1113 W Mcfadden Santa Ana, CA 92707
7,165 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26233282
HOA Y/N No
Year Built 1984
Lot Size 7,165 Sqft
Property Sub-Type Duplex
Property Description
The duplex produces $7,200 in monthly gross income, or $86,400 annually, and both units are fully leased. Income at this level is uncommon for a two-unit property and reflects the strength of the four-bedroom floorplans. Investors get stable, reliable cash flow from an asset that is simple to own and operate.
Built in 1984, the property totals approximately 2,368 square feet. It includes a three-car garage, three open parking spaces, separately metered gas and electric, security screen doors, and a private fenced patio for each unit. The property is approximately .07 miles from Mater Dei High School, 1.8 miles from Santa Ana College and Downtown Santa Ana, and 3.1 miles from South Coast Plaza. Tenants have convenient access to the SR-55 and I-5 Freeways, connecting them to employment centers throughout Orange County.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Parking Features Assigned
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 01027429
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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