1113 N Bewley Street

Santa Ana, CA 92703 $362,000.00 (-8.52%) Active for $3,888,000
 


Beds: N/A  Baths: N/A  Structure Size: N/A sqft  Lot Size: 20,234 sqft


Property Facts
MLS OC24089722
Year Built 2024
Property Type Mixed Use
County Orange
Status Active
Active $3,888,000
Structure Size N/A sqft
Lot Size 20,234 sqft
Beds N/A
Baths N/A

Description

Brand new construction brings an exciting investment opportunity! The features and amenities of these five three bedroom, three bath townhome-style homes are very attractive, especially with the modern layouts, spacious rooms, and two-car attached garages plus driveways for 2 additional cars. 1113 Bewley has Units A and B, 2403 approx. sq ft each and 1115 Bewley, units A, B and C 2190 approx. sq. ft. The projected cap rate of 5.1% and low expenses (including solar electricity) suggest strong potential for returns, while the individual utility setup simplifies management and financial tracking. The location is also promising, with amenities like nearby stores, parks, and even a golf course likely to appeal to potential tenants. Plus, being in an up-and-coming neighborhood with newer developments popping up can add to the property's long-term value. With everything being brand new and low maintenance, it should help attract tenants and keep operational costs in check. And having a projected occupancy date of December, 2024, offers a clear timeline for potential investors or buyers. A well-thought-out investment opportunity in a desirable location with strong potential for both short-term and long-term returns. Seller financing available with as little as 30% down at 8% interest. .

Listing information courtesy of: Cheryl Coleman, Keller Williams Realty 714-717-1728. *Based on information from the Association of REALTORS/Multiple Listing as of 11/12/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Location


Walkscore

Somewhat Walkable

67%

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