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626 3rd Street
Santa Ana, CA 92701
Sold
626 E 3rd. St. is a 4-unit multifamily investment property located in Santa Ana, CA. Built in 1920, this property is located at 626 E 3rd St. and consists of all one-bedroom, one bath units, in addition to tremendous rental upside potential with an interior renovation plan and adding an ADU. The property is situated on a +/- 6,141 SF lot and is zoned for 5+ units. This provides an investor with the potential of an ADU addition for more rental income but keeping the integrity of the existing parking spaces for the tenants. An investor can also take advantage of additional tax benefits with the property being situated in an opportunity zone. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water, electricity, gas, and trash. We encourage all interested parties to do their own due diligence with Santa Ana's planning and development division regarding any ADU potential! The property to be sold as-is!
PROPERTY INFORMATION
| MLS # | 23249349 | Lot Size | 6,141 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 875,000
Price Per SqFt: $ 503 |
DOM | 670 Days |
| Address | 626 3rd Street | Type | Residential Income |
| City | Santa Ana | Sq.Ft. | 1,740 Sq. Ft. |
| Postal Code | 92701 | Garage | N/A |
| County | Orange | Year Built | 1930 |
| Bed / Bath | 4 / 0 | Parking | 6 |
| Built In | 1930 | Status | Closed |
| Sold Date | 2023-05-23 |
INTERIOR FEATURES
| Has Heating | No |
| Heating Information | None |
| Has Cooling | No |
| Cooling Information | None |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $933
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 04/24/2023 | Pending | $875,000 |
| 03/09/2023 | Listed | $950,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of David Harrington, Matthews Real Estate Investment Services. 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.
