3701 S Olive Street

    Santa Ana, CA 92707
    • $1,050,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: OC18138405
    UPDATED: 47 min ago
    $1,050,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,944
      SQFT
    • $540
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    South Coast Metro SFD with a 5.4% Cap Rate! One of three properties within Seller's portfolio. This 4 bedroom 3 bath single family detached home is currently leased to a commercial tenant with an initial 2 year lease which expires in January 2020. Includes 3 two year options, and with 3% increases per option period. Home is upgraded with wood floors and upgraded tiled floors, granite counters throughout, upgraded bathrooms, upgraded kitchen with stainless steel appliances, upgraded paint, and heated pool in backyard.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-19T22:29:18.1. 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, 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.
    www.playavistaliving.com/homes/84506751

    3701 S Olive Street Santa Ana, CA 92707

    • Price: $1,050,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: OC18138405
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,944
    SQFT
    $540
    $/SQFT
    1966
    Built
    Neighborhood:
    Pinewood Homes (Pwhm)
    County:
    Orange
    Area:
    69 - Santa Ana South of First
    Property Description
    South Coast Metro SFD with a 5.4% Cap Rate! One of three properties within Seller's portfolio. This 4 bedroom 3 bath single family detached home is currently leased to a commercial tenant with an initial 2 year lease which expires in January 2020. Includes 3 two year options, and with 3% increases per option period. Home is upgraded with wood floors and upgraded tiled floors, granite counters throughout, upgraded bathrooms, upgraded kitchen with stainless steel appliances, upgraded paint, and heated pool in backyard.
    Exterior Features

    Architectural Style Traditional Construction Materials Drywall Walls Entry Level 1 Entry Location Living Room Fence YN Yes Fencing Block Garage Spaces 2.00 Lot Features 0-1 Unit/AcreFront YardLevel With StreetNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway - ConcreteDriveway LevelGarageGarage - Front EntryGarage - Two DoorGarage Door Opener Parking Total 6.00 Parking YN Yes Pool Features PrivateHeated With ElectricityIn Ground Pool Private YN Yes Property Attached YN No Road Frontage Type City Street Roof Shingle Spa Features None Spa YN No View MountainNeighborhood View YN Yes

    Interior Features

    Appliances Built In RangeDishwasherGarbage Disposal Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring TileWood Heating Central Furnace Heating YN Yes Interior Features Built-InsCathedral-Vaulted CeilingsCrown MoldingsGranite Counters Laundry Features Gas & Electric Dryer Hookup Levels Two Room Type All Bedrooms UpDenKitchenLaundryMain Floor Bedroom Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.40 Community Features SidewalksStreet LightingSuburban Country Us Elevation Units Feet Gross Income 69000.00 Gross Operating Income 69000.00 Gross Scheduled Income 69000.00 Insurance Expense 500.00 Land Lease YN No Laundry YN Yes Net Operating Income 69000.00 New Taxes Expense 11500.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 12000.00 Operating Expense Percent 0.00 Property Condition TurnkeyUpdated/Remodeled Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Pinewood Homes (Pwhm) Total Expenses 12000.00 Trash Expense 0.00 Utilities Sewer Connected Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Tony Morrison of Lantern Bay Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-19T22:29:18.1. 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, 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.
     
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