Listing Detail - MLS#P658798

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722-730 South Townsend Street
Santa Ana, CA 92704

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Beds:

Baths:

SqFt:

11,724

Price:

$2,075,000

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Description

PRICE REDUCED $125,000! 9.9 GRM ON ACTUAL RENTS! 16 UNITS IN SANTA ANA SITUATED ON 2 SEPARATE PARCELS. THE PROPERTY HAS 8 (2+1) AND 8 (1+1) UNITS. THE STRUCTURE IS 2 STORIES WITH WOODFRAME AND STUCCO CONSTRUCTION AND FEATURES 2 LAUNDRY ROOMS. THE SELLER HAS REMODELED SEVERAL INTERIOR BATHROOMS AND FLOORS. 6.6% CASH ON CASH RETURN ON EQUALIZED RENTS WITH 30% DOWN. THIS PROPERTY HAS BEEN PRICED TO SELL!

Home Facts

Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Living Area: 11,724
Lot Size: --
Type: Multi-Family Home
County: ORANGE
Year Built: 1961
Status: Active
Subdivision: --
Area: --

Interior Features

Accessibility Features: Disability Access: None
Sqft Source: Square Foot Source: Assessor, Building Sqft: 11724
Disclosures: ADA Compliance
Laundry: Laundry Description: Lease
Electric: Electric Meter: 17

Exterior Features

Construction: Exterior Construction: Stucco/Wood
Garage/Parking: Number of Parking Spaces: 32
Lot: Lot: 4, Lot Size Source: Assessor, Fee for Land Lease
Style: Style: Other
Building: Buildings: 2, Vacancy Percent: 3
Entry: Entry Locaton: Other
Location: Cross Street: Bristol & McFadden
Exterior Feature: Roof Description: Composition/Shingle

Community Features

Utilities: Water Meters: 2, Gas Meter: 2
Community Details: Builder Tract Name: Other
Financial: Gross Scheduled Income: 209370, Annual Gross Rent: 203520, Assessment: Santa Ana Nort, Gross Monthly Income: 17410, Total Expense: 78501, Laundry Income: 450, Annual Gross Income: 209370, Income Gross Multiplier: 9.91, Operating Expenses: 77126, Gross Operating Income: 202652, Operating Income: 125526, Price Per Sqft: 176.99, Gross Pendable Income: 35108

School Information

This Multi-Family Home located at 722-730 South Townsend Street, Santa Ana CA 92704 is currently for sale. 722-730 South Townsend Street is in the 92704 ZIP code in Santa Ana, CA. This property is listed by Ed Diaz of Vanguard Investment Properties for $2,075,000. 722-730 South Townsend Street has 0 beds, 0 baths, approximately 11,724 square feet, and was built in 1961. Dig deeper into Santa Ana CA real estate, search 92704 homes for sale or get details on the home value for 722-730 South Townsend Street, Santa Ana CA 92704.

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Listing information courtesy of: Vanguard Investment Properties
Agent: Ed Diaz

© Copyright 2009, SoCalMLS®, © Copyright 2009, CRISNet Regional MLS®.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS and/or CRISNet Regional MLS.
This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. If a listing displays "Short Sale/Subj to Lender Approval**" then that listing has been identified by the seller and the listing broker as a "short sale". This means that, at the listed price, the proceeds from the sale may not be adequate to pay all liens and costs of sale. Any offer made that does not fully cover the existing amount(s) owed to the lienholders(s) plus the costs of sale could be subject to lienholder approval, which approval may be exercised at the sole and exclusive discretion of the lienholder(s).
Data last updated: 1/8/2009.

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