1622-1624 West 2nd Street

Santa Ana, CA 92703

$675,000
Last Sold Price
4
Beds
2
Baths
1,600 Sq. Ft.
$422 / Sq. Ft.
1,600
Sq. Ft.
$422
per Sq. Ft.

Description

Great investment opportunity! TWO separate PERMITTED SINGLE FAMILY HOMES on a Lot. Excellent potential. Homes have great bones that need some TLC to bring them back to their full income potential. EACH HOME has 2 bedrooms and 1 bathroom. Current rents are far below the current market rental range of $1,600-$2,500 per month. Separate gas & electric meters. The FRONT HOME features a private gated front yard and porch, Living Room, Dining Room, Flex Space, Inside Laundry area, and on-site parking for...Great investment opportunity! TWO separate PERMITTED SINGLE FAMILY HOMES on a Lot. Excellent potential. Homes have great bones that need some TLC to bring them back to their full income potential. EACH HOME has 2 bedrooms and 1 bathroom. Current rents are far below the current market rental range of $1,600-$2,500 per month. Separate gas & electric meters. The FRONT HOME features a private gated front yard and porch, Living Room, Dining Room, Flex Space, Inside Laundry area, and on-site parking for 3 cars. The BACK HOME is larger with a generous Living Room, Dining Room, Hookups for Inside Laundry, a private wrap-around backyard, and an attached two-car garage. Long-term month-to-month tenants. Property is being sold "AS-IS" Centrally located close to schools, parks & shopping.
  1. Listed by Carol Kornievsky • DRE #02021625 • Brokerage DRE #01008773 • First Team Real Estate
  2. Listed by Cathy Haney • DRE #01133913 • Brokerage DRE #01008773 • First Team Real Estate

Property Details for 1622-1624 West 2nd Street

Architectural Style
Cottage, Traditional
View
Neighborhood
Parking Spaces Total
7
Private Pool
No
Cooling Type
None
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of First Team Real Estate, Carol Kornievsky, DRE #02021625; First Team Real Estate, Cathy Haney, DRE #01133913

Sold By Khoa Tran, Broker, Khoa Tran, DRE #01454221

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LISTING UPDATED: 03/02/2023 03:48 AM

Property Details for 1622-1624 West 2nd Street

StatusClosed
MLS #OC22015291
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Single Family Residence
Year Built1962
Lot Size0.14 AC / 6,273 SF
CountyOrange County

Location

Listing Courtesy of First Team Real Estate, Carol Kornievsky, DRE #02021625; First Team Real Estate, Cathy Haney, DRE #01133913

Sold By Khoa Tran, Broker, Khoa Tran, DRE #01454221

Add your commute

Building Information for 1622-1624 West 2nd Street

Stories1Residences-Year Built1962Building Size-Lot Size0.14 AC / 6,273 SF

Payment Calculator

$3,684 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,684

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1622-1624 West 2nd Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $10,287
  • Gross Scheduled Income: $16,590
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $10,287
  • Current Financing: None
  • Financing: Cash
Expense Details
  • Operating Expense: $6,303
  • New Taxes Expense: $979
  • Licenses Expense: $131
  • Insurance Expense: $813
  • Trash Expense: $0
  • Water Sewer Expense: $4,380
  • Total Expenses: $1,923
Tax / Assessment Info
  • Tax Block: 12
  • Tax Tract Number: 546
  • Tax Census Tract: 748.01
  • Tax Lot: 6
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Range
  • Equipment: In Kitchen, Room, Washer Hookup
  • Interior Features: Ceiling Fan(s), Formica Counters
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: In Kitchen, Individual Room, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Roof: Asbestos Shingle
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link, Fair Condition
  • Foundation Details: Combination, Raised, Slab
  • Property Condition: Fixer
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Park Nearby
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Direct Entrance, Driveway, Driveway - Combination, Garage, Garage - 1 Car, Private, Side By Side
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway - Combination, Driveway Level, Garage, Garage Faces Front, Garage - Single Door, Off Street, Private, Side by Side
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,275
  • Unit Type Total Rent: $15,300
  • Unit Type Pro Forma: 1
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,075
  • Unit Type Total Rent: $12,900
  • Unit Type Pro Forma: 1
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 1
  • Number With Refrigerator: 0
  • Number With Carpet: 0
  • Number With Disposal: 2
  • Number With Drapes: 0
  • Number With Patio: 2
  • Number Wall AC: 0

Property History for 1622-1624 West 2nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1622-1624 West 2nd Street

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

Lydia Romero-Cruz Elementary School
PublicK to 8

Valley High School
Public9 to 12

Edward B. Cole Academy
CharterK to 5

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 First Team Real Estate, Carol Kornievsky, DRE #02021625; First Team Real Estate, Cathy Haney, DRE #01133913

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.