3801 S Ross Street, Santa Ana, CA 92707
Property
Sold January 2024
Listing Agent: John Wright (DRE #01985584) · Listing Office: Matthews Real Estate Investment Services · Contact: 866-889-0550 · Bought with: Jason Brookes · Grand Avenue Realty & Lending · MLS #23323535 · Source: CRMLS
About this property
Seller is highly motivated to complete this transaction by mid or end of January! 3801 S. Ross St is a highly sought after Covington Style 4-unit multifamily investment property located in Santa Ana, CA. Built in 1969, this property consists of (1) 3- bedroom 2- bath, (2) 2-bedroom 2-bath units, and (1) 1-bedroom 1-bath units with each unit having their own single car garage. The property exudes pride of ownership from the exterior/interiors. The current owner has been very consistent with rental increases in which the property boasts a strong return. 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. This property is being sold alongside two other properties at 417- 421 Stevens Ave. Properties can be sold as a portfolio or individually, but the owner prefers to sell all properties simultaneously to use all proceeds for a 1031 exchange. The property is ideally located minutes from South Coast Plaza, Metro Pointe, The Camp, The Lab, Segerstrom Center, John Wayne Airport, Orange County Museum of Art, Santa Ana College, Mater Dei High School. The property is ideally located near the 405, 55 and 5 FWY for an easy commute.
Listing description from the January 2024 sale, as reported to CRMLS.
Sale history