1010 N Bewley Street, Santa Ana, CA 92703
Property · 2 recorded sales since 2023
Sold June 2025
Listing Agent: Long Nguyen (DRE #01391629) · Listing Office: Advance Estate Realty · Contact: 714-933-5686 · Bought with: Hang-Ny Nguyen · Advance Estate Realty · MLS #OC25069662 · Source: CRMLS
About this property
Fully remodeled 2-bed, 1-bath detached units on nearly 1 acre—each featuring private yards, 1–2 car garages, and extended driveways for ample parking. Seller invested approx. $300,000 in capital improvements, including luxury vinyl plank flooring, quartz countertops, new cabinets, upgraded bathrooms, split AC systems, and dual-pane windows. Tenants pay all utilities; owner only covers gardening. Rents are currently 10–20% below market, offering excellent upside. CAP rate is 5.86% with minimal operating expenses. Development Potential: City has preliminarily approved 4 additional units, with garage-to-ADU conversion potential. Zoning may allow up to 18 units with density bonus (buyer to verify). A rare opportunity to acquire a high-performing asset with strong cash flow and significant redevelopment potential!
Listing description from the June 2025 sale, as reported to CRMLS.
Sale history
