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502 E Wellington Avenue Santa Ana, CA 92701
5,018 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 5,018 sqft
Price per Sqft $297
MLS Listing ID CRPW25101546
HOA Y/N No
Year Built 1929
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Comm Ind For Sale
Property 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
Location
State CA
County Orange
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected
Building
New Construction No
Others
Tax ID 39803201
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Listed by Albert Ricci • Ricci Realty