2827 W Edinger Avenue

Santa Ana, CA 92704

Rare opportunity to own a residential income property in a gated community in Santa Ana/South Coast Metro area called Avenue E. Conveniently located 2 miles from South Coast Plaza, IKEA, and only a 10-15 minute drive to & from UC Irvine, Orange Coast College, and Santa Ana College. It is producing a stable passive income of $31,836 in cash flow each year (Proforma $35,428).  Well-maintained property. The Seller/Landlord is renting out each bedroom and bath to longtime individuals taking good care of the property. We recently toured the interior to find it was in very good condition. The present tenants share the kitchen, living room, and Laundry. The attached double-car garage is shared by two of the tenants. Fully occupied, and all tenants are current on rent. The new owner can keep all the month-to-month tenants. This is a 1031 Exchange with no additional costs to the buyer. An accepted offer will be contingent on the buyers seeing and approving the interior. One-of-a-kind income property, a rare find! Don't miss it!

This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.