Current Cap Rate can potentially increase to 6.24% if existing rental amounts are adjusted to market rates. This duplex investment opportunity in Orange County consists of two separate units (2234 & 2236). Each unit features two bedrooms, one bathroom, tile flooring in the main areas, carpet in the bedrooms, and a private outdoor patio. Additionally, there’s a one-car garage and an uncovered adjacent parking space for each unit. Recent updates include fresh exterior paint and new overhead piping. The property is conveniently located near 17th St and N Bristol in Santa Ana, close to freeways, Santa Ana College, shopping, and restaurants.
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