A GREAT OPPORTUNITY FOR A DESIRABLE INVESTMENT PROPERTY IN A HIGH-GROWTH AREA OF SANTA ANA! This property features two houses on a 14,375 sq. ft. lot zoned C1/RES. This designation allows for a mix of commercial and residential use, offering the potential for diverse income streams, including retail, office, restaurants, and professional services. A recent extensive renovation allows for substantial rental income. According to Redfin, housing costs in Santa Ana are 69% higher than the national average, and Orange County rents experienced a 16% increase this year compared to last year. House #1 offers a 4 bed/2 bath, 1,325 sq .ft. House #2, a 2 bed/1 bath, 950 sq. ft. The zoning designation gives the potential to pursue a sought-after ADU or additional 3rd unit property (subject to city planning/approval). Located near the corner of Harbor and Hazard and conveniently close to markets, restaurants, Willowick Golf Course, and Santiago High School. This area is ripe for development, and the desirable C1/RES zoning designation makes this an attractive opportunity for investors.
MLS #
CROC24004561
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.00%
Bedrooms
Ground Floor Bedroom
Kitchen
Other
Appliances
Microwave, Other, Refrigerator, Dryer
Fireplace
None
Cooling
Ceiling Fan, Central Forced Air
Foundation
Concrete Perimeter, Slab
Pool
None
Garage/Parking
Garage: 3 Car(s)
Elementary District
Garden Grove Unified
High School District
Garden Grove Unified
HOA Fee
$0
Zoning
C1/RES
3708 W Washington Ave is a Single Family Residence in Santa Ana, CA 92703. This 2,375 square foot property sits on a 0.33 Acres Lot and features 6 bedrooms & 3 full bathrooms. It is currently priced at $1,889,000 and was built in 1975.
This address can also be written as 3708 W Washington Ave, Santa Ana, CA 92703.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of April 04, 2024. For the most current information, please contact Mindy Luong