Property listed by Advance Realty, Patricia Garcia-Velasquez 714-404-9868
$849,000
Welcome to the Gowdy House, a classic Craftsman triplex located in the highly sought-after Historic French Park neighborhood and designated as a contributive property on Santa Ana’s Historic Properties list, check for possible qualification for Mills Act. Rich in character and architectural charm, this is a rare opportunity to own… Read More a piece of local history with strong income potential. The property features three units: Unit A is a spacious ground-level residence of approximately 1,027 sq ft(buyer to verify), offering 2 bedrooms with a Jack-and-Jill layout, 1 1/4 bath, a formal living room, dining area with built-in buffet, as well as a separate laundry room and pantry. Unit B is located upstairs and is approximately 725 sq ft(buyer to verify), configured as a 1-bedroom, 1-bath with potential to easily create a second bedroom. Unit C is a downstairs studio unit of approximately 312 sq ft(buyer to verify), ideal for additional income or flexible use. An exceptional opportunity for an owner-user, this “live in one and rent the others” setup provides the ability to offset your mortgage while enjoying the character of a historic home, with added flexibility for multigenerational living. Investors will be drawn to the triplex layout, delivering multiple income streams and significant upside through cosmetic improvements and potential ADU expansion (buyer to verify). Additional features include a welcoming front porch, basement for added storage or potential use, and a detached rear storage structure that may offer ADU conversion potential (buyer to verify with the City). Recent improvements include a newer composition shingle roof and updated electrical panel. This is a fixer with tremendous upside in one of Santa Ana’s most desirable historic neighborhoods. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Triplex
Lot Size
0.1 Acres
Year Built
1911
MLS Number
PW26114732
Additional Details
Building
Built in 1911, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: front, Construction Materials: WoodSiding
Community
Curbs, Sidewalks
Disclosures
Easements, RentControl
Expenses
Insurance: $4,602, Operating: $15,214
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $48,000, Net Operating Income: $32,786
Laundry
Inside
Lot
0.1 acres, ZeroToOneUnitAcre
Parking
2 open parking spaces, 2 total parking spaces, Driveway
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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