1113 N Bewley Street
Santa Ana, CA 92703
0.46 acres | #OC24089722
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 August 1, 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.
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Interior Details
- InteriorQuartzCounters, RecessedLighting, AllBedroomsUp, Loft, WalkInClosets
Property Details
- Lot DescriptionItem25UnitsAcre
- Stories2
Measurements
- Acres0.4645
Parking
- Parking Spaces10
Construction Details
- Property TypeMulti-Family
Condition
- Year Built2024
Utilities / Energy Details
- Utility FeaturesCableAvailable, ElectricityConnected, PhoneAvailable, SewerConnected
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyOrange
Financial Details
- Original List Price$4,250,000
Other
- MLS #OC24089722
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Cheryl Coleman (#SCOLECHE)
Listing Office: Keller Williams Realty (#OC03193)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
