850 N Van Ness Avenue
Santa Ana, CA 92701
MLS #OC17163815

Income
  • 6units
  • 4,498sq ft
$1,329,000
Est. P&I payment: $5075.88/mo
850 N Van Ness Avenue, Santa Ana, CA 92701
  • 850 N Van Ness Avenue, Santa Ana, CA 92701 Photo 1
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Description for 850 N Van Ness Avenue, Santa Ana, CA 92701
850 North Van Ness Avenue is a 6-unit multifamily property located in the city of Santa Ana, California. Built in 1979 on a 0.18-acre lot, the property is comprised of majority two-bedroom units. The property is situated just north of Downtown Santa Ana, providing residents with convenient access to parks, retail, quick service and casual dining options.
MLS #OC17163815
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My Notes for MLS #OC17163815

General Features

  • Number Of Buildings: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Year Built: 1979
  • Year Built Source: Assessor
  • Zoning: MFD
  • Elevation Units: Feet
  • Subdivision Name: Other (OTHR)
  • Subdivision Name Other: Bakers Add To The Town Of Santa Ana

Exterior Features

  • Stories Total: 2
  • Lot Features: Corner Lot,​Landscaped
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size SqFt: 7,840.8
  • Lot Size Units: Acres
  • Garage Spaces: 7
  • Parking Total: 7
  • Pool Features: None
  • Common Walls: No Common Walls

Interior Features

  • Levels: Two
  • Average 1Bed Area Units: Square Feet
  • Average 2Bed Area Units: Square Feet
  • Average 3Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet

Utility Features

  • Laundry YN: 1
  • Laundry Features: Community
  • Water Source: Public
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6

Financial Features

  • Electric Expense: 1,350
  • Gross Scheduled Income: 91,200
  • Insurance Expense: 3,600
  • Maintenance Expense: 3,000
  • Net Operating Income: 55,390
  • Operating Expense: 33,110
  • Other Expense: 4,860
  • Price Per SqFt: 295.46
  • Total Expenses: 33,110
  • Trash Expense: 1,350
  • Vacancy Allowance Rate: 3
  • Water Sewer Expense: 1,350
  • Tax Block: 6
  • Tax Lot: 1
  • Gross Income: 91,200
  • Gross Operating Income: 88,500
  • New Taxes Expense: 16,250
  • Other Expense Description: Other
  • Total Actual Rent: 7,500

Community Features

  • Community Features: Sidewalks,​Street Lighting

Miscellaneous Features

  • Building Area Total: 4,498
  • Building Area Units: Square Feet
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Tax Census Tract: 750.02
  • Tax Tract Number: 93

Location

 
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Directions to 850 N Van Ness Avenue, Santa Ana, CA 92701
Major Cross Streets: N Main St / W Civic Center Dr
Listing information for 850 N Van Ness Avenue, Santa Ana, CA 92701 was graciously provided by our friends at the listing brokerage, Marcus & Millichap RE Invest and by listing agent Leeson Tyler DRE# 01451551

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 12/18/2017 at 6:14am
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