Description
1419-1423 represents the opportunity to acquire 12 units situated across two adjacent parcels just one block off main street in santa ana. this well-maintained property is comprised of 100% 2 bed + 1 bath units averaging approximately 750 square feet each. built in 1953, the buildings boast a total of 8,995 square feet with aggregate lot square footage of 12,502. each unit is rented with one off-street parking space. interior plumbing has been updated on both buildings and a water shutoff valve has been installed inside each unit. both buildings have passed sb 721 balcony inspections.
tenants enjoy living on sycamore because of it’s convenient proximity to both main street and edinger avenue. the property is within a 5-minute walk of shops and restaurants including: dg market, superior grocers, family nails, pizza trio, jack in the box, kfc, tierra mia coffee and many more. the units are generating strong cash ?ow with a 5.87% cap rate. with a minor investment in ?xtures and aesthetics a buyer will be able to capture a signi?cant amount of upside.
Property Type
Residential IncomeCounty
OrangeStyle
Residential IncomeAD ID
49743836
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
-
Exterior Features
Building Information
- Year Built: 1953
- Building Area Total: 8,995
- Construction: Stucco,Wood Siding
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.287
- Lot Size Source: Public Records
- Lot Size Square Feet: 12502
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Listing Information
Listing Price Information
- Original List Price: 3,450,000
- Listing Contract Date: 2025-05-05
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 01317313
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Directions: Drive West on Edinger past Main Street and take the next right on Sycamore.
- Source Property Type: Residential Income
- Area: 699 - Not Defined
- Property SubType: Mixed Use
Building and Construction
- Property Age: 72
- Common Walls: 2+ Common Walls
- Structure Type: Mixed Use
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: S Sycamore St
- Property Attached: Yes
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BuyOwner last updated this listing 05/22/2025 @ 13:31
- MLS: PW25107267
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 8,995 sqft, 12,502 sized lot, and 0 parking. are nearby neighborhoods.