Jordan Bennett of Regency Real Estate Brokers

SOLD!    MLS: AR23089569     $700,000
4 Bedrooms with 3 Baths

MLS: AR23089569 Condo For Sale
2827 W EDINGER AVENUE
SANTA ANA CA 92704

MLS:  AR23089569
Status:  SOLD
Closed On:  2023-10-16
Sold Price:  $700,000
Sold Price per SqFt:  $409
Square Footage:  1713

4 Bedrooms
3 Baths
Year Built:  2007
Zip Code:  92704

Listing Agent: SARAH CHAN of ENGEL & VOLKERS SAN MARINO

Listing Remarks

Rare opportunity to own a residential income property in a gated community in Santa Ana/South Coast Metro area called Avenue E. Conveniently located 2 miles from South Coast Plaza, IKEA, and only a 10-15 minute drive to & from UC Irvine, Orange Coast College, and Santa Ana College. It is producing a stable passive income of $32,988 in cash flow each year (Proforma $35,428).  Well-maintained property. The Seller/Landlord is renting out each bedroom and bath to longtime individuals taking good care of the property. We recently toured the interior to find it was in very good condition. The present tenants share the kitchen, living room, and Laundry. The attached double-car garage is shared by two of the tenants. Fully occupied, and all tenants are current on rent. The new owner can keep all the month-to-month tenants. This is a 1031 Exchange with no additional costs to the buyer. An accepted offer will be contingent on the buyers seeing and approving the interior. One-of-a-kind income property, a rare find! Don't miss it!

Address: 2827 W EDINGER AVENUE SANTA ANA CA 92704

Featured Buyer's Agent:
Jordan Bennett

Featured Real Estate Agent Jordan Bennett

Regency Real Estate Brokers
Team Lead - BRE: 01850869
Phone: 949-829-7484

Contact Jordan Bennett

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Listing Photos


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Listing Details


STATUS:Closed
SPECIAL LISTING CONDITIONS:Standard
LISTING CONTRACT DATE:2023-05-23
CLOSE DATE:2023-10-16
BEDROOMS:4
BATHROOMS FULL:3
LIVING AREA SQ FT:1713
YEAR BUILT:2007
HOA/MGMT CO:Avenue E
HOA/MGMT PHONE:714-557-5900
HOA FEES FREQUENCY:Monthly
HOA FEES:$291
HOA AMENITIES:Barbecue, PicnicArea
APPLIANCES INCLUDED:Dishwasher, GasCooktop, Microwave, Refrigerator, Dryer, Washer
COMMUNITY FEATURES:StreetLights
FIREPLACE:None
FLOORING:Carpet, Vinyl
COOLING:CentralAir
INTERIOR FEATURES:MultiplePrimarySuites, PrimarySuite, WalkInClosets
LAUNDRY FEATURES:LaundryCloset
# GARAGE SPACES:2
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Condominium
POOL FEATURES:None
STORIES TOTAL:3
NUMBER OF UNITS TOTAL:1
VIEW:Courtyard
LISTING AGENT:SARAH CHAN
LISTING OFFICE:ENGEL & VOLKERS SAN MARINO

Property Location: 2827 W EDINGER AVENUE SANTA ANA CA 92704



Blue Marker: This Listing               Red Marker: Active Listings Nearby

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Last Updated: 2024-03-28 04:28:49