1006 West Bishop Street

Santa Ana, CA 92703

$1,900,000
Last Sold Price
2
Beds
7
Baths
6,278 Sq. Ft.
$303 / Sq. Ft.
6,278
Sq. Ft.
$303
per Sq. Ft.

Description

1006 West Bishop Street is a 7-unit multifamily investment property located in Santa Ana. 1006 West Bishop Street has an attractive unit mix consisting exclusively of two-bedroom floor plans and offers amenities including uncovered and garage parking, private balconies (select units), and on-site laundry. Some of the units have been recently renovated with improvements including new windows, flooring, and sliding doors. 1006 West Bishop Street has an excellent central Santa Ana location, situated...1006 West Bishop Street is a 7-unit multifamily investment property located in Santa Ana. 1006 West Bishop Street has an attractive unit mix consisting exclusively of two-bedroom floor plans and offers amenities including uncovered and garage parking, private balconies (select units), and on-site laundry. Some of the units have been recently renovated with improvements including new windows, flooring, and sliding doors. 1006 West Bishop Street has an excellent central Santa Ana location, situated less than a mile from Downtown Santa Ana and the bustling 4th Street Market.
  1. Listed by Tyler Leeson • DRE #01451551 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest

Property Details for 1006 West Bishop Street

Parking Spaces Total
13
Private Pool
No
Total Units
7.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
6278
Assessor Parcel Number
010-170-20
Property Attached YN
false

Location

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Sold By Amir Soumeeh, Broker, Adrian Soumeeh, DRE #01964977

Add your commute
LISTING UPDATED: 09/01/2021 03:35 AM

Property Details for 1006 West Bishop Street

StatusClosed
MLS #OC21082062
Days on Market127
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.26 AC / 11,325 SF
CountyOrange County

Location

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Sold By Amir Soumeeh, Broker, Adrian Soumeeh, DRE #01964977

Add your commute

Building Information for 1006 West Bishop Street

Stories2Residences-Year Built1979Building Size-Lot Size0.26 AC / 11,325 SF

Payment Calculator

$13,012 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,369

Property Taxes

$2,643

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1006 West Bishop Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $130,980
  • Gross Scheduled Income: $128,880
  • Vacancy Allowance: 3866
  • Gross Operating Income: $127,114
  • Net Operating Income: $80,887
  • Laundry Income: $2,100
  • Financing: Cash
Expense Details
  • Operating Expense: $46,227
  • New Taxes Expense: $21,469
  • Fuel Expense: $3,055
  • Electric Expense: $3,055
  • Insurance Expense: $2,394
  • Maintenance Expense: $4,200
  • Professional Management Expense: $0
  • Other Expense: $5,944
  • Other Expense Description: Misc
  • Trash Expense: $3,055
  • Water Sewer Expense: $3,055
  • Total Expenses: $46,227
Tax / Assessment Info
  • Tax Tract Number: 502
  • Tax Census Tract: 749.02
  • Tax Lot: 19
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 11
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 11
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 11
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $10,740
  • Unit Type Total Rent: $10,740
  • Unit Type Pro Forma: 13125
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 7
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 1006 West Bishop Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1006 West Bishop Street

Taxable ValueLand$2,300,000Additions$400,000Total$2,700,000
Tax Record2023$31,715 ($2,643 / month)
Home Facts
Total Finished SqFt6,278 SqFtAbove Grade Finished SqFt6,278 SqFtStories2Lot Size10,963 SqFtStyleMulti-Family Res (5+ Units)Year Built1979CountyORANGEAPN010-170-20

Schools near 1006 West Bishop Street

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Lowell Elementary School
PublicK to 5

Julia C. Lathrop Intermediate School
Public6 to 8

Santa Ana High School
Public9 to 12

Nova Academy Early College High
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.