Est. cap rate

3.1%

Assumed rent, all units

$6,660/mo

Units

3

Price per unit

$433,333

Est. annual NOI

$39,960

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

Triplex

Bedrooms

3

Building size

2,580 sqft

Lot size

7,998 sqft

Year built

1957

Stories

1

Garage spaces

2

Pool

None

Status

Active

Days on market

0

MLS #

249003369

About this property

Great investment opportunity in the heart of Santa Ana city where the high rental demand has been booming in the past 25 years. Numerous potential developments has been going up along Bristol St to South Coast Shopping Plaza creating more jobs and residential rental demand in the area. This well kept property that you do not want to miss. The 25 year new roof was installed in October. 2026. All hot water units were replaced in 2024. Great long time Tenants in all 3 Units: - Unit #213: 2 Bedrooms, 1 Bath; 900 sqft. Rent = $2,180/Mo without garage. - Unit #221: 2 Bedrooms, 2 Baths; 840 sqft. Rent = $2,270/Mo with 1 car garage attached. - Unit #223: 2 Bedrooms, 1 Bath; 840 sqft. Rent = $2,270.Mo with 1 car garage attached.

Location

213 S Baker

Santa Ana, Orange, CA, 92703