Est. cap rate

1.8%

Assumed rent, all units

$4,440/mo

Units

2

Price per unit

$724,500

Est. annual NOI

$26,640

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

2,113 sqft

Lot size

17,860 sqft

Year built

1910

Stories

1

Garage spaces

2

Style

Traditional

Heating

Central

Cooling

Central Air

Pool

None

View

City Lights,Neighborhood,Panoramic

Status

Active

Days on market

0

MLS #

245121952

About this property

An Exceptional Value+Add Opportunity on Nearly Half an Acre! Rare opportunity to acquire one of the largest Residential Income parcels currently available in this price range in central Orange County. This approximately 18,000 sq. ft. (0.41-acre) Residential Income property features two detached single-story homes on one expansive lot in a prime central Santa Ana location near Fairview, South Coast Metro, shopping, dining, Santa Ana College, major freeways, and employment centers. This unique property offers tremendous flexibility for investors, developers, contractors, or owner-users. The homes feature updated kitchens and remodeled bathrooms, individual gas and electric meters, private yard areas, and ample on-site parking. The oversized lot presents outstanding long-term potential for renovation, expansion, redevelopment, or future improvements. Whether you're seeking a value-add investment, multi-generational living, or a property with significant land value and future upside, opportunities like this are increasingly difficult to find. Conveniently located near the 22, 57, and 5 Freeways with excellent access to South Coast Plaza, Downtown Santa Ana, and Orange County's major employment corridors. Properties with this combination of lot size, location, and future upside rarely become available. Don't miss this exceptional investment opportunity, which is sure to please!

Location

2430 W 6th Street

Santa Ana, Orange, CA, 92703