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For Sale

$1,495,000

8,276 sqft$181/sqft543 days on market

502 E Wellington Avenue

Santa Ana, CA 92701

· 8% down, 7% APR, 30yr fixed

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Beds

—

Baths

8,276

Square feet

1929

Built

Listing narrative

Description

Located in Santa Ana's French Park, we have a 6-unit apartment complex, all 2-bedroom, 1-bath units separated between 2 buildings on this corner lot. Two of the units sit above two 1-car garages, with dedicated surface parking for the other four units. Both buildings are 2-story Mediterranean-style with wood-frame windows, washer/dryer hookup in each unit, exterior balconies, and good curb appeal. This is a great value-add opportunity with favorable floor plans. May qualify for the Mills Act property tax act. Call city for details. Potential rents $ 2,295 x6= $137, 700 Actual rents are $90,024

Listing agent (MLS): Albert Ricci · Listing brokerage (MLS): Ricci Realty

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,495,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

8,276 sqft

Baths

Baths n/a

Lot Size

0.19 acres

Year

1929

Status

For Sale

Days on Market

543

$ / Sqft

$181

· 8% down, 7% APR, 30yr fixed
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Courtesy of Ricci Realty