Listed by David Harrington with Matthews Real Estate Investment Services

626 E 3rd Street

Santa Ana, CA, 92701

$950,000

$545 per ft²
$950,000
$545 per ft²
Active
Active
 - For Sale
beds
4 Beds
baths
4 Baths
carpenters-square
1,740 ft²
property_type
Multi-family
calendar
Built 1930
626 E 3rd. St. is a 4-unit multifamily investment property located in Santa Ana, CA. Built in 1920, this property is located at 626 E 3rd St. and consists of all one-bedroom, one bath units, in addition to tremendous rental upside potential with an interior renovation plan and adding an ADU. The property is situated on a +/- 6,141 SF lot and is zoned for 5+ units. This provides an investor with the potential of an ADU addition for more rental income but keeping the integrity of the existing parking spaces for the tenants. An investor can also take advantage of additional tax benefits with the property being situated in an opportunity zone. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water, electricity, gas, and trash. We encourage all interested parties to do their own due diligence with Santa Ana's planning and development division regarding any ADU potential! The property to be sold as-is!
MLS® ID:
23249349
Listed:
3/8/23
Updated:
3/31/23
Side
Arc Realty
Mobile: (949) 216-8200Email: john@arcrealtyca.com

Interior Features

Total Bedrooms
4
Total Bathrooms
4
Cooling
None
Heating
None

Exterior/Building Features

Lot Size
6,141 ft² lot

Other Property Details

Area Name
70 - Santa Ana North of First
Garage
No
Parking
Driveway
Parking Total
6.0
View
N
County
Orange
Pool
No
Total Stories
2
Buyer Agency Compensation
2.000

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/31/23. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/31/23 at 7:26 PM UTC

Side
Arc Realty
Mobile: (949) 216-8200Email: john@arcrealtyca.com
Contact