Daniel Hu

Santa Ana CA Residential Income for Sale

REDUCED PRICE!!! Best ROI on the market! But that’s just the beginning. This is a truly unique opportunity to have an income property better than anything else on the market. This offering consists of 10 units located in the highly desirable South Coast Metro area (1001 W. Stevens). There are 9 two-bedroom units and 1 three-bedroom unit that are fully rented with seasoned tenants and ROI calculations that are based on REAL (not projected) numbers, which means your Buyer gets condominium benefits along with apartment building convenience & revenue. Under the same ownership for over TEN years, the units have a proven track record of low vacancies (1% average), low operating costs and smooth & consistent operation. And because this is a planned community, most of the larger expenses (Insurance, landscape, utilities) as well as big-ticket capital expenses (roofs, paint, pools, termite, etc.) are included in the low HOA dues which means (best part) they are ALREADY included in the ROI projections. Few (if ANY) other listings on the market make such considerations or can boast REAL (not projected or potential) rents & expenses. Lastly, the condo community has undergone a major renovation over the past several years. Termite, roofs, pools, paint, balconies (and more) have been replaced and won’t need to be done again for years to decades. Contact selling Broker for more details not listed in this narrative.

Santa Ana CA Residential Income for Sale

we are pleased to present the opportunity to acquire the 9-unit Condo among the 256-unit condominiums Community in Santa Ana, CA. Built in 1972, the property is located at the prime location in Orange County, next to Costa Mesa, walking distance to South Coast Plaza, South Coast Repertory and Orange County Museum of Art, easy to access the 405 Freeway, and 16 minutes driving to Irvine Spectrum Center. The immediate area is also walkable to retails, restaurants, hotels, business parks and offices nearby. The property also features club house, pool spa, and laundry facility.