930 S Broadway,  Santa Ana CA, 92701 (Residential Income)

3,736 sqft
Status: Sold
MLS#: PW15116130
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Last Updated: 12/9/2016 3:04 PM
Description for 930 S Broadway Santa Ana, CA 92701
An interesting and unique property. Circa 1890 large Victorian or Queen Anne style home - which is listed on the historical register for its architecture. The house was built for the Hewitt family, a prominent Santa Ana family - thus it is registered as the Hewitt House. This three-story house, complete with attic and basement, is approximately 2700 square feet, with living areas on the first and second floors. At one time, the house was divided into two residences, but was restored to a single family home a number of years ago. Additionally, in 1959, a legal four-plex was constructed in the rear of the property over two, 2-car garages (a total of 4 parking spaces.) In recent times, with a permit, the 4 units were consolidated into 2 units with a living room, bath room, small kitchen and sitting room. There is also a downstairs area which can be rented as a storage unit. The units produce a modest income of $4175 per month and a conservative project estimated would place the income at around $5000 per month. The property has been placed in reasonably good functional condition by the last two owners - to be verified by the buyer, of course. Existing tenants have been there 10 to 17 years - which partially explains the low rent.
Price
Sold Price:
$665,000
Sold Date:07/01/2015
Orange
3,736 (approx)
PW15116130
Closed
Description
An interesting and unique property. Circa 1890 large Victorian or Queen Anne style home - which is listed on the historical register for its architecture. The house was built for the Hewitt family, a prominent Santa Ana family - thus it is registered as the Hewitt House. This three-story house, complete with attic and basement, is approximately 2700 square feet, with living areas on the first and second floors. At one time, the house was divided into two residences, but was restored to a single family home a number of years ago. Additionally, in 1959, a legal four-plex was constructed in the rear of the property over two, 2-car garages (a total of 4 parking spaces.) In recent times, with a permit, the 4 units were consolidated into 2 units with a living room, bath room, small kitchen and sitting room. There is also a downstairs area which can be rented as a storage unit. The units produce a modest income of $4175 per month and a conservative project estimated would place the income at around $5000 per month. The property has been placed in reasonably good functional condition by the last two owners - to be verified by the buyer, of course. Existing tenants have been there 10 to 17 years - which partially explains the low rent.
Listing Information
Property Type: Cluster, 3+ Story
0.16 Acres 6,970 sq.ft. 3,736 (approx)
1890 Yes- 4 spaces
Wood
Water Meter, Public Water Service
Sewer at Street
Electric service available, Natural Gas
3 Total
Neighborhood
Room Information
Attic
No Laundry Facility
Interior Features
Gas Range/Cooktop
Hardwood
None
None
Family Room
High Ceiling, Pantry, Tile Counter Top
Exterior / Lot Features
4 Garage Spaces, 8 Parking Spaces, Garage
Wood
Shingle
None
No Pool
City
Wood
Sidewalks, Street Lights, Urban
Financial Considerations
01023216
$3,735
$50,100 Income ,$12,525Expense
Listing Price History

Santa Ana Real Estate

Santa Ana is located in California. Santa Ana, California 92701 has a population of 326,608.

The median household income in Santa Ana, California 92701 is $54,387. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Santa Ana 92701 is 28.8 years.

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Courtesy: Century 21 Olympic Team Richard Lobin
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