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Listed by Justin Butler • Kirklen Investment Group
$ 1,300,000
Est. payment /mo
Active
315 S Garnsey Street Santa Ana, CA 92701
3,036 SqFt
UPDATED:
12/13/2024 02:04 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,036 sqft
Price per Sqft $428
MLS Listing ID CROC24206516
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1964
Lot Size 6,098 Sqft
Property Description
Built in 1964, this property features five one-bedroom apartments, complete with amenities such as garages and open parking, as well as an on-site laundry facility. This property presents a value-add opportunity with significant rental upside, making it an attractive investment for savvy buyers. Additionally, the property offers the opportunity to convert the garages into an Additional Dwelling Unit (ADU), further increasing the rental income potential. The buyer must verify this possibility with the City of Santa Ana to ensure compliance with local zoning and building regulations. Its prime location is just 1.10 miles from Downtown Santa Ana and the lively 4th Street Market, providing tenants with easy access to local businesses, dining, and nightlife. Additionally, the property is within 1.80 miles of Santa Ana College, appealing to students and faculty. With close proximity to the 5 Interstate, residents can conveniently connect to major employment hubs across Orange and Los Angeles Counties.
Location
State CA
County Orange
Interior
Fireplace No
Laundry Other
Building
Lot Description Cul-De-Sac
Water Public
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