Active
1113 N Bewley Street
Santa Ana CA, 92703
$3,888,000
$341.77 per sqft
Active
11,376 sqft
Multi-family
Built in 2024
Listed by Cheryl Coleman with Keller Williams Realty 714-717-1728
Brand new construction brings an exciting investment opportunity! The features and amenities of these five three bedroom, three bath townhome-style homes are very attractive, especially with the modern layouts, spacious rooms, and two-car attached garages plus driveways for 2 additional cars. 1113 Bewley has Units A and B, 2403 approx. sq ft each and 1115 Bewley, units A, B and C 2190 approx. sq. ft. The projected cap rate of 5.1% and low expenses (including solar electricity) suggest strong potential for returns, while the individual utility setup simplifies management and financial tracking. The location is also promising, with amenities like nearby stores, parks, and even a golf course likely to appeal to potential tenants. Plus, being in an up-and-coming neighborhood with newer developments popping up can add to the property's long-term value. With everything being brand new and low maintenance, it should help attract tenants and keep operational costs in check. And having a projected occupancy date of August 1, 2024, offers a clear timeline for potential investors or buyers. A well-thought-out investment opportunity in a desirable location with strong potential for both short-term and long-term returns. Seller financing available with as little as 30% down at 8% interest.
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OC24089722
MLSⓇ ID
September 1, 2024
Listed
November 4, 2024
Updated
Map
1113 N Bewley Street
Santa Ana CA, 92703
Interior Features
Total Stories
2
Interior Features
Quartz Counters, Recessed Lighting, All Bedrooms Up, Loft, Walk-In Closet(s)
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Water Heater
Laundry Description
Laundry Closet, In Garage
Floor Description
Laminate
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.46 Acres
Lot Features
2-5 Units/Acre
Architectual Style
Modern
Roof
Asphalt
Sewer
Public Sewer
Other Property Details
Area Name
66 - N of Blsa, S of GGrv, E of Brookhrst, W of Ha
Days on Market
16
Garage
Yes
Garage Spaces
10
Parking
Direct Access, Driveway, Garage
Parking Total
20
View
No
View Description
None
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Green Building Features
Green Features
Solar
Listing Contact: 714-861-5500
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/4/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/4/2024 at 11:17 AM UTC