1010 N Bewley Street, Santa Ana, CA 92703
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Listed Price :
$4,499,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1944
Property Description
Fully remodeled 2-bed, 1-bath detached units on nearly 1 acre—each featuring private yards, 1–2 car garages, and extended driveways for ample parking. Seller invested approx. $300,000 in capital improvements, including luxury vinyl plank flooring, quartz countertops, new cabinets, upgraded bathrooms, split AC systems, and dual-pane windows. Tenants pay all utilities; owner only covers gardening. Rents are currently 10–20% below market, offering excellent upside. CAP rate is 5.86% with minimal operating expenses. Development Potential: City has preliminarily approved 4 additional units, with garage-to-ADU conversion potential. Zoning may allow up to 18 units with density bonus (buyer to verify). A rare opportunity to acquire a high-performing asset with strong cash flow and significant redevelopment potential!
Interior Features
| Laundry Information |
| Location(s) |
Inside |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Vinyl |
| Interior Information |
| Features |
Quartz Counters, All Bedrooms Down |
| Cooling Type |
Ductless |
| Heating Type |
Ductless |
Listing Information
| Address |
1010 N Bewley Street |
| City |
Santa Ana |
| State |
CA |
| Zip |
92703 |
| County |
Orange |
| Listing Agent |
Long Nguyen DRE #01391629 |
| Co-Listing Agent |
Hang-Ny Nguyen DRE #02104933 |
| Courtesy Of |
Advance Estate Realty |
| List Price |
$4,499,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
40,685 |
| Year Built |
1944 |
Listing information courtesy of: Long Nguyen, Hang-Ny Nguyen, Advance Estate Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 31st, 2025 at 11:57 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.
