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516 N Grand Avenue, Santa Ana, CA 92701

Property · 2 recorded sales since 2015

516 N Grand Avenue, Santa Ana, CA 92701 Sold January 2017 CRMLS
$1,075,000Sold January 2017

Listing Agent: Mark Bridge (DRE #01316702) · Listing Office: Marcus & Millichap RE Invest · Contact: 949-419-3200 · Bought with: Catherine Rubenstein · CRMLS · MLS #OC16198457 · Source: CRMLS

11,761 sqft
Lot Size
1953
Year Built
Property
Type
2
Stories
2
Garage

About this property

We are pleased to present this well located 5 unit investment opportunity in Santa Ana, CA. This property contains a single story two bed / one bath house in the front, and a two story apartment building in the back comprised of one bed / one bath units. Both the house and the units are individually metered for gas and electricity. There is no gas or electric bill for the owner. Each unit has a washer/dryer hookup and individual water heaters. The four unit building has new copper plumbing throughout and ABS drain lines. Two units were upgraded with new kitchen and bathroom granite counter tops and hard wood flooring in the bedroom. The kitchens and living rooms have tile. The property has a security camera system with DVR. The exterior was renovated with new paint, concrete base, stucco, and double pane vinyl windows. A new white picket fence was installed around the property, along with a yard and well maintained landscaping, providing nice curb appeal. There is a spacious area that can be fenced in between the buildings for a play or BBQ area. The three units on the first story all have fenced in patios. Situated across the street from the Orange County Register building, this property sits on a corner lot in a great Santa Ana rental location.

Listing description from the January 2017 sale, as reported to CRMLS.

Sale history

$1,075,000
Sold January 2017 · listed $1,110,000, on market September 2016 · MLS #OC16198457 · Source: CRMLS
Listing Agent: Mark Bridge · Listing Office: Marcus & Millichap RE Invest · Contact: 949-419-3200 · Bought with: Catherine Rubenstein · CRMLS
$750,000
Sold March 2015 · on market February 2015 · MLS #PW15023943 · Source: CRMLS
Listing Agent: Carlos Perez · Listing Office: RE/MAX New Dimension · Contact: 714-542-7475 · Bought with: Carlos Perez · RE/MAX New Dimension
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