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About This Home
This 0-bedroom, 0-bathroom commercial at 502 E Wellington Avenue in Santa Ana, CA is listed for $1,495,000 ($298 per sqft). Built in 1929, the home offers 5,018 sqft of living space on a N/A lot.
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
Key Features
- Built in 1929
Property Details
Monthly Cost Estimate
$7,996/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
502 E Wellington Avenue
Santa Ana, CA 92701
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 502 E Wellington Avenue is listed at $1,495,000 ($298/sqft). The estimated monthly payment is $6,478 based on 20% down at 6.5% interest.
Key features include: Built in 1929.
This property is listed by Albert Ricci and can be reached at 7142316058 or AlRicci@RicciRealty.com.
