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2725 S Baker St. Santa Ana, CA 92707
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Key Details
Sold Price $1,800,000
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision South Coast
MLS Listing ID NP25263181
Year Built 1961
Lot Size 6,098 Sqft
Property Sub-Type Quadruplex
Property Description
THIS PRIDE OF OWNERSHIP TURNKEY FOURPLEX IS LOCATED BLOCKS FROM SOUTH COAST PLAZA AND IS PRICED TO SELL! PRICED AT A 5.5CAP RATE AND 13 GRM. THE BUILDING HAS A BRAND NEW ROOF INSTALLED IN 2024! ALL FOUR UNITS HAVE BEEN FULLY RENOVATED TO INCLUDE THE FOLLOWING: VINYL FLOORING, SCRAPED CEILINGS, NEW SUB PANELS, NEW COUNTERTOPS AND CABINETRY, RE-GLAZED TUBS, NEW BATHROOMS, DUAL PANE VINYL WINDOWS, NEW PAINT AND ELECTRIC FIXTURES, SOME UNITS HAVE BRAND NEW HEATING SYSTEM. ALL UNITS ARE TWO BEDROOM TOWNHOME STYLE WITH PRIVATE PATIOS AND ARE LEASED WITH A GARAGE. UTILITY REIMBURSEMENT IS INCLUDED IN LEASES, MAKING THIS AN EXTREMELY LOW EXPENSE HIGH CASHFLOWING ASSET! ALL RENOVATIONS DONE WITH PERMITS AND CITY APPROVAL.
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Bought with Kami Green Century 21 Masters
NEARBY SCHOOLS & BUSINESSES
