1925 W Washington Avenue, Santa Ana, CA 92706
Property
Sold September 2023
Listing Agent: John Wright (DRE #01985584) · Listing Office: Matthews Real Estate Investment Services · Contact: 866-889-0550 · Bought with: John Wright · Matthews Real Estate Investment Services · MLS #23300825 · Source: CRMLS
About this property
5-Unit apartment in Santa Ana, CA. Built in 1968, this property is located at 1925-29 W. Washington Ave and consists of (1) 3- bedroom 1- bath house with a 2-car garage, (1) 3-bedroom 2-bath house with a single car garage/separate storage unit, and (3) single story 2-bedroom 1-bath units with each unit having their own single car garage. in addition to tremendous rental upside potential with an interior renovation plan and adding an ADU. The property is situated on a +/- 19,612 SF lot. This provides an investor with the potential of an ADU conversion to the existing garages for more rental income, or a ground up ADU development. There are laundry units on-site for additional income. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water 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
Listing description from the September 2023 sale, as reported to CRMLS.
Sale history