405 W Stevens Avenue, Santa Ana, CA 92707
- $1,839,000
- List Price
- $1,839,000
- Status
- ACTIVE
- MLS#
- TR23020287
- Year Built
- 1969
- Lot Size
- 7,405
- Acres
- 0.17
- Lot Location
- Item01UnitAcre, Front Yard, Landscaped, Rocks
- Days on Market
- 47
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Other (Othr)
Property Description
Location, location!!! Fabulous fourplex located in the most prestigious South Coast Metro area of Santa Ana. Walking distance to the renowned South Coast Plaza, Noguchi Garden, OC Performing Arts, and all the trendy hot spots, dining, and entertainment. Units are spacious and consist of (1) 3br/2ba, (2) 2br/2ba, and (1) 1br/1ba with a total 4109 square feet. There are 4 single car attached garages. Property recently undergone exterior renovations and improvements. Select units have been renovated with laminate flooring, new paint and new bathroom. The downstairs units have their own private patios, while the upstairs units have oversized balconies perfect for lounging on those warm summer nights. Beautifully manicured lawn with low maintenance rock landscaping and courtyard. All month-to-month leases with tremendous rental upside to achieve market rents. On-site laundry room for additional income. Units are individually metered for gas and electric. Rapidly changing and major developments on adjacent streets with the construction of luxury apartments. New owner can benefit from strong market demand in a vibrant prime location. Conveniently located near the John Wayne airport, UCI and Irvine College, 55 and 405 freeway access. Opportunities like this rarely come around.
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Additional Information
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Central
- Roof
- Composition
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $93,240
Listing courtesy of Listing Agent: Tim Lam (Tim9142@gmail.com) from Listing Office: Showcase Properties.
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