902 17th Street

Santa Ana, CA 92701

$4,000,000
Price
3
Beds
18
Baths
10,990 Sq. Ft.
$364 / Sq. Ft.
10,990
Sq. Ft.
$364
per Sq. Ft.

Description

902 E 17th Street comprises of 18 units situated on a well-maintained 11,547 square feet lot of land. The property's cross streets are Lincoln Avenue and Fairmont Street. 902 E 17th Street sits adjacent to the I-5 Freeway and is within a two-mile radius to Downtown Santa Ana , also dubbed "Downtown Orange County". The property offers convenient access to grocery stores, pharmacies, restaurants, and plenty of specialty retail all within walking distance. 902 E 17th Street features mature landscaping...902 E 17th Street comprises of 18 units situated on a well-maintained 11,547 square feet lot of land. The property's cross streets are Lincoln Avenue and Fairmont Street. 902 E 17th Street sits adjacent to the I-5 Freeway and is within a two-mile radius to Downtown Santa Ana , also dubbed "Downtown Orange County". The property offers convenient access to grocery stores, pharmacies, restaurants, and plenty of specialty retail all within walking distance. 902 E 17th Street features mature landscaping with courtyard, gated entry, on-site tuck-under and surface vehicle parking. The units feature kitchens fully-equipped with appliances, wall-to-wall carpet and wall air conditioning and heating. The property offers convenient access to the I-5, 55, 57, 22 and 405 freeways connecting to all of Orange County, as well as Riverside, San Bernardino and Los Angeles Counties. Neighboring cities include: Tustin, Orange, Garden Grove, Anaheim and Irvine. The city of Santa Ana is home to Discovery Cube Orange County, 4th Street Market, the Mainplace Mall, and River View Golf Course, to name a few. Santa Ana provides a scenic atmosphere and is a short distance to local landmarks within a 20-mile radius, such as Downtown Orange County, Disneyland, Disney California Adventure Park, Angels Stadium of Anaheim, Honda Center, Browers Museum, Santa Ana Zoo, South Coast Plaza, Marconi Automotive Museum, John Wayne Airport, Newport Beach, Huntington Beach and more. 902 E 17th Street is a prime Santa Ana income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
  1. Listed by ERIC CHEN • DRE #01489184 • Brokerage DRE #00409987 • CB RICHARD ELLIS • 626-757-5717
  2. Listed by Daniel Blackwell • DRE #01854961 • Brokerage DRE #00409987 • CB Richard Ellis, Inc.

Property Details for 902 17th Street

Parking Spaces Total
19
Private Pool
No
Cooling Type
Wall/Window
Total Units
18.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
10990
Assessor Parcel Number
398-162-01

Location

Listing Courtesy of CB RICHARD ELLIS, ERIC CHEN, DRE #01489184; CB Richard Ellis, Inc., Daniel Blackwell, DRE #01854961
Add your commute
LISTING UPDATED: 03/12/2024 01:53 AM

Property Details for 902 17th Street

StatusActive
MLS #CV24014303
Days on Market96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
CountyOrange County

Location

Listing Courtesy of CB RICHARD ELLIS, ERIC CHEN, DRE #01489184; CB Richard Ellis, Inc., Daniel Blackwell, DRE #01854961
Add your commute

Building Information for 902 17th Street

Building/Complex902 17th StFloor-Stories2Residences-Pet Policy-Year Built1954Building Size-

Payment Calculator

$25,266 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,830

Property Taxes

$3,436

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 902 17th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $291,156
  • Gross Scheduled Income: $291,156
  • Vacancy Allowance: 8735
  • Gross Operating Income: $282,421
  • Net Operating Income: $167,873
  • Gross Multiplier: 13.74
  • Cap Rate: 4.2
Expense Details
  • Operating Expense: $114,548
  • New Taxes Expense: $53,102
  • Gardener Expense: $1,800
  • Fuel Expense: $5,363
  • Electric Expense: $1,534
  • Insurance Expense: $4,417
  • Maintenance Expense: $11,297
  • Professional Management Expense: $14,473
  • Other Expense: $3,600
  • Other Expense Description: Reserves
  • Trash Expense: $10,248
  • Water Sewer Expense: $8,399
  • Supplies Expense: $316
  • Total Expenses: $114,548
Tax / Assessment Info
  • Tax Tract Number: 1459
  • Tax Census Tract: 754.03
  • CFD/Mello-Roos Fee: $4,532
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 16-20 Units/Acre
  • Number Of Units: 18
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 1
  • Carport Spaces: 16
Unit Information
Unit 1
  • Unit Type Units Total: 15
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,299
  • Unit Type Total Rent: $19,485
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,593
  • Unit Type Total Rent: $4,778
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 18
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 1

Property History for 902 17th 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 902 17th Street

Taxable ValueLand$1,141,175Additions$2,170,798Total$3,311,973
Tax Record2023$41,228 ($3,436 / month)
Home Facts
Total Finished SqFt10,990 SqFtAbove Grade Finished SqFt10,990 SqFtStories2Lot Size11,547 SqFtStyleMiscellaneous CommercialYear Built1954CountyORANGEAPN398-162-01

Schools near 902 17th 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 - K to 8
Rating
School
Distance
Hoover Elementary School
PublicK to 5

Sierra Preparatory Academy
Public6 to 8

Santa Ana High School
Public9 to 12

Orange County Educational Arts Academy
CharterK to 8

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.

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902 17th Street is a multi-family home for sale in Santa Ana, CA 92701. This property was listed for sale on January 23, 2024 by CB RICHARD ELLIS, it's currently listed at $4,000,000. It has been on the market for a total of 96 days and was last sold on September 29, 2016. This listing's school district is Santa Ana Unified School District. Nearby schools include Hoover Elementary School, Sierra Preparatory Academy and Santa Ana High School. 902 17th Street is a 3-bed, 18-bath, 10,990 sqft multi-family home built in 1954.

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 CB RICHARD ELLIS, ERIC CHEN, DRE #01489184; CB Richard Ellis, Inc., Daniel Blackwell, DRE #01854961

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.