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Ideal for Multi-Generational Living - Comfort, Privacy & Convenience in One Property . Welcome to a rare opportunity in a SAFE neighborhood. This perfectly designed property offers multiple private living spaces and for every generation ** Live in one house and rent the other TWO residences. Rent will pay for your mortgage. Total 3 completely separate, detached residences** Current INCOME $106,500 annually, reliable tenants *Increase it by $40,000 annually with ADU *Even with only a 3% rent increase, your rent is above market average with all the upgrades. Also located in highly desired, safe, high dense rental area / Each house features its own entrance, kitchen, full baths. Located in a family-friendly, quiet neighborhood, minutes from schools, parks, shopping and transit. Key Features: Separate entrances for max privacy / BIG LOT for kids play area ** SEPARATELY metered for gas, electric and water, mailing address:1001-1003 *BUILD an ADU and an addition for the front house, you will end up with FOUR spacious, private residences ** STOP bt my OPEN HOUSE - Seller has APPROVED PLANS from the city & Building PERMIT. Will be TRANSFERRED at NO additional cost (see supplements). Reach Upto 8% CAP rate: One ADU unit (2 beds, 1 full bath) & build an addition (1 bed/1 bath & kitchen) to the FRONT HOUSE ** In 2022 MAJOR REMODEL done. BIG house at the back is split on the inside to 2 large residences: Unit A - feels like Single Family (no common walls), 2 story, upstairs - downstairs with total 5 rooms, 3 spacious bedrs, 2 full bath & loft w/2 open rooms, turn them to 2 rooms , 3 car garage * One bed, full bath is DOWNSTAIRS. Unit B is upstairs 3 rooms, 2 spacious bedrs and family room, full bath & kitchen. Front house is a SINGLE STORY - 2 bedrs, one FULL bath & kitchen, spacious family room, 2 garage. Built 1936. Over $200,000 in Upgrades, new double-pane windows, floors & completely new kitchen cabinets w/granite counters. NEW bath vanities & tubs. HUGE lot for extra parking, upto 9 cars (can be extra income) Gate for privacy. Over $27,000 in design & city fees paid & included in the purchase price. The City of Santa Ana is a historic city w/ vibrant downtown located in OC *CENTRALLY located, close to MAJOR fwy 22,5,57. Discovery science, Outlet mall. MUST SEE to appreciate the flow & floor plan. Furniture & landscape virtual staged. Pls DO NOT go direct & disturb tenants. Offers subject to interior inspection. Pls request PROPERTY VIDEO & rental cash flow.
Property Type(s):
Single Family
| Last Updated | 6/20/2025 | Tract | other |
|---|---|---|---|
| Year Built | 1986 | Community | 69 - Santa Ana South of First |
| Garage Spaces | 5.0 | County | Orange |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater, Water Heater |
| AREA | 69 - Santa Ana South of First |
| GARAGE | Attached Garage, Yes |
| HEAT | None |
| INTERIOR | Breakfast Bar, High Ceilings, Master Downstairs, Open Floorplan, Pantry, Storage |
| LOT | 9579 sq ft |
| LOT DESCRIPTION | Landscaped |
| PARKING | Attached, Driveway, Garage Faces Front, Garage, On Site, Off Street, Paved |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | other |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with T.N.G. Real Estate Consultants
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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