: 65 days
    • ID#: OC20262380
    Under Contract
    UPDATED: 23 min ago
    $999,988
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,826
      SQFT
    • $548
      $/SQFT
    Neighborhood:
    Other (Othr)
    Type:
    Multi-Family
    Built:
    1960
    County:
    Orange
    Area:
    70 - Santa Ana North of First

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    Description

    3 Charming units on this unique property. The front duplex, built in 1960, has been renovated and updated, and each of the units has one bed/one bath. The back, single-family detached residence, is completely renovated with permitted improvements. Each has one bedroom and 1.5 baths with a spacious fenced private patio and a 2-car garage. A new long driveway with plenty of space for recreational use, leads to a 2 car garage for the back house, while each of the duplex residences has a carport. Onsite laundry on the property. Easy access to freeways and employers in the area. Walking distance to schools, and shopping makes this is an attractive area to live. The property has long term tenants paying market rent, but still has exceptional upside potential. This is an excellent opportunity to own a solid performing property for years to come.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-28T17:27:48.35. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.

    www.hometownnorthcounty.com/homes/112852321
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    500 E 15th Santa Ana, CA 92701

    • Price: $999,988
    • Status: Active Under Contract
    • Updated: 23 min ago
    • ID#: OC20262380
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1,826
    SQFT
    $548
    $/SQFT
    1960
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    70 - Santa Ana North of First
    Property Description
    3 Charming units on this unique property. The front duplex, built in 1960, has been renovated and updated, and each of the units has one bed/one bath. The back, single-family detached residence, is completely renovated with permitted improvements. Each has one bedroom and 1.5 baths with a spacious fenced private patio and a 2-car garage. A new long driveway with plenty of space for recreational use, leads to a 2 car garage for the back house, while each of the duplex residences has a carport. Onsite laundry on the property. Easy access to freeways and employers in the area. Walking distance to schools, and shopping makes this is an attractive area to live. The property has long term tenants paying market rent, but still has exceptional upside potential. This is an excellent opportunity to own a solid performing property for years to come.
    Exterior Features

    Architectural Style Bungalow Carport Spaces 3.00 Construction Materials Stucco Fence YN Yes Fencing BlockWrought Iron Foundation Details CombinationSlab Garage Spaces 2.00 Lot Features 0-1 Unit/AcreCul-De-SacPark NearbyPavedWalkstreet Lot Size Dimensions 7405 Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedCarportDetached Carport Parking Total 7.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof AsphaltShingle Spa Features None Spa YN No Uncovered Spaces 2.00 View City LightsNeighborhood View YN Yes

    Interior Features

    Appliances Gas RangeHigh Efficiency Water HeaterRefrigeratorTankless Water Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Central AirWall/Window Unit(S) Cooling YN Yes Door Features Mirror Closet Door(S) Fireplace Features None Fireplace YN No Flooring LaminateTile Heating CentralWall Furnace Heating YN Yes Interior Features Granite CountersHigh CeilingsOpen Floorplan Laundry Features Dryer IncludedWasher Included Levels One Room Type All Bedrooms DownKitchenLaundryLiving RoomMain Floor BedroomMaster Suite Window Features Double Pane WindowsScreens

    Property Features

    Accessibility Features No Interior StepsOtherParking Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.00 Community Features CurbsSidewalksStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 600.00 Gross Income 0.00 Gross Multiplier 18.82 Gross Operating Income 57760.00 Gross Scheduled Income 59769.00 Insurance Expense 1656.00 Land Lease YN No Laundry YN Yes Lot Dimensions Source Assessor Net Operating Income 45398.00 New Construction YN No New Taxes Expense 8650.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 12362.00 Property Condition TurnkeyUpdated/Remodeled Property Sub Type Triplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Gated CommunitySmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other French Park Historic District Tenant Pays Cable TvElectricityGas Total Expenses 12563.00 Trash Expense 1000.00 Vacancy Allowance 2000 Water Sewer Expense 657.51 Water Source Public Year Built Source Estimated

    Listing provided courtesy of Shelly Kay Hilliard of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-28T17:27:48.35. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.

     
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    San Ramon CA, 94583