Courtesy of: Marcus Bevans, HomeSmart, Evergreen Realty, mbevans@astutefh.com
Courtesy of: Marcus Bevans, HomeSmart, Evergreen Realty, mbevans@astutefh.com
$1,099,000
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8 bed
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4.00 Bath (4 Full)
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Lot: 0.14 Acres
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Apartment
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$1,099,000
1813 Cedar FOUR 2-BEDROOM UNITS OFFERED AT $1, 099, 000. Fully occupied Santa Ana fourplex featuring four matching 2-bedroom, 1-bath units offered at approximately $274, 750 per unit. The property provides eight total bedrooms, five covered carport spaces, separate gas and electric meters, and an on-site coin-operated laundry facility that generates additional income. Current rents total $4, 860 per month, with all units occupied under month-to-month tenancies. The current rent roll may offer long-term income growth potential for an investor acquiring four 2-bedroom units at an attractive price per unit, subject to applicable rental regulations and tenant rights. The building contains approximately 3, 689 square feet per public records and has been held by the same ownership for more than 25 years. Buyer to independently verify square footage, unit configuration, rents, expenses, laundry income, permits, property condition, and all applicable rental regulations. Please do not disturb occupants.
Courtesy of: Marcus Bevans, HomeSmart, Evergreen Realty, mbevans@astutefh.com
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