Discover an outstanding investment property that promises great returns.(Assumable loan 3.83%)
This remarkable property comprises 8 units, all of which are currently occupied by excellent tenants. The property has undergone significant upgrades within the last 2-4 years, including the installation of new dual-pane windows. These improvements contribute to a low-cost maintenance building, providing peace of mind to the owner and minimizing future expenses. This investment opportunity is not to be missed. 4 spacious 1-bedroom, 1-bath units measuring 738 sq ft each. 4 generous 2-bedroom, 1-bath units spanning approximately 894 sq ft each. These units feature open floor plans, creating a welcoming ambiance, and come with expansive exterior patios. The property offers the convenience of 16 assigned subterranean gated parking spaces, ensuring secure parking for residents. Each parking space is accompanied by private storage, providing additional convenience and utility for tenants. ??Separate Utility Meters: Enjoy the benefits of streamlined management with 8 individual electric and gas meters. The owner covers water and trash services, reducing administrative burdens. Convenient location in Santa Ana, residents enjoy easy access to major transportation routes, including the 5 and 22 Freeways. Prime location near public transit and Santa Ana College. Just 2 blocks from Bowers Museum for cultural enrichment and entertainment. Shopping, dining, and entertainment venues are within easy reach.