1516 W 5th

Santa Ana, CA 92703
Property listed by R L M Equities, Randall Mycorn 949-573-5309
$1,180,000
Located in the heart of Santa Ana, this single-story fourplex represents a fully stabilized, turnkey investment designed for low-expense operations. Thorough property updates include a brand-new roof, an upgraded electrical system, energy-efficient dual-pane vinyl windows, and full termite clearance. Inside, residents enjoy brand-new modern kitchens and bathrooms, pristine new flooring,… Read MoreRead Less
Listing Snapshot
Days Online
6
Last Updated
Property Type
Quadruplex
Lot Size
0.14 Acres
Year Built
1951
MLS Number
NP26218335
Property Location Map
Additional Details
Building
Built in 1951, 1 building, 1 storey, Entry level: 1, Entry location: 1
Community
Suburban
Expenses
Gardener: $1,200, Insurance: $1,400, Maintenance: $1,400, Operating: $21,993, Trash: $2,022, Water/Sewer: $1,233, Other Expense: $400
Income
Gross Income: $1,956, Gross ScheduledIncome: $97,713, Net Operating Income: $72,789
Laundry
None
Lot
0.14 acres, ElevenToFifteenUnitsAcre
Parking
6 open parking spaces, 6 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 40505407, Tax Block: 5, Lot: 5
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters
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Monthly Payment
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Melanie Kermode
REALTOR® | DRE 01188137
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.