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Active
2602 W Aurora Street Santa Ana, CA 92704
$1,700,000

Property listed by First Team Real Estate, Pat Kyaw. IDX Contact: 714-536-9292

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  • David Oronoz

    David Oronoz

    Principal | Multifamily Investments

    DRE# 01838862

  • Bobby Aschtiani

    Bobby Aschtiani

    Principal | Multifamily Investments

    DRE# 02048373

  • Chris Pettit

    Chris Pettit

    Founder

    DRE# 01983950

Property Description

This Covington Fourplex is located in a very desirable area close to South Coast Plaza, Calvary Chapel and close to 405 freeway. Apartment #1 is very large and spacious with three bedrooms and two bathrooms. Has vinyl laminate flooring, a cozy fireplace in the living room, good dining area, private patio and very large fenced in yard. Great for an owner unit and it is all one level. Apartment # 2 has two bedrooms and two bathrooms with a totally remodeled kitchen with fairly new appliances , patio off the living room and it is also all one level. Apartment # 3 is a two story with both bedrooms upstairs, wood laminate flooring downstairs in the living room, patio off the kitchen and a spacious kitchen. It has 1.5 bathrooms. Apartment # 4 is a two bedrooms and one bathroom with wood laminate floor. Has a huge balcony and ceiling fans. It is located above the garage so it will have stairs. All units have their own laundry hook ups, shared garages and three other parking spots. Great corner unit. Always fully rented. Has separate meters for gas and electricity but there is also common area gas and electricity that the owner pays. Owner also pays water and trash. Large grassy area in front of Apartment 2 & 3. Great investment property . All information in MLS to be verified by Buyer. Submit all offers please.

Property Details & Features

Property Type

  • Residential Income

Year Built

  • 1968

House

  • 2 total stories
  • Built in 1968
  • Stories: 2
  • 4519 total building sqft
  • 2+ Common Walls
  • Two

Community

  • Sidewalks

Expenses

  • Electric Expense: $350
  • Insurance Expense: $1,417
  • Operating Expense: $15,159
  • Other Expense: $254
  • Pest Control Expense: $680
  • Water Sewer Expense: $3,903

Garage

  • 4 garage spaces

Income

  • Gross Income: 100200
  • Gross Scheduled Income: 100200
  • Net Operating Income: 85041

Laundry

  • Washer Hookup

Listing

  • Listing ID: OC22099675
  • Listed on 2022-05-13
  • Rent controlled

Location

  • County: Orange
  • Subdivision: Other (OTHR)

Lot

  • 8712 sqft
  • 0.2 acres
  • Area: 8712
  • Corner Lot

Parking

  • 3 open parking spaces
  • 7 total parking spaces
  • Assigned

Property

  • Single building
  • 4 units
  • Property attached

Sewer

  • Public Sewer

Tenant Pays

  • Cable TV
  • Electricity
  • Gas

Utilities

  • 5 separate electric meters
  • 5 separate gas meters
  • 5 separate water meters

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