5421 Silver Drive

    Santa Ana, CA 92703
    • $1,126,000
    • STATUS: Active
    • ON SITE: 41 days
    • ID#: OC20039768
    UPDATED: 52 min ago
    $1,126,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 906
      SQFT
    • $1,243
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    INVESTORS!!! This property is Zoned R2 and is 16,868 sf which means you may be able to build up to 4 homes PLUS a separate ADU (Accessory Dwelling Unit-granny unit, etc. See City of SA for new ADU guidelines). In SA you can also request a Density Bonus and build a 5th home (1 of 5 qualifying as "Affordable Housing"). The existing 3 bedroom 1 bath home is in original condition and can possibly provide a living place while developing other portions of the lot +G- an idea to investigate. There are other properties with large lot sizes on this street that have built 5 homes or more. This is a great opportunity in Orange County.ALL INFORMATION IS DEEMED TO BE RELIABLE, BUT NOT GUARANTEED. BUYER TO DO THEIR OWN RESEARCH AND INVESTIGATION ON POTENTIAL USE WITH THE CITY OF SANTA ANA.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-05T18:27:28.893. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.

    www.tolivebythesea.com/homes/103480850

    5421 Silver Drive Santa Ana, CA 92703

    • Price: $1,126,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: OC20039768
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    906
    SQFT
    $1,243
    $/SQFT
    1953
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    66 - N of Blsa, S of GGrv, E of Brookhrst, W of Ha
    Property Description
    INVESTORS!!! This property is Zoned R2 and is 16,868 sf which means you may be able to build up to 4 homes PLUS a separate ADU (Accessory Dwelling Unit-granny unit, etc. See City of SA for new ADU guidelines). In SA you can also request a Density Bonus and build a 5th home (1 of 5 qualifying as "Affordable Housing"). The existing 3 bedroom 1 bath home is in original condition and can possibly provide a living place while developing other portions of the lot +G- an idea to investigate. There are other properties with large lot sizes on this street that have built 5 homes or more. This is a great opportunity in Orange County.ALL INFORMATION IS DEEMED TO BE RELIABLE, BUT NOT GUARANTEED. BUYER TO DO THEIR OWN RESEARCH AND INVESTIGATION ON POTENTIAL USE WITH THE CITY OF SANTA ANA.
    Exterior Features

    Garage Spaces 2.00 Lot Features 0-1 Unit/AcreLot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Features Detached CarportDrivewayConcreteUnpavedGarageGarage Faces FrontRv Access/Parking Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Surface Type Paved

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features In Garage Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 3500.00 Gross Scheduled Income 3500.00 Insurance Expense 1000.00 Land Lease YN No Laundry YN Yes Net Operating Income 2155.00 New Construction YN No New Taxes Expense 14400.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 1 Operating Expense 1345.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Probate Listing Subdivision Name Other Other Tenant Pays None Total Actual Rent 1500.00 Total Expenses 16135.00 Trash Expense 400.00 Water Sewer Expense 335.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Darlene Stinson of T.N.G. Real Estate Consultants


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-05T18:27:28.893. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.

     
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