Sold for $4,150,000

Listing Provided by: Advance Estate Realty

Bought with: Advance Estate Realty

$4,150,000

1010 N Bewley St, Santa Ana, CA 92703

18beds

9baths

8,435sqft

Multi Family

Built in 1944

-- sqft lot

$-- Zestimate^®

$492/sqft

$4,214 Estimated rent

Home value

Not available

Estimated sales range

Not available

$4,214/mo

Zestimate^® history

Owner options

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$4,214/mo

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$4,214/mo

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$26,086/mo

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$26,086/mo

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What's special

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!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 18
Bathrooms: 9

Bedroom

Features: All Bedrooms Down

Heating

Ductless

Cooling

Ductless

Appliances

Included: Disposal, Gas Range, Range Hood
Laundry: Inside

Features

Quartz Counters, All Bedrooms Down
Flooring: Vinyl
Windows: Double Pane Windows
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 8,435
Total interior livable area: 8,435 sqft

Property

Parking

Total spaces: 14
Parking features: Door-Multi, Door-Single, Driveway, Garage Faces Front, Garage
Garage spaces: 14

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Entry location: 1
Pool features: None
Fencing: None

Lot

Size: 0.93 Acres
Features: Yard

Details

Parcel number: 19823108
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1944

Utilities & green energy

Electric: Electricity - On Property
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Community & neighborhood

Community

Community features: Street Lights

Location

Region: Santa Ana
Subdivision: Unknown

HOA & financial

Other financial information

Total actual rent: 307430

Other

Other facts

Listing terms: Contract,1031 Exchange
Road surface type: Paved

Price history

Date	Event	Price
6/25/2025	Sold	$4,150,000-7.8%$492/sqft
Source: CRMLS #OC25069662 Report a problem
3/31/2025	Listed for sale	$4,499,000+80%$533/sqft
Source: CRMLS #OC25069662 Report a problem
3/23/2023	Contingent	$2,500,000$296/sqft
Source: CRMLS #NP23040256 Report a problem
3/10/2023	Listed for sale	$2,500,000$296/sqft
Source: CRMLS #NP23040256 Report a problem