MultiFamily502 Wellington Avenue
Basics Details
- Date added: Added 2 days ago
- Type: MultiFamily
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Description
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Description:
Located in Santa Ana's French Park, we have a 6-unit apartment complex, all 2-bedroom, 1-bath units separated between 2 buildings on this corner lot. Two of the units sit above two 1-car garages, with dedicated surface parking for the other four units. Both buildings are 2-story Mediterranean-style with wood-frame windows, washer/dryer hookup in each unit, exterior balconies, and good curb appeal. This is a great value-add opportunity with favorable floor plans. May qualify for the Mills Act property tax act. Call city for details.
Potential rents $ 2,295 x6= $137, 700 Actual rents are $90,024
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