ParkingAsphalt, Door-Single, Driveway, Garage, Garage Door Opener
Garage14 spaces
Year Built1944
HeatingDuctless
CoolingDuctless
FireplaceNone
MLS #OC24056555
Lot Size0.97 Acres
StatusActive
About 1010 N Bewley St
Welcome to an exceptional investment opportunity in a high-demand area! This property offers a rare combination of fully remodeled detached units and substantial redevelopment potential, making it an ideal choice for investors seeking immediate rental income and future growth prospects. Fully Remodeled Units: Each of the 9 detached units has been completely remodeled to the highest standards, featuring luxurious upgrades such as new luxury vinyl floors, AC split systems, brand-new kitchen cabinets with quartz countertops, and upgraded bathrooms. Additionally, all units boast new double-pane windows, ensuring energy efficiency and tenant comfort. Each unit offers a comfortable 2-bed, 1-bath layout, perfect for attracting tenants seeking modern and functional living spaces. Tenants enjoy the convenience of private yards with a fenced perimeter, providing privacy and outdoor space. Furthermore, the property offers 1 or 2 car garages for each unit, along with long driveways capable of accommodating up to 4 additional vehicles. Tenants are responsible for their own utilities and yard maintenance, minimizing landlord expenses and ensuring hassle-free management. With recent renovations and tenant responsibilities, maintenance costs are kept to a minimum, maximizing profitability for the owner. Situated in an area with high rental demand, vacancy rates are virtually zero, guaranteeing consistent rental income and financial stability. The property sits on nearly 1 acre of land, presenting significant potential for redevelopment. City ordinances permit the construction of up to 18 townhouse/condo-style units (including density bonus), offering lucrative expansion opportunities for the future. Despite the potential for redevelopment, the property generates almost market rent with a CAP ratio close to 5%, providing a solid return on investment while pursuing permits for redevelopment. Don't miss out on this exceptional investment opportunity that combines immediate rental income with the potential for future growth. Whether you're looking to expand your investment portfolio or capitalize on redevelopment possibilities, this property offers endless possibilities. Schedule a showing today to explore the potential of this lucrative investment!
Property Details
Property Features
Property Information:
Year Built: 1944
Stories: 1
Listing Office:
Office Name: Advance Estate Realty
Office Phone: (714) 933-5686
Listing Agent: Long Nguyen
Interior Features
Interior Information:
Appliances: Range, Disposal
Flooring Type: Vinyl
Interior: Quartz Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 14 spaces
Parking: Asphalt, Door-Single, Driveway, Garage, Garage Door Opener
Lot Features
Lot Information:
Lot: Front Yard, Garden, Near Public Transit
Lot Size: 0.97 Acres
Utilities
Utilities Information:
Heating: Ductless
Cooling: Ductless
School Info
Assigned Schools Information:
Santiago High School, Public District Grades 9-12
Leroy L. Doig Intermediate School, Public District Grades 7-8
Leo Carrillo Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Harbor & Hazard
Price Information
Listing Price Info
Price Summary:
List Price: $4,599,000
Tax Information:
Annual Amount: $4,932
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Santa Ana, CA.
This property is $3.7M more than the Median Sold Price in Santa Ana, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24056555
Listing Office:
Office Name: Advance Estate Realty
Office Phone: (714) 933-5686
Listing Agent: Long Nguyen
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/4/2024, 9:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,932
$260,199
2020
$4,873
$257,531
2019
$4,735
$252,482
2018
$4,736
$247,532
2017
$4,686
$242,679
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Leo Carrillo Elementary School
15270 Bushard St
Distance between this listing and this school2.71 miles
Public District Grades KG-6
Middle School
5
/10
Leroy L. Doig Intermediate School
12752 Trask Ave
Distance between this listing and this school1.06 miles
Public District Grades 7-8
High School
6
/10
Santiago High School
12342 Trask Ave
Distance between this listing and this school0.92 miles
Public District Grades 9-12
Assigned Schools
5
/10
Leo Carrillo Elementary School
15270 Bushard St
Distance between this listing and this school2.71 miles
Public District Grades KG-6
Nearby Schools
9
/10
R. F. Hazard Elementary School
4218 W Hazard Ave
Distance between this listing and this school0.41 miles
Public District Grades KG-6
6
/10
Rosita Elementary School
4726 W Hazard Ave
Distance between this listing and this school0.79 miles
Public District Grades KG-6
Assigned Schools
5
/10
Leroy L. Doig Intermediate School
12752 Trask Ave
Distance between this listing and this school1.06 miles
Public District Grades 7-8
Nearby Schools
5
/10
Stephen R. Fitz Intermediate School
4600 W Mcfadden Ave
Distance between this listing and this school1.33 miles
Public District Grades 7-8
8
/10
James Irvine Intermediate School
10552 Hazard Ave
Distance between this listing and this school1.51 miles
Public District Grades 7-8
Assigned Schools
6
/10
Santiago High School
12342 Trask Ave
Distance between this listing and this school0.92 miles
Public District Grades 9-12
Nearby Schools
6
/10
The Academy
1901 N Fairview St
Distance between this listing and this school1.12 miles
Public Charter Grades 9-12
7
/10
Garden Grove High School
11271 Stanford Ave
Distance between this listing and this school2.04 miles
The neighbors living near this home have an average income of $55,335. The most common annual income of people living in Santa Ana, CA is between $35k-100k. Typical family type is married, with kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1010 N Bewley St
What is the listing price of this property?
The listing price of 1010 N Bewley St property is $4,599,000.
What type of property is this?
The property 1010 N Bewley St is a condo located in Santa Ana, California, 92703.
Is this property for sale now?
Active Listing: 1010 N Bewley St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1010 N Bewley St are: Leo Carrillo Elementary School: GreatSchools Rating 5/10Leroy L. Doig Intermediate School: GreatSchools Rating 5/10Santiago High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,932 (source: MLS/based on county public records data).
Which year was this property built?
The year of construction for 1010 N Bewley St is 1944.
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This home is located at 1010 N Bewley St in Santa Ana, CA and zip code 92703 in the Santa Anita neighborhood. This home, which was built in 1944, sits on a 0.97 acre lot. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $4,599,000.
In April 2024, from all listings sold in Santa Ana, CA there were more than 54 sold above asking price, over 32 sold below and more than 24 were sold right at the asked price. The number of listings in Santa Ana, CA increased by 5.4% between March 2024 and April 2024. Listings spent 23 days on the market in April 2024, and had a median list price of $821,711 during the same period.
From Rocket Homes Real Estate and based on county public records data.