Active

1113 N Bewley Street

Santa Ana CA, 92703

$3,888,000


$341.77 per sqft

Active

11,376 sqft

Multi-family

Built in 2024

Listed by Cheryl Coleman with Keller Williams Realty 714-717-1728

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.



.

OC24089722

MLS ID

September 1, 2024

Listed

September 15, 2024

Updated

Map

1113 N Bewley Street
Santa Ana CA, 92703

Interior Features

Total Stories

2


Interior Features

Quartz Counters, Recessed Lighting, All Bedrooms Up, Loft, Walk-In Closet(s)


Appliances

Dishwasher, Disposal, Microwave, Refrigerator, Water Heater


Laundry Description

Laundry Closet, In Garage


Floor Description

Laminate


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.46 Acres


Lot Features

2-5 Units/Acre


Architectual Style

Modern


Roof

Asphalt


Sewer

Public Sewer

Other Property Details

Area Name

66 - N of Blsa, S of GGrv, E of Brookhrst, W of Ha


Days on Market

3


Garage

Yes


Garage Spaces

10


Parking

Direct Access, Driveway, Garage


Parking Total

20


View

No


View Description

None


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Green Building Features

Green Features

Solar

Listing Contact: 714-861-5500 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/15/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/15/2024 at 4:47 PM UTC

 

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