REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,750,000
Est. payment /mo
New
1408 N Sycamore Santa Ana, CA 92701
6 Beds
3 Baths
9,044 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26233339
Bedrooms 6
Lot Size 9,044 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
1402-1410 N Sycamore Street, a five-unit multifamily property in central Santa Ana. Offered for the first time in more than 30 years, the property gives investors a rare opportunity to acquire a stable, income-producing asset in one of Orange County's highest-demand rental markets. The property consists of two detached buildings on a 9,044 SF lot, with three, one-bedroom units and one, two-bedroom unit, and one, three-bedroom unit. The diverse mix appeals to a broad tenant base, from individuals to families, supporting consistent occupancy and lower turnover risk. Residents benefit from ample on-site parking, including four garage spaces, two carport spaces, and two open spaces, an amenity rarely found in central Santa Ana. The property is fully occupied and generates $138,000 in annual gross income. Tenants pay their own gas and electric, keeping owner utility expenses low. The property sits minutes from Downtown Santa Ana, the 4th Street Market, and the I-5 Freeway, providing residents convenient access to employment, dining, and entertainment throughout Orange County. The surrounding area continues to attract significant investment, with several major residential and mixed-use developments planned nearby. For investors seeking durable cashflow in a supply-constrained submarket, 1402-1410 N Sycamore Street offers a well-located asset with upside.
Location
State CA
County Orange
Zoning Assessor
Direction exit 17th street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 39852317
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Justin Butler, DRE#02092220 Kirklen Investment Group