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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

    List your home for rent

    $6,395/mo

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    $6,395/mo

    Rent Zestimate®

    Refinance and save

    $8,919/mo

    Est. payment

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    $8,919/mo

    Est. payment

    What's special

    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.

    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#: OC23146573MLS LogoOriginating 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