HUGE PRICE REDUCTION!!! $285,000 BELOW RECENT SALES COMP ACROSS THE SAME STREET ..... Sold on January 6, 2023 at $1,735,000. Hurry on this one!!!- CALL ALL YOUR BUYERS TO LET THEM KNOW ABOUT THIS GREAT OPPORTUNITY. SUBMIT ALL OFFERS!!!! Excellent Investment!!! 16.70 X Gross at current rents and 12.94 GRM at market rents!!! What a great buy!!! You won't find a better buy in Orange County, especially for a Nice Covington Style 4-plex in a Great location near the cities of Orange and Tustin. All units are good size and the 3 bedroom unit and one of the 2 bedroom units have been recently remodeled. Conveniently located just west of the 55 Fwy and just south of the 22 Fwy. Great corner location within tract. Rents are below market with room to increase and build in equity.
Sold for $1,440,000 on 12/19/23
Listing Provided by:
Bob Walz DRE #00640512 714-393-8060,
New Dimension Investment Prop
Bought with: Investment Capital Real Estate
$1,440,000
2228 Joana Dr, Santa Ana, CA 92705
8beds
7baths
4,110sqft
Multi Family
Built in 1969
-- sqft lot
$-- Zestimate®
$350/sqft
$6,395 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 19, 2023 at 05:29pm
Listing Provided by:
Bob Walz DRE #00640512 714-393-8060,
New Dimension Investment Prop
Bought with:
Ignacio Diaz Jr., DRE #01379930
Investment Capital Real Estate
Source: CRMLS,MLS#: OC23146573
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
Appliances
- Included: Dryer
- Laundry: Common Area, Gas Dryer Hookup
Features
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,110
- Total interior livable area: 4,110 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Pool features: None
- Fencing: Wood
Lot
- Size: 7,841 sqft
- Features: Corner Lot
Details
- Parcel number: 39613122
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Available, Water Connected
Community & neighborhood
Community
- Community features: Curbs
Location
- Region: Santa Ana
- Subdivision: ,Other
HOA & financial
Other financial information
- Total actual rent: 85680
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Submit