1314 N Bewley Street, Santa Ana, California 92703, Santa Ana, - bed, bath
ACTIVE$1,250,000
1314 N Bewley Street, Santa Ana, California 92703
0Bed
0Bath
2,328Sqft
5,959Lot
Year Built
1964
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25051499
Home ConditionPoor
Features
View-
About this home
2 Unit Property Great For Investors. Front unit 2 beds 1 Bath and Rent $2100/mo. Back Unit 3 beds 2 baths rent $2350/mo. This is a Great investment with Positive Cash Flow. Property is being Sold AS-IS. Tenants pay Electric, Gas, & Water. Offer Subject to Interior Inspection.
Price History
Date
Event
Price
03/08/25
Listing
$1,250,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (7 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,328 | 1,702 | 75% |
| Lot Size | 5,959 | 6,122 | 50% |
| Price | $1.25M | $1.03M | 75% |
| Price per square foot | $537 | $571 | 50% |
| Built year | 1964 | 9765978 | 88% |
| HOA | |||
| Days on market | 242 | 153 | 63% |
Condition Rating
Poor
The property was built in 1964, making it 60 years old. The listing explicitly states it is being sold 'AS-IS' and provides no interior images, which prevents any assessment of the kitchen, bathrooms, appliances, light fixtures, flooring, or cooling/heating systems. This lack of transparency, combined with the property's age and 'AS-IS' condition, strongly indicates that the interior is significantly outdated and likely requires substantial repairs, rehabilitation, and system replacements to meet modern standards. While currently rented, this does not imply a good or fair condition, but rather that it is merely functional, likely with significant deferred maintenance.
Pros & Cons
Pros
Income-Generating Duplex: This property is explicitly marketed as a 2-unit residential income property, ideal for investors seeking a multi-family asset.
Positive Cash Flow: The listing highlights 'Positive Cash Flow' with established rents of $2100/month for the front unit and $2350/month for the back unit, totaling $4450/month.
Tenant-Paid Utilities: A significant advantage for landlords, tenants are responsible for Electric, Gas, and Water, reducing the owner's operating expenses.
Diversified Income Stream: The duplex configuration (2 bed/1 bath and 3 bed/2 bath units) provides two separate rental incomes, mitigating risk compared to a single-unit rental.
Established Rental History: Specific current rental amounts are provided, indicating the property is already occupied and generating income, offering immediate returns for a new owner.
Cons
Sold AS-IS Condition: The property is being sold 'AS-IS,' which typically means the seller will not make repairs, placing the burden of any necessary renovations or deferred maintenance on the buyer.
Property Age: Built in 1964, the property is over 50 years old, suggesting that major systems (plumbing, electrical, roofing) and finishes may be original or dated, potentially requiring significant capital expenditures in the near future.
Lack of Renovation Details: While generating income, the description does not mention any recent upgrades or renovations, implying the units may be in original or dated condition, which could limit future rent increases without buyer investment.