Sq.Ft. Lot6,273
Year1962
Christian Walsh
(949) 635-4466
Status:
Sold
Property Type:Single Family Residence
MLS #:OC23013129
Date Sold:3/2/2023
Lot Size:6,273 Sq. Ft.
County:Orange
Listing Agent/Office
Agent:Carol Kornievsky
Office:First Team Real Estate
Broker Phone:949-677-8222
TWO separate PERMITTED SINGLE FAMILY HOMES on a Lot, PLUS a TWO-CAR GARAGE! EXCELLENT POTENTIAL to modify garage to a 3rd INCOME UNIT as a ADU. Homes have great bones that need your TLC to bring them back to their full income potential. EACH HOME has 2 bedrooms and 1 bathroom. The tenants pay their own utilities with the exception of the water and trash. Long-term tenant provides a steady income for the buyer. GREAT INVESTMENT OPPORTUNITY! Rents are far below the current market rental range of $1,600-$2,500 per month. Separate gas & electric meters.
The FRONT HOME features a private gated front yard and porch, Living Room, Dining Room, Flex Space, Inside Laundry area, and on-site parking for 3 cars. The BACK HOME is larger with a generous Living Room, Dining Room, Hookups for Inside Laundry, a private wrap-around backyard, and an attached two-car garage. Long-term month-to-month tenant in the front property. The back home is vacant.
The property is being sold "AS-IS". Please review the supplementals for the permit history on these homes.
Centrally located close to schools, parks & shopping.
The FRONT HOME features a private gated front yard and porch, Living Room, Dining Room, Flex Space, Inside Laundry area, and on-site parking for 3 cars. The BACK HOME is larger with a generous Living Room, Dining Room, Hookups for Inside Laundry, a private wrap-around backyard, and an attached two-car garage. Long-term month-to-month tenant in the front property. The back home is vacant.
The property is being sold "AS-IS". Please review the supplementals for the permit history on these homes.
Centrally located close to schools, parks & shopping.
Detailed Maps
Community Information
Address:1622 1624 W 2nd St, Santa Ana, CA 92703
Area:70 - Santa Ana North of First
County:Orange
City:Santa Ana
Subdivision:Other (Othr)
Zip Code:92703
Architecture
Year Built:1962
Stories:1
Style:Bungalow, Cottage, Traditional
Construction Materials: Stucco
Building Area: 1600.0
Number of Buildings: 2
Total Units: 2
Stories Total: 1
Unit 1: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,275 actual rent • $15,300 total rent • $1 pro forma
Unit 2: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,075 actual rent • $12,900 total rent • $1 pro forma
Roof: Asbestos Shingle
Foundation: Combination, Raised, Slab
Garage Spaces: 2.0
Parking Features: Asphalt, Direct Access, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, Off Street, Private, Side By Side
Open Parking Spaces: 5.0
Parking Total: 7.0
Features / Amenities
Interior Features: Ceiling Fan(s), Laminate Counters, AllBedroomsDown
Appliances: Gas Range
Flooring: Laminate
Laundry: Washer Hookup, In Kitchen, Laundry Room
Common Walls: No Common Walls
Heating: Wall Furnace
Rooms
| Bedroom |
Property Features
Lot Size:
0.14 Acres / 6,273 Sq. Ft.
Lot Features: Back Yard, Front Yard, NearPark
View: Neighborhood
Utilities: Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Sewer: Public Sewer
Water: Public
Road Frontage: City Street
Road Surface: Paved
Fencing: Block, Chain Link, FairCondition
Directions:Main Street, turn on Western, turn on 2nd Street.
Tax and Financial Info
Buyer Financing: Cash
Gross Income: $10,287
Gross Scheduled Income: $16,590
Net Operating Income: $10,287
Insurance Expense: $813
New Taxes Expense: $979
Water/Sewer Expense: $4,380
Operating Expense: $6,303
Terms: Cash, Conventional
Tenant Pays: CableTV, Electricity, Gas, Telephone
Schools
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Based on information from California Regional Multiple Listing Service, Inc. as of April 1, 2023. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
