Property Details
About this Property
Fully remodeled 2-bed, 1-bath detached units on nearly 1 acre—each featuring private yards, 1–2 car garages, and extended driveways for ample parking. Seller invested approx. $300,000 in capital improvements, including luxury vinyl plank flooring, quartz countertops, new cabinets, upgraded bathrooms, split AC systems, and dual-pane windows. Tenants pay all utilities; owner only covers gardening. Rents are currently 10–20% below market, offering excellent upside. CAP rate is 5.86% with minimal operating expenses. Development Potential: City has preliminarily approved 4 additional units, with garage-to-ADU conversion potential. Zoning may allow up to 18 units with density bonus (buyer to verify). A rare opportunity to acquire a high-performing asset with strong cash flow and significant redevelopment potential!
MLS Listing Information
MLS #
CROC25069662
MLS Source
California Regional MLS
Days on Site
42
Interior Features
Appliances
Garbage Disposal, Hood Over Range, Other, Oven Range - Gas
Exterior Features
Roof
Shingle
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Attached Garage, Garage, Other, Garage: 14 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Long Nguyen
Advance Estate Realty
License #: 01391629
Phone: –
Co-Listing Agent
Hang Ny Nguyen
License #: 02104933
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 9 | 9 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1010 N Bewley St is a Residential Income in Santa Ana, CA 92703. This – square foot property sits on a 40,685 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,499,000 and was built in 1944. This address can also be written as 1010 N Bewley St, Santa Ana, CA 92703.
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This listing information is up-to-date as of April 01, 2025. For the most current information, please contact Long Nguyen
