2228 Joana Drive, Santa Ana, CA 92705

About this property

HUGE PRICE REDUCTION!!! $285,000 BELOW RECENT SALES COMP ACROSS THE SAME STREET ..... Sold on January 6, 2023 at $1,735,000. Hurry on this one!!!- CALL ALL YOUR BUYERS TO LET THEM KNOW ABOUT THIS GREAT OPPORTUNITY. SUBMIT ALL OFFERS!!!! Excellent Investment!!! 16.70 X Gross at current rents and 12.94 GRM at market rents!!! What a great buy!!! You won't find a better buy in Orange County, especially for a Nice Covington Style 4-plex in a Great location near the cities of Orange and Tustin. All units are good size and the 3 bedroom unit and one of the 2 bedroom units have been recently remodeled. Conveniently located just west of the 55 Fwy and just south of the 22 Fwy. Great corner location within tract. Rents are below market with room to increase and build in equity.

Listing description from the December 2023 sale, as reported to CRMLS.

Sale history

$1,440,000

Sold December 2023 · listed $1,450,000, orig. $1,650,000, on market August 2023 · MLS #OC23146573 · Source: CRMLS

Listing Agent: Bob Walz · Listing Office: New Dimension Investment Prop · Contact: 714-393-8060 · Bought with: Ignacio Diaz Jr. · Investment Capital Real Estate

Explore Santa Ana