Santa Ana, CA 92703,1010 N Bewley ST
Santa Ana, CA 92703,1010 N Bewley ST
Santa Ana, CA 92703,1010 N Bewley ST
Santa Ana, CA 92703,1010 N Bewley ST
Santa Ana, CA 92703,1010 N Bewley ST
Santa Ana, CA 92703,1010 N Bewley ST
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$ 4,499,000
Est. payment | /mo

0.93 Acres Lot


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$ 4,499,000
Est. payment | /mo
Save

0.93 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Unknown

MLS Listing ID OC25069662

HOA Y/N No

Year Built 1944

Lot Size 0.934 Acres

Property Sub-Type Apartment

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!

Location

State CA

County Orange

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

Interior

Interior Features Quartz Counters, All Bedrooms Down

Heating Ductless

Cooling Ductless

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Disposal, Gas Range, Range Hood

Laundry Inside

Exterior

Parking Features Door-Multi, Door-Single, Driveway, Garage Faces Front, Garage

Garage Spaces 14.0

Garage Description 14.0

Fence None

Pool None

Community Features Street Lights

Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Roof Type Shingle

Accessibility None

Total Parking Spaces 14

Private Pool No

Building

Lot Description Yard

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 19823108

Acceptable Financing Contract, 1031 Exchange

Listing Terms Contract, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Long Nguyen • Advance Estate Realty • 714-933-5686
agent
Amin Zarif

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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1010 N Bewley ST