Great Value Add opportunity in the French Park neighborhood in Santa Ana. 8 units, all 1 bed 1 bath. Profitable laundry room. May qualify for the Mills Act property tax act, check with the city.
POTENTIAL MARKET RENTS ARE $191, 520/ YEAR - 8 UNITS AT $1,995
Actual rents are $130, 056
Part of a portfolio of 4 contiguous properties.
Offer subject to all beneficiaries approval.