1010 N Bewley Street

Santa Ana, CA 92703

$4,499,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1944

calendar_month Built

Property Description

Fully remodeled 2-bed, 1-bath detached units on nearly 1 acre—each featuring private yards, 1–2 car garages, and extended driveways for ample parking. Seller invested approx. $300,000 in capital improvements, including luxury vinyl plank flooring, quartz countertops, new cabinets, upgraded bathrooms, split AC systems, and dual-pane windows. Tenants pay all utilities; owner only covers gardening. Rents are currently 10–20% below market, offering excellent upside. CAP rate is 5.86% with minimal operating expenses. Development Potential: City has preliminarily approved 4 additional units, with garage-to-ADU conversion potential. Zoning may allow up to 18 units with density bonus (buyer to verify). A rare opportunity to acquire a high-performing asset with strong cash flow and significant redevelopment potential!

Listing Information

List Price $4,499,000
Status Active
MLS OC25069662
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1944
Lot Size 40,685
Structure Size N/A
Courtesy Of Advance Estate Realty
Listing Agent Long Nguyen DRE#01391629
Co-Listing Agent Hang-Ny Nguyen DRE#02104933

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Vinyl
Fireplace Information
Features None
Additional Information
Additional Features Quartz Counters, All Bedrooms Down
Cooling Type
Cooling Type Ductless
Heating Type
Heating Type Ductless

Maps

home_work Nearby Properties

Listing information courtesy of: Long Nguyen, Hang-Ny Nguyen, Advance Estate Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 31st, 2025 at 11:57 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.