2727 W Keller Avenue

    Santa Ana, CA 92704
    • $1,550,000
    • STATUS: Active
    • ON SITE: 6 days
    • ID#: OC19258961
    New On Site 6 Days Ago
    UPDATED: 19 min ago
    $1,550,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,366
      SQFT
    • $355
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Ratings & Info

    Description

    "AUTHENTIC COVINGTON" 4-PLEX... Excellent Location with Great Curb Appeal and Very Nicely Upgraded!!! Located on the Best Street in this "South Coast Metro 4-Plex Community". This property features the following: Highly desirable location... only a few blocks out of Costa Mesa with close proximity (only a few blocks) to the 405 Freeway and walking distance to South Coast Plaza. Separate washer and dryer hookups for each tenant and each unit has its own water heater saving the owner the cost of heating the tenants water. Beautiful newer white vinyl fencing separates this building from the adjacent property to the west and borders newly laid concrete in the courtyard area which presents a very clean and tidy look in front of the two bedroom units. Newer roll up garage doors. Newer vinyl windows 4-5 years ago. The 3 bedroom unit was remodeled about 10 years ago and (2) of the 2 bedroom units were recently remodeled including new tile floors, kitchen and bath cabinets and counter tops. And, also very important, the current owner has done an excellent job of keeping the current rents near market value although there is still room to increase the rents and profits. All tenants are month to month and move in dates are as follows: 3br-2ba unit 2014... 2br-2ba unit 2015... 2br-2ba unit 2009... and the 2br-1ba unit 2015. So as you can see, these all are very good and long term tenants. This is probably the best 4-Plex Buy currently on the market. Hurry and don't miss out on this one!!!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T21:31:49.347. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or HEADQUARTERS | Keller Williams Beverly Hills. Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/100623660

    2727 W Keller Avenue Santa Ana, CA 92704

    • Price: $1,550,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: OC19258961
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,366
    SQFT
    $355
    $/SQFT
    1969
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    69 - Santa Ana South of First
    Property Description
    "AUTHENTIC COVINGTON" 4-PLEX... Excellent Location with Great Curb Appeal and Very Nicely Upgraded!!! Located on the Best Street in this "South Coast Metro 4-Plex Community". This property features the following: Highly desirable location... only a few blocks out of Costa Mesa with close proximity (only a few blocks) to the 405 Freeway and walking distance to South Coast Plaza. Separate washer and dryer hookups for each tenant and each unit has its own water heater saving the owner the cost of heating the tenants water. Beautiful newer white vinyl fencing separates this building from the adjacent property to the west and borders newly laid concrete in the courtyard area which presents a very clean and tidy look in front of the two bedroom units. Newer roll up garage doors. Newer vinyl windows 4-5 years ago. The 3 bedroom unit was remodeled about 10 years ago and (2) of the 2 bedroom units were recently remodeled including new tile floors, kitchen and bath cabinets and counter tops. And, also very important, the current owner has done an excellent job of keeping the current rents near market value although there is still room to increase the rents and profits. All tenants are month to month and move in dates are as follows: 3br-2ba unit 2014... 2br-2ba unit 2015... 2br-2ba unit 2009... and the 2br-1ba unit 2015. So as you can see, these all are very good and long term tenants. This is probably the best 4-Plex Buy currently on the market. Hurry and don't miss out on this one!!!
    Exterior Features

    Direction Faces South Fence YN Yes Fencing VinylWood Foundation Details Slab Garage Spaces 5.00 Lot Features LandscapedLawnLot 6500-9999Sprinklers TimerYard Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedCoveredPavedGarageGarage Faces RearGarage - Single DoorGarage - Two DoorStreet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Alley PavedMaintainedPaved Roof Asbestos ShingleAsphalt Spa Features None Spa YN No

    Interior Features

    Appliances Disposal Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Fireplace Features Living Room Fireplace YN Yes Flooring CarpetWood Heating CentralWall Furnace Heating YN Yes Interior Features Unfurnished Laundry Features Common AreaCommunityGas Dryer HookupIndividual RoomWasher Hookup Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Street Lights Country Us Electric Standard Electric Expense 588.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 960.00 Gross Income 89400.00 Gross Multiplier 17.34 Gross Scheduled Income 89400.00 Have Covington 4-Plex Insurance Expense 1700.00 Land Lease YN No Laundry YN Yes Net Operating Income 58222.00 New Construction YN No New Taxes Expense 18468.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Number Of Units Leased 4 Number With Disposal 4 Number With Range 4 Operating Expense 29390.00 Property Condition Updated/Remodeled Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Fire And Smoke Detection SystemSmoke Detector(S) Senior Community YN No Sewer Public SewerSewer Paid Special Listing Conditions Standard Subdivision Name Other South Coast Metro Area Tenant Pays ElectricityGas Total Actual Rent 7450.00 Total Expenses 29390.00 Trash Expense 2195.00 Utilities Water Connected Water Sewer Expense 1773.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Bob Walz of New Dimension Investment Prop


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T21:31:49.347. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or HEADQUARTERS | Keller Williams Beverly Hills. Licensed in the State of California, USA.
     
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