
Deal numbers
- Est. cap rate
- 3.3%
- Assumed rent, all units
- $5,240/mo
- Units
- 2
- Price per unit
- $475,000
- Est. annual NOI
- $31,440
- 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.
- Effective gross income
- $59,736
- Operating expenses
- $29,868
- Net operating income
- $29,868
- Annual debt service
- $56,883
- Annual cash flow
- -$27,015
- Cash on cash return
- -11.4%
- Down payment
- $237,500
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
- 5
- Bathrooms
- 3
- Building size
- 2,000 sqft
- Lot size
- 5,175 sqft
- Year built
- 1917
- Stories
- 1
- Garage spaces
- 0
- Cooling
- Ductless
- Pool
- None
- View
- City Lights
- Status
- Active
- Days on market
- 47
- MLS #
- 244241042
About this property
Completely Renovated Duplex with Detached ADU/Casita one of rare homes in Orange County at 10% CAP RATE | Live in One, Rent the Other, No HOA and paid off Solar Pannels. Rare opportunity to own a newly renovated duplex in Santa Ana featuring a beautifully updated 3-bedroom, 2-bath main residence plus a fully renovated 2-bedroom, 1-bath detached casita, offering exceptional flexibility for multi-generational living, rental income, or owner-occupancy. Live in one unit while generating income from the other, making this an ideal property for both homeowners and investors. The spacious lot features a large backyard with potential for an additional ADU, creating even more opportunities for future value and cash flow. Enjoy ample off-street parking, mature fruit trees, and plenty of outdoor space for entertaining, gardening, or expansion. Recent renovations provide a move-in-ready experience while maintaining excellent long-term investment potential. Conveniently located near shopping, dining, schools, parks, major freeways, and employment centers, this property offers the perfect combination of comfort, convenience, and income-producing possibilities. Whether you're searching for a Santa Ana duplex, house with ADU, multi-family property, investment property, rental income opportunity, or a live-in-one-rent-the-other home, this property checks all the boxes. Buyer to verify all information, including but not limited to square footage, permits, zoning, ADU potential, and intended use. Seller makes no warranties or guarantees regarding square footage or future development potential.
Location
210 S Raitt
Santa Ana, Orange, CA, 92703