1010 N Bewley ST Active

Santa Ana,CA 92703

$ 4499000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Unknown

MLS Listing ID OC25069662

Year Built 1944

Lot Size 0.934 Acres

Property Sub-Type Apartment

Property Description

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!

Location

State CA

County Orange

Area 66 - N Of Blsa, S Of Ggrv, E Of Brookhrst, W Of Ha

Interior

Heating Ductless

Cooling Ductless

Flooring Vinyl

Fireplaces Type None

Laundry Inside

Exterior

Parking Features Door-Multi,Door-Single,Driveway,Garage Faces Front,Garage

Garage Spaces 14.0

Garage Description 14.0

Fence None

Pool None

Community Features Street Lights

Utilities Available Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

Roof Type Shingle

Building

Lot Description Yard

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Contract,1031 Exchange

Listing Terms Contract,1031 Exchange

Special Listing Condition Standard

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