801 S Lyon Street, Santa Ana, CA 92705

About this condo

Great investment opportunity. Turn key for the lazy investor. Complex is approximately 92% non-owner occupied and most expenses are paid through the association dues. Management, water, gas, security, insurance, and most expenses are handled through the HOA. Occupancy very high at close to 100% with any vacancies re-rented immediately. This particular unit is 2 bedroom 2 bath with long term tenant currently paying $1400. Unit could re-rent for $1700. Gated parking with security cameras and guard. Great Orange County location is close to all amenities. 5 and 55 freeways within minutes of complex. Current tenants have occupied the property for over 20 years.

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

Sale history

$233,000

Sold September 2017 · listed $249,900, on market July 2017 · MLS #PW17174373 · Source: CRMLS

Listing Agent: Gary Hunter · Listing Office: Cal West RE Solutions · Contact: 714-381-3577 · Bought with: Hayal Forshey · Orange Realty Group

$150,000

Sold January 2016 · listed $149,900, on market October 2015 · MLS #RS15238253 · Source: CRMLS

Listing Agent: Craig Cole · Listing Office: C-21 Masters · Contact: 909-595-6697 · Bought with: Craig Cole · C-21 Masters

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