826 South Orange Avenue, Santa Ana, CA 92701

$899,000

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List Price
$899,000
Price Change
▼ $30,000 1785377655
Status
ACTIVE
MLS#
V1-37588
Year Built
1921
Lot Size
8,581
Days on Market
30
Property Type
Multifamily
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

Land Lease Type
Fee
Appliances
Gas Cooktop, Water Heater
Fireplace Description
None
View
None
Garage Spaces Total
2

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Calculator source: Real Geeks

Listing courtesy of Realty Network.