Santa Ana, CA 92703,1113 N Bewley ST
Santa Ana, CA 92703,1113 N Bewley ST
Santa Ana, CA 92703,1113 N Bewley ST
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$3,888,000
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0.46 Acres Lot
Active

1113 N Bewley ST Santa Ana, CA 92703

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UPDATED:

11/07/2024 05:31 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24089722

HOA Y/N No

Year Built 2024

Lot Size 0.464 Acres

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.



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Location

State CA

County Orange

Area 66 - N Of Blsa, S Of Ggrv, E Of Brookhrst, W Of Ha

Rooms

Ensuite Laundry Laundry Closet, In Garage

Interior

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

Laundry Location Laundry Closet,In Garage

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Water Heater

Laundry Laundry Closet, In Garage

Exterior

Garage Direct Access, Driveway, Garage

Garage Spaces 10.0

Garage Description 10.0

Pool None

Community Features Golf, Park

Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected

View Y/N No

View None

Roof Type Asphalt

Accessibility Parking

Parking Type Direct Access, Driveway, Garage

Total Parking Spaces 20

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Two

New Construction Yes

Others

Senior Community No

Tax ID 19810220

Acceptable Financing Cash to New Loan

Green/Energy Cert Solar

Listing Terms Cash to New Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Cheryl Coleman • Keller Williams Realty • 714-717-1728

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Claudia Medina

Agent | License ID: 01312931

+1(619) 723-7751

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1113 N Bewley ST