1419 S Sycamore Street, Santa Ana, CA 92707
  • MLS#: PW25107267 ( Commercial/Residential )
  • Street Address: 1419 S Sycamore Street
  • Viewed: 4
  • Price: $3,350,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1953
  • Bldg sqft: 0
  • Days On Market: 66
  • Additional Information
  • County: ORANGE
  • City: Santa Ana
  • Zipcode: 92707
  • Provided by: Justin White
  • Contact: Justin Justin
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    1419 1423 represents the opportunity to acquire 12 units situated across two adjacent parcels just one block off Main Street in Santa Ana. This well maintained property is comprised of 100% 2 bed + 1 bath units averaging approximately 750 square feet each. Built in 1953, the buildings boast a total of 8,995 square feet with aggregate lot square footage of 12,502. Each unit is rented with one off street parking space. Interior plumbing has been updated on both buildings and a water shutoff valve has been installed inside each unit. Both buildings have passed SB 721 balcony inspections. Tenants enjoy living on Sycamore because of its convenient proximity to both Main Street and Edinger Avenue. The property is within a 5 minute walk of shops and restaurants including: DG Market, Superior Grocers, Family Nails, Pizza Trio, Jack in the Box, KFC, Tierra Mia Coffee and many more. The units are generating strong cash ?ow with a 5.87% cap rate. With a minor investment in ?xtures and aesthetics a buyer will be able to capture a signi?cant amount of upside.
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Features
Building Area Total
  1. 8995.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Construction Materials
  1. Stucco
  2. Wood Siding
Country
  1. US
Days On Market
  1. 55
Electric Expense
  1. 62.00
Entry Location
  1. S Sycamore St
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 3300.00
Insurance Expense
  1. 6319.00
Laundry Features
  1. None
Lot Features
  1. 11-15 Units/Acre
Netoperatingincome
  1. 202653.00
Number Of Separate Electric Meters
  1. 12
Number Of Separate Gas Meters
  1. 12
Otherexpense
  1. 12081.00
Otherexpensedescription
  1. Reserves
Parcel Number
  1. 01317313
Pool Features
  1. None
Professionalmanagementexpense
  1. 15509.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 438599632:CRM
Totalexpenses
  1. 98225.00
Trash Expense
  1. 8561.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
Water Sewer Expense
  1. 6657.00
Water Source
  1. Public
Year Built
  1. 1953
Year Built Source
  1. Public Records