1314 N Bewley Street, Santa Ana, California 92703, Santa Ana, 92703 - bed, bath
ACTIVE$1,250,000
1314 N Bewley Street, Santa Ana, California 92703
0Bed
0Bath
2,328Sqft
5,959Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a two-unit duplex, offering a clear opportunity for residential income and investment.
Top Cons:
Sold 'AS-IS' Condition: The property is being sold in 'AS-IS' condition, indicating the seller will not perform repairs and potential buyers should anticipate necessary investments for maintenance or upgrades.
Compared to the nearby listings
Price:$1.25M vs avg $965.0K (+$285,000)73%
Size:2,328 sqft vs avg 1,504 sqft82%
Price/sqft:$537 vs avg $53750%
More Insights
Built in 1964 (61 years old).
Condition: The property was built in 1964, making it 60 years old. It is being sold 'AS-IS' and requires an interior inspection, strongly indicating that the seller will not perform repairs and that significant updates are likely needed. Without interior photos or details of recent renovations, it's reasonable to assume that the kitchens, bathrooms, and major systems are original or have undergone very dated renovations (30-50+ years ago). While currently tenant-occupied and generating income, this suggests functionality rather than modern condition or aesthetics. Substantial repairs and rehabilitation would likely be required to bring the property up to contemporary standards, aligning with a 'poor' condition score.
Year Built
1964
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$537
HOA
-
Days on market
-
Sold On
-
MLS number
PW25051499
Home ConditionPoor
Features
View-
About this home
2 Unit Property Great For Investors. Front unit 2 beds 1 Bath and Rent $2100/mo. Back Unit 3 beds 2 baths rent $2350/mo. This is a Great investment with Positive Cash Flow. Property is being Sold AS-IS. Tenants pay Electric, Gas, & Water. Offer Subject to Interior Inspection.
Condition Rating
Poor
The property was built in 1964, making it 60 years old. It is being sold 'AS-IS' and requires an interior inspection, strongly indicating that the seller will not perform repairs and that significant updates are likely needed. Without interior photos or details of recent renovations, it's reasonable to assume that the kitchens, bathrooms, and major systems are original or have undergone very dated renovations (30-50+ years ago). While currently tenant-occupied and generating income, this suggests functionality rather than modern condition or aesthetics. Substantial repairs and rehabilitation would likely be required to bring the property up to contemporary standards, aligning with a 'poor' condition score.
Pros & Cons
Pros
Income-Generating Duplex: The property is a two-unit duplex, offering a clear opportunity for residential income and investment.
Positive Cash Flow: Explicitly stated to generate positive cash flow, making it an attractive investment for immediate returns.
Tenant-Paid Utilities: Tenants are responsible for electric, gas, and water, significantly reducing landlord operating expenses and increasing net income.
Established Rental Income: With current rents of $2100/month for the front unit and $2350/month for the back unit, the property provides immediate and verifiable income.
Strategic Location: Situated in Santa Ana, a well-established city in Orange County, offering a strong rental market and potential for appreciation.
Cons
Sold 'AS-IS' Condition: The property is being sold in 'AS-IS' condition, indicating the seller will not perform repairs and potential buyers should anticipate necessary investments for maintenance or upgrades.
Property Age: Built in 1964, the property is 60 years old, which may suggest older systems and components that could require future capital expenditures.
Requires Interior Inspection: Offers are subject to interior inspection, emphasizing the need for thorough due diligence by the buyer to assess the property's true condition, especially given the 'AS-IS' sale.