A GREAT OPPORTUNITY FOR A DESIRABLE INVESTMENT PROPERTY IN A HIGH-GROWTH AREA OF SANTA ANA! This property features two houses on a 14,375 sq. ft. lot zoned C1/RES. This designation allows for a mix of commercial and residential use, offering the potential for diverse income streams, including retail, office, restaurants, and professional services. A recent extensive renovation allows for substantial rental income. According to Redfin, housing costs in Santa Ana are 69% higher than the national average, and Orange County rents experienced a 16% increase this year compared to last year. House #1 offers a 4 bed/2 bath, 1,325 sq .ft. House #2, a 2 bed/1 bath, 950 sq. ft. The zoning designation gives the potential to pursue a sought-after ADU or additional 3rd unit property (subject to city planning/approval). Located near the corner of Harbor and Hazard and conveniently close to markets, restaurants, Willowick Golf Course, and Santiago High School. This area is ripe for development, and the desirable C1/RES zoning designation makes this an attractive opportunity for investors.
Sold for $1,889,000 on 04/04/24
Listing Provided by:
Mindy Luong DRE #01335837 714-467-6200,
HPT Realty
Bought with: Harcourts Prime Properties
$1,889,000
3708 W Washington Ave, Santa Ana, CA 92703
6beds
2,375sqft
Single Family Residence
Built in 1975
0.33 Acres Lot
$1,773,600 Zestimate®
$795/sqft
$4,562 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 04, 2024 at 06:55pm
Listing Provided by:
Mindy Luong DRE #01335837 714-467-6200,
HPT Realty
Bought with:
Natalie Duthoy, DRE #01949207
Harcourts Prime Properties
Source: CRMLS,MLS#: OC24004561
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 6
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Microwave, Refrigerator, Dryer
- Laundry: Electric Dryer Hookup
Features
- Ceiling Fan(s), Granite Counters, All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,375 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: Main floor
- Pool features: None
- Fencing: Stucco Wall
- Has view: Yes
- View description: City Lights, Neighborhood
Lot
- Size: 0.33 Acres
- Features: 2-5 Units/Acre
Details
- Parcel number: 19810102
- Zoning: C1/RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter, Slab
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Curbs, Street Lights, Sidewalks
Location
- Region: Santa Ana
Other
Other facts
- Listing terms: Cash,Conventional
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Estimated market value
$1,773,600