Now on the market: a fully leased 4-plex at 2709 S. Baker St in Santa Ana. This property features four renovated 2-bed, 1.5-bath townhomes with new interiors, including kitchens with new appliances and bathrooms, plus vinyl windows and flooring, new electrical, a new roof, and garage parking. Situated in a… Read More very walkable neighborhood with a good bike score, this is a great investment opportunity in Santa Ana, just minutes from South Coast Plaza for premier shopping and dining. The property is also directly across the street from Saddleback High School and near other schools like Washington Elementary and McFadden Intermediate. Current Cap rate of 5.8%!! Utility billback is currently active on all 4 units! 2701 S. Baker Just Sold for $1.71M! Read Less
Property listed by R L M Equities, Randall Mycorn 949-573-5309
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Lot Size
0.14 Acres
Year Built
1961
MLS Number
NP25111225
30 Days Snapshot Of 92707
$805k
+7%
(avg) sold price
7
-46%
homes sold
76
+15%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1961, Building area total: 3,963, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Suburban
Expenses
Electric expense: $608, Fuel expense: $486, Gardener expense: $1,200, Insurance expense: $2,774, Maintenance expense: $1,000, New taxes expense: $21,059, Operating expense: $34,387, Trash expense: $4,219, Water sewer expense: $2,241, Other expense: $800
Garage
4 spaces
Income
Gross income: $6,492, Net operating income: $99,772
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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