Jordan Bennett of Regency Real Estate Brokers
SOLD! MLS: AR23089569 $700,000
4 Bedrooms with 3 Baths2827 W EDINGER AVENUE
SANTA ANA CA 92704MLS: AR23089569
Status: SOLD
Closed On: 2023-10-16
Sold Price: $700,000
Sold Price per SqFt: $409
Square Footage: 17134 Bedrooms
3 Baths
Year Built: 2007
Zip Code: 92704Listing 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 BennettRegency Real Estate Brokers
Team Lead - BRE: 01850869
Phone: 949-829-7484
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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
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Last Updated: 2024-03-28 04:28:49