1010 N Bewley Street, Santa Ana, CA 92703 - MLS#OC25069662

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Apr

Thu

May

Fri

May

Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 4,499,000

Est. payment | -/mo

8 Beds

4 Baths

0.93 Acres Lot

Save

$ 4,499,000

Est. payment | -/mo

Save

8 Beds

4 Baths

0.93 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25069662

Bedrooms 8

HOA Y/N No

Lot Size 0.934 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Fully remodeled 2-bed, 1-bath detached units on nearly 1 acreeach featuring private yards, 12 car garages, and extended driveways for ample parking. Seller invested approx. $300,000 in capital improvements, including luxury vinyl plank flooring, quartz countertops, new cabinets, upgraded bathrooms, split AC systems, and dual-pane windows. Tenants pay all utilities; owner only covers gardening. Rents are currently 1020% below market, offering excellent upside. CAP rate is 5.86% with minimal operating expenses. Development Potential: City has preliminarily approved 4 additional units, with garage-to-ADU conversion potential. Zoning may allow up to 18 units with density bonus (buyer to verify). A rare opportunity to acquire a high-performing asset with strong cash flow and significant redevelopment potential!
Fully remodeled 2-bed, 1-bath detached units on nearly 1 acreeach featuring private yards, 12 car garages, and extended driveways for ample parking. Seller invested approx. $300,000 in capital improvements, including luxury vinyl plank flooring, quartz countertops, new cabinets, upgraded bathrooms, split AC systems, and dual-pane windows. Tenants pay all utilities; owner only covers gardening. Rents are currently 1020% below market, offering excellent upside. CAP rate is 5.86% with minimal operating expenses. Development Potential: City has preliminarily approved 4 additional units, with garage-to-ADU conversion potential. Zoning may allow up to 18 units with density bonus (buyer to verify). A rare opportunity to acquire a high-performing asset with strong cash flow and significant redevelopment potential!

Location

State CA

County Orange

Area Oc - Santa Ana (92703)

Zoning Assessor

Building

Story 1

Level or Stories 1 Story

Others

Acceptable Financing Exchange, Land Contract

Space Rent $2,781

Listing Terms Exchange, Land Contract

Listed by Long Nguyen • Advance Estate Realty

+1(619) 302-3010

matt@homecrave.com

GET MORE INFORMATION

QUICK SEARCH

There are 38 quick searches

1010 N Bewley Street Santa Ana, CA 92703