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2228 Joana Drive
Santa Ana, CA 92705
Sold
HUGE PRICE REDUCTION!!! $285,000 BELOW RECENT SALES COMP ACROSS THE SAME STREET ..... Sold on January 6, 2023 at $1,735,000. Hurry on this one!!!- CALL ALL YOUR BUYERS TO LET THEM KNOW ABOUT THIS GREAT OPPORTUNITY. SUBMIT ALL OFFERS!!!! Excellent Investment!!! 16.70 X Gross at current rents and 12.94 GRM at market rents!!! What a great buy!!! You won't find a better buy in Orange County, especially for a Nice Covington Style 4-plex in a Great location near the cities of Orange and Tustin. All units are good size and the 3 bedroom unit and one of the 2 bedroom units have been recently remodeled. Conveniently located just west of the 55 Fwy and just south of the 22 Fwy. Great corner location within tract. Rents are below market with room to increase and build in equity.
PROPERTY INFORMATION
| MLS # | OC23146573 | Lot Size | 7,841 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 1,450,000
Price Per SqFt: $ 353 |
DOM | 516 Days |
| Address | 2228 Joana Drive | Type | Residential Income |
| City | Santa Ana | Sq.Ft. | 4,110 Sq. Ft. |
| Postal Code | 92705 | Garage | 4 |
| County | Orange | Year Built | 1969 |
| Bed / Bath | 8 / 0 | Parking | 4 |
| Built In | 1969 | Status | Closed |
| Sold Date | 2023-12-19 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community, Dryer Included, Gas Dryer Hookup |
| Has Fireplace | Yes |
| Fireplace Information | Living Room |
| EntryLocation | Ground |
| Entry Level | 1 |
EXTERIOR FEATURES
| Roof | Shingle |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Wood |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,547
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 12/19/2023 | Sold | $1,440,000 |
| 11/26/2023 | Active Under Contract | $1,450,000 |
| 11/13/2023 | Price Change | $1,450,000 (-3.27%) |
| 11/02/2023 | Price Change | $1,499,000 (-6.25%) |
| 08/07/2023 | Listed | $1,650,000 |
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Listing provided courtesy of Bob Walz, New Dimension Investment Prop. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
