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Listed by Albert Ricci • Ricci Realty
$ 1,995,000
Est. payment | /mo
$ 1,995,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-25101465
Year Built 1946
Property Sub-Type Multi Family
Property Description
Great Value-Add opportunity in the renowned French Park neighborhood in Santa Ana. Located 1 block away from East Civic Center Drive. Be right in the action of the redevelopment going on in Downtown Santa Ana. This is a pair of fourplexes, one facing 506 Vance St and one facing 833 N Lacy. Both have a similar layout: eight one-bedroom floorplans with an eat-in kitchen, living room, and full bathroom. There are four ground-level units and four units on the second level, all with individual access. A third building houses the community/coin-op washer and dryer; the washer/dryer units are leased. Seven one-car garage spaces are available for tenant use; three face the alley towards the North East, and four face Vance St on the North West Side. The units' flooring is a combination of laminate tile and vinyl flooring, and countertops are tile. All tenants are on a month-to-month tenancy.
Location
State CA
County Orange
Area 70 - Santa Ana North Of First
Interior
Cooling Wall/Window Units
Laundry Laundry Equipment Own Lease, Community
Exterior
Utilities Available Sewer Connected, Electricity Connected, Natural Gas Connected
Building
Lot Description 0-1 Unit/Acre
Others
Virtual Tour https://www.wellcomemat.com/mls/55h067c519891lu7b
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Darren Humphrey
REALTOR®/ Shareholder | Lic# DRE 01724424