1419 S Sycamore Street new Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92707
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,995 sqft
Price per Sqft $383
MLS Listing ID CRPW25107267
HOA Y/N No
Year Built 1953
Lot Size 0.287 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
1419-1423 represents the opportunity to acquire 12 units situated across two adjacent parcels just one block off Main Street in Santa Ana. This well-maintained property is comprised of 100% 2 bed + 1 bath units averaging approximately 750 square feet each. Built in 1953, the buildings boast a total of 8,995 square feet with aggregate lot square footage of 12,502. Each unit is rented with one off-street parking space. Interior plumbing has been updated on both buildings and a water shutoff valve has been installed inside each unit. Both buildings have passed SB 721 balcony inspections. Tenants enjoy living on Sycamore because of it’s convenient proximity to both Main Street and Edinger Avenue. The property is within a 5-minute walk of shops and restaurants including: DG Market, Superior Grocers, Family Nails, Pizza Trio, Jack in the Box, KFC, Tierra Mia Coffee and many more. The units are generating strong cash ?ow with a 5.87% cap rate. With a minor investment in ?xtures and aesthetics a buyer will be able to capture a signi?cant amount of upside.
Location
State CA
County Orange
Interior
Fireplace No
Laundry No Hookups
Building
Water Public