$1,750,000
$1,750,000
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3801 S Ross ST Santa Ana, CA 92707
8 Beds
7 Baths
4,001 SqFt
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,001 sqft
Price per Sqft $437
MLS Listing ID 23323535
Sold Date 01/25/24
Bedrooms 8
HOA Y/N No
Year Built 1969
Lot Size 6,534 Sqft
Property Description
Seller is highly motivated to complete this transaction by mid or end of January! 3801 S. Ross St is a highly sought after Covington Style 4-unit multifamily investment property located in Santa Ana, CA. Built in 1969, this property consists of (1) 3- bedroom 2- bath, (2) 2-bedroom 2-bath units, and (1) 1-bedroom 1-bath units with each unit having their own single car garage. The property exudes pride of ownership from the exterior/interiors. The current owner has been very consistent with rental increases in which the property boasts a strong return. 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. This property is being sold alongside two other properties at 417- 421 Stevens Ave. Properties can be sold as a portfolio or individually, but the owner prefers to sell all properties simultaneously to use all proceeds for a 1031 exchange. The property is ideally located minutes from South Coast Plaza, Metro Pointe, The Camp, The Lab, Segerstrom Center, John Wayne Airport, Orange County Museum of Art, Santa Ana College, Mater Dei High School. The property is ideally located near the 405, 55 and 5 FWY for an easy commute.
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Fireplace No
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Total Parking Spaces 7
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 41010303
Special Listing Condition Standard
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Bought with Jason Brookes • Grand Avenue Realty & Lending