1113 N Bewley Street

Santa Ana, CA 92703

PRICE REDUCED

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-$362,000 (-8.52%)

$3,888,000

List Price

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bed Beds

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shower Baths

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straighten / sqft

2024

calendar_month Built

Property 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

List Price $3,888,000
Status Active
MLS OC24089722
Type Residential Income
Subtype Mixed Use
Year Built 2024
Lot Size 20,234
Structure Size N/A
DOM 20
Courtesy Of Keller Williams Realty
Listing Agent Cheryl Coleman DRE#01428040
Co-Listing Agent Ed Bonilla DRE#00752861

Interior Features

Laundry Information
Location(s) Laundry Closet, In Garage
Bedroom Information
Features All Bedrooms Up
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate
Fireplace Information
Features None
Additional Information
Additional Features Quartz Counters, Recessed Lighting, All Bedrooms Up, Loft, Walk-In Closet(s)
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Cheryl Coleman, Ed Bonilla, Keller Williams Realty 714-717-1728. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 7th, 2024 at 5:31 PM 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.