Current Cap Rate can potentially increase to 6.24% if existing rental amounts are adjusted to market rates.
This duplex investment opportunity in Orange County consists of two separate units (2234 & 2236). Each unit features two bedrooms, one bathroom, tile flooring in the main areas, carpet in the bedrooms, and a private outdoor patio. Additionally, theres a one car garage and an uncovered adjacent parking space for each unit. Recent updates include fresh exterior paint and new overhead piping. The property is conveniently located near 17th St and N Bristol in Santa Ana, close to freeways, Santa Ana College, shopping, and restaurants.