Residential Income — 1813 Cedar, Santa Ana, CA

$1,025,000

1813 Cedar, Santa Ana, CA

1813 Cedar, Santa Ana, CA 92707 — $1,025,000 · Multi-Family Home for Sale — photo 3

1813 Cedar, Santa Ana, CA 92707 — $1,025,000 · Multi-Family Home for Sale — photo 4

1813 Cedar, Santa Ana, CA 92707 — $1,025,000 · Multi-Family Home for Sale — photo 5

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About this property

MAJOR PRICE IMPROVEMENT – FOUR 2-BEDROOM UNITS NOW OFFERED AT $1,025,000! This fully occupied Santa Ana fourplex features four 2-bedroom, 1-bath units offered at approximately $256,250 per unit. The property provides eight total bedrooms, five covered carport spaces, separate gas and electric meters, and an on-site coin-operated laundry facility providing additional income. Current rents total $4,860 per month, with all four units occupied on month-to-month tenancies. The current rent roll may offer long-term income growth potential for an investor acquiring four 2-bedroom units at an attractive price per unit, subject to applicable rental regulations and tenant rights. The building contains approximately 3,689 square feet per public records and has been held by the same ownership for more than 25 years. Buyer to independently verify square footage, unit configuration, rents, expenses, laundry income, permits, property condition, and all applicable rental regulations. Please do not disturb occupants.

Property details

Year built

1963

Property type

Residential Income

Lot size

6,098 sqft

Location

1813 Cedar • Santa Ana, CA 92707

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Listed by

Marcus Bevans · HomeSmart, Evergreen Realty

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