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421 W Stevens Avenue
USD 1,900,000
Property ID: 23323557
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421 W Stevens Avenue ,92707
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icon 9148 SqFt
icon Built in 1969
icon USD 208/SqFt
icon 8 Beds
icon 7 Full
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Location Street View
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Interior Details
Bedrooms
8
Bathrooms
7
Interior Size
4080
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1969
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Detailed Introduction Of This Home
421 Stevens Ave is a highly sought after Covington Style 4-unit multifamily investment property located in Santa Ana, CA. Built in 1969, this property consists of (1) 3- bedroom 2- bath, (2) 2-bedroom 2-bath units, and (1) 1-bedroom 1-bath units with each unit having their own single car garage. There are laundry units on-site for additional income. Also, there are two additional parking spaces that generate additional income. The property exudes pride of ownership from the exterior/interiors. The current owner has been very consistent with rental increases in which the property boasts a strong return. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water, electricity, gas, and trash. This property is being sold alongside two other properties at 3801 S. Ross St. and 417 Stevens Ave. Properties can be sold as a portfolio or individually, but the owner prefers to sell all properties simultaneously to use all proceeds for a 1031 exchange. The property is ideally located minutes from South Coast Plaza, Metro Pointe, The Camp, The Lab, Segerstrom Center, John Wayne Airport, Orange County Museum of Art, Santa Ana College, Mater Dei High School. The property is ideally located near the 405, 55 and 5 FWY for an easy commute.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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421 W Stevens Avenue
USD 1,900,000 8 Beds
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