201 North Susan Street

Santa Ana, CA 92703

$1,725,000
Last Sold Price
Beds
4,752 Sq. Ft.
$363 / Sq. Ft.
4,752
Sq. Ft.
$363
per Sq. Ft.

Description

Excellent cash flow income property, $10,000 a month, 5 units total 2 units 3 bed 1 bath and 3 units 2 bed 1 bath, all in one level, Rents are low to have room to increase. Also these tenants are Long term Tenants who pay rents on time and in full. The apartment is located in a convenient location in Santa Ana city and close to freeways, shopping centers, parks, churches, schools and across from Vinh Nghiem temple, Favorite Restaurants.Excellent cash flow income property, $10,000 a month, 5 units total 2 units 3 bed 1 bath and 3 units 2 bed 1 bath, all in one level, Rents are low to have room to increase. Also these tenants are Long term Tenants who pay rents on time and in full. The apartment is located in a convenient location in Santa Ana city and close to freeways, shopping centers, parks, churches, schools and across from Vinh Nghiem temple, Favorite Restaurants.
  1. Listed by Cecile Tu • DRE #01346767 • Elite Realty Services

Property Details for 201 North Susan Street

City
SANTA ANA
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Park Spaces Total
5
Total # Parking Spaces
5

Location

Listing Courtesy of Elite Realty Services, Cecile Tu, DRE #01346767

Sold By Elite Realty Services, Cecile Tu, DRE #01346767

Add your commute
LISTING UPDATED: 08/06/2021 03:02 AM

Property Details for 201 North Susan Street

StatusSold
MLS #ML81836535
Days on Market123
Taxes$14,490 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCOMM RI MULTI-UNITS 5+ / FOURPLEX
Year Built1955
Lot Size0.34 AC / 14,810 SF
CountyOrange County

Location

Listing Courtesy of Elite Realty Services, Cecile Tu, DRE #01346767

Sold By Elite Realty Services, Cecile Tu, DRE #01346767

Add your commute

Building Information for 201 North Susan Street

Stories-Residences5Year Built1955Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$10,622 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,414

Property Taxes

$1,208

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 201 North Susan Street

Features
Feature Details
  • Flooring: Hardwood Floors, Laminate, Tile
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA: No
Property Details
  • Lot Sq Ft Apx: 14810
  • Lot Size Square Feet: 14810.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 4752
  • Year Built: 1955
  • Zoning: R3
  • Acres: 0.34
Location Details
  • FIPS Code: 06059
  • Parcel Number: 198-261-09
  • Board ID: MLSListings Datashare
  • Street Direction: N
Multi Family Information
General Details
  • Some Units Have: Updated Baths, Updated Kitchen
  • Units Total: 4
  • Existing Lease Terms: Security Deposit, Written Agreement
  • Tenant Pays: Trash, Water
  • Financial Data Source: Owner
Income / Expense Details
  • Annual Taxes $: $14,145
  • Annual Gross Sched Income: $119,244
  • Annual Rental Income: $119,244
  • Net Operating Income: $83,237
  • Annual Utility Expense: $5,400
  • Operating Expenses: Trash Removal, Water
Unit 1 Details
  • Bedrooms 1: 3
  • Apx Sq Ft 1: 1000
  • Rent 1: 2325
Unit 2 Details
  • Bedrooms 2: 3
  • Apx Sq Ft 2: 1000
  • Rent 2: 2300
Unit 3 Details
  • Bedrooms 3: 2
  • Apx Sq Ft 3: 900
  • Rent 3: 1950
Unit 4 Details
  • Bedrooms 4: 2
  • Apx Sq Ft 4: 900
  • Rent 4: 1850
Multi Family 5+ Information
Unit 1
  • Unit # 1 # of Bedrooms: 3
  • Unit # 1 Approx SqFt: 1000
  • Unit # 1 Rent: 2325
Unit 2
  • Unit # 2 # of Bedrooms: 3
  • Unit # 2 Approx SqFt: 1000
  • Unit # 2 Rent: 2300
Unit 3
  • Unit # 3 # of Bedrooms: 2
  • Unit # 3 Approx SqFt: 900
  • Unit # 3 Rent: 1850
Unit 4
  • Unit # 4 # of Bedrooms: 2
  • Unit # 4 Approx SqFt: 900
  • Unit # 4 Rent: 1515
Unit 5
  • Unit # 5 # of Bedrooms: 2
  • Unit # 5 Approx SqFt: 900
  • Unit # 5 Rent: 1950
Building Details
  • Apx Lot Acres: 0
  • On Site Parking Description: Attached Garage
Income / Expense Details
  • Annual Gross Sched Income: $130,980
  • Annual Taxes: $14,490
  • Annual Util Expense: $3,600
  • Gross Rent Multiplier: 16.03
  • Net Operating Income: $99,280
Other Financial Information
  • Cap Rate: 4.73
Additional Information
Additional Information
  • Fireplace: No

Property History for 201 North Susan 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 201 North Susan Street

Taxable ValueLand$1,056,880Additions$207,191Total$1,264,071
Tax Record2023$15,359 ($1,280 / month)
Home Facts
Total Finished SqFt4,752 SqFtAbove Grade Finished SqFt4,752 SqFtStories1Lot Size17,992 SqFtStyleMulti-Family Res (5+ Units)Year Built1955CountyORANGEAPN198-261-09

Schools near 201 North Susan Street

This home is within Garden Grove Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
John Marshall Elementary School
PublicK to 6

Leroy L. Doig Intermediate School
Public7 to 8

Los Amigos High School
Public9 to 12

James Monroe Elementary School
PublicK to 6

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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Listing Courtesy of Elite Realty Services, Cecile Tu, DRE #01346767

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.