1113 Bewley Street, Santa Ana, CA 92703
  • MLS#: OC24089722 ( Commercial/Residential )
  • Street Address: 1113 Bewley Street
  • Viewed: 2
  • Price: $3,888,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 0
  • Days On Market: 195
  • Additional Information
  • County: ORANGE
  • City: Santa Ana
  • Zipcode: 92703
  • Provided by: Keller Williams Realty
  • Contact: Cheryl Cheryl
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Brand new construction brings an exciting investment opportunity! The features and amenities of these five three bedroom, three bath townhome style homes are very attractive, especially with the modern layouts, spacious rooms, and two car attached garages plus driveways for 2 additional cars. 1113 Bewley has Units A and B, 2403 approx. sq ft each and 1115 Bewley, units A, B and C 2190 approx. sq. ft. The projected cap rate of 5.1% and low expenses (including solar electricity) suggest strong potential for returns, while the individual utility setup simplifies management and financial tracking. The location is also promising, with amenities like nearby stores, parks, and even a golf course likely to appeal to potential tenants. Plus, being in an up and coming neighborhood with newer developments popping up can add to the property's long term value. With everything being brand new and low maintenance, it should help attract tenants and keep operational costs in check. And having a projected occupancy date of December, 2024, offers a clear timeline for potential investors or buyers. A well thought out investment opportunity in a desirable location with strong potential for both short term and long term returns. Seller financing available with as little as 30% down at 8% interest. .
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Features
Accessibility Features
  1. Parking
Appliances
  1. Dishwasher
  2. Disposal
  3. Microwave
  4. Refrigerator
  5. Water Heater
Architectural Style
  1. Modern
Assessments
  1. Unknown
Building Area Total
  1. 11376.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
  2. End Unit
  3. No One Above
  4. No One Below
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 21
Fireplace Features
  1. None
Flooring
  1. Laminate
Garage Spaces
  1. 10.00
Green Energy Efficient
  1. Appliances
Green Energy Generation
  1. Solar
Heating
  1. Central
Insurance Expense
  1. 46800.00
Interior Features
  1. Quartz Counters
  2. Recessed Lighting
Laundry Features
  1. In Closet
  2. In Garage
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 229200.00
Parcel Number
  1. 19810220
Parking Features
  1. Direct Garage Access
  2. Driveway
Pool Features
  1. None
Postalcodeplus4
  1. 1758
Professionalmanagementexpense
  1. 100.00
Property Type
  1. Commercial/Residential
Roof
  1. Asphalt
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 414112170:CRM
Spa Features
  1. None
Tenant Pays
  1. All Utilities
Totalexpenses
  1. 48000.00
Trash Expense
  1. 0.00
Utilities
  1. Cable Available
  2. Electricity Connected
  3. Phone Available
  4. Sewer Connected
View
  1. None
Water Source
  1. Public
Year Built
  1. 2024
Year Built Source
  1. Builder