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    402 - 404 E. Central Avenue

    Santa Ana, CA 92707
    • $738,000
    • STATUS: Active
    • ON SITE: 13 days
    • MLS #: PW21000561
    UPDATED: 74 min ago
    $738,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,686
      SQFT
    • $438
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    INVESTMENT OPPORTUNITY WITH LONG TERM TENANTS IN PLACE! TWO SEPARATE UNITS ON A GENEROUS 11,326 SF LOT. 402 E. CENTRAL SITUATED IN FRONT IS A 2BR, 1BA SINGLE STORY UNIT WITH A (2) CAR DETACHED GARAGE. IT FEATURES A PRIVATE FENCED YARD WITH A RELAXING FRONT PORCH. 404 E. CENTRAL SITS IN THE BACK IS ALSO A 2BR, 1BA SINGLE STORY UNIT WITH NEW ROOF. THIS UNIT FEATURES SIDE STORAGE SHED. EACH UNIT HAS ITS OWN GAS & ELECTRIC METER BUT SHARE A SINGLE WATER METER. THE TWO UNITS SHARE A DRIVEWAY WITH PLENTY OF PARKING SPACES. LONG TERM TENANTS IN BOTH UNITS WHO ARE MAKING RENT PAYMENT VIA DIRECT DEPOSIT TO OWNER+GGS BANK ACCOUNT, AND ALWAYS ON TIME. NICE CENTRAL LOCATION. JAMES MONROE ELEMENTARY SCHOOL IS JUST ACROSS THE STREET. SHORT WALK TO DELHI PARK, CHURCH. CLOSE PROXIMITY TO SHOPPING AND OTHER AMENITIES. PLEASE DO NOT APPROACH OR DISTURB TENANTS.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-16T17:29:15.707. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/112966787
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    402 - 404 E. Central Avenue Santa Ana, CA 92707

    • Price: $738,000
    • Status: Active
    • Updated: 74 min ago
    • MLS #: PW21000561
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    1,686
    SQFT
    $438
    $/SQFT
    1922
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    69 - Santa Ana South of First
    Property Description
    INVESTMENT OPPORTUNITY WITH LONG TERM TENANTS IN PLACE! TWO SEPARATE UNITS ON A GENEROUS 11,326 SF LOT. 402 E. CENTRAL SITUATED IN FRONT IS A 2BR, 1BA SINGLE STORY UNIT WITH A (2) CAR DETACHED GARAGE. IT FEATURES A PRIVATE FENCED YARD WITH A RELAXING FRONT PORCH. 404 E. CENTRAL SITS IN THE BACK IS ALSO A 2BR, 1BA SINGLE STORY UNIT WITH NEW ROOF. THIS UNIT FEATURES SIDE STORAGE SHED. EACH UNIT HAS ITS OWN GAS & ELECTRIC METER BUT SHARE A SINGLE WATER METER. THE TWO UNITS SHARE A DRIVEWAY WITH PLENTY OF PARKING SPACES. LONG TERM TENANTS IN BOTH UNITS WHO ARE MAKING RENT PAYMENT VIA DIRECT DEPOSIT TO OWNER+GGS BANK ACCOUNT, AND ALWAYS ON TIME. NICE CENTRAL LOCATION. JAMES MONROE ELEMENTARY SCHOOL IS JUST ACROSS THE STREET. SHORT WALK TO DELHI PARK, CHURCH. CLOSE PROXIMITY TO SHOPPING AND OTHER AMENITIES. PLEASE DO NOT APPROACH OR DISTURB TENANTS.
    Exterior Features

    Architectural Style Bungalow Garage Spaces 2.00 Lot Features Lot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    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 No Common Walls Laundry Features None Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Urban Country Us Elevation Units Feet Gardener Expense 600.00 Gross Income 40800.00 Gross Scheduled Income 40800.00 Insurance Expense 726.00 Land Lease YN No Laundry YN No Licenses Expense 210.00 Net Operating Income 31880.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 1536.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Other Tenant Pays All UtilitiesElectricityGrounds CareGasWater Total Actual Rent 3400.00 Total Expenses 1536.00 Trash Expense 0.00 Utilities Sewer Connected Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Tam Pham of Professional R.E. Center, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-16T17:29:15.707. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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