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1214 W Brook Street

Santa Ana, CA 92703
  • $1,990,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: RS22075101
Price Reduced
UPDATED: 77 min ago
$1,990,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Bina Bengali of C-21 Astro (562-924-3381)


Description

Owner motivated. We are proud to present 7 units in the city of Santa Ana in Orange county. Santa Ana offers strong rental market in the orange county. Most units have upgrades such as Kitchen with granite counters, cabinets, bathrooms have newer tubs, vanities, shower walls & tile floors. Property also has newer windows, newer roof, exterior paint. laundry room and 7 parking spaces. Tenant pays gas & electric. Steady occupancy. very low maintenance. One of the highest Cap rate in the market.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T00:34:31.163. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127861866
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1214 W Brook Street Santa Ana, CA 92703

  • Price: $1,990,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 77 min ago
  • ID#: RS22075101
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1959
Built
Neighborhood:
69 - Santa Ana South of First
County:
Orange
Area:
69 - Santa Ana South of First
Property Description
Owner motivated. We are proud to present 7 units in the city of Santa Ana in Orange county. Santa Ana offers strong rental market in the orange county. Most units have upgrades such as Kitchen with granite counters, cabinets, bathrooms have newer tubs, vanities, shower walls & tile floors. Property also has newer windows, newer roof, exterior paint. laundry room and 7 parking spaces. Tenant pays gas & electric. Steady occupancy. very low maintenance. One of the highest Cap rate in the market.
Exterior Features

Carport YN Yes Lot Features Yard Number Of Separate Electric Meters 8 Open Parking Spaces 7 Parking Features AssignedCarport Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes Interior Features Granite Counters

Property Features

Additional Parcels YN No Cap Rate 4.13 Common Interest Community Apartment Community Features Urban Contingency Sale Subject To 1031 Exchange. Electric Expense 472 Fuel Expense 2102 Garage YN No Gross Income 150 Gross Scheduled Income 131728 Insurance Expense 3106 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Maintenance Expense 3000 Net Operating Income 85720 New Construction YN No New Taxes Expense 24000 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 42056 Rent Control YN Yes Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Trash Expense 3837 Utilities Electricity Available Vacancy Allowance Rate 3 Water Sewer Expense 5189 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T00:34:31.163. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Bina Bengali of C-21 Astro (562-924-3381)