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2228 Joana Drive, Santa Ana, CA 92705
$1,440,000
2228 Joana Drive, Santa Ana, CA 92705View this property at 2228 Joana Drive, Santa Ana, CA 92705
2228 Joana DriveSanta AnaCA92705
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Property Description
HUGE PRICE REDUCTION!!! $285,000 BELOW RECENT SALES COMP ACROSS THE SAME STREET ..... Sold on January 6, 2023 at $1,735,000. Hurry on this one!!!- CALL ALL YOUR BUYERS TO LET THEM KNOW ABOUT THIS GREAT OPPORTUNITY. SUBMIT ALL OFFERS!!!! Excellent Investment!!! 16.70 X Gross at current rents and 12.94 GRM at market rents!!! What a great buy!!! You won't find a better buy in Orange County, especially for a Nice Covington Style 4-plex in a Great location near the cities of Orange and Tustin. All units are good size and the 3 bedroom unit and one of the 2 bedroom units have been recently remodeled. Conveniently located just west of the 55 Fwy and just south of the 22 Fwy. Great corner location within tract. Rents are below market with room to increase and build in equity.
Full Property Details
Full Property Details for 2228 Joana Dr
General
- Sold For: $1,440,000
- Status: Closed
- Type: Multi-Family
- MLS ID: OC23146573
- Added to Site: 309 day(s) ago
Interior
- Fireplace(s): Living Room
Rooms
Other Rooms
- Laundry: Community, Dryer Included, Gas Dryer Hookup
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: 70 - Santa Ana North of First
- County: Orange
- Development Name: 70 - Santa Ana North of First
- Driving Directions: East of Tustin Ave. and North of Santa Clara Ave
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Roof: Shingle
- Entry Location: Ground
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,110
- Year Built: 1969
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.18
- Lot Size Source: Assessor
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $350.36
- Price Per Unit: 362500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by New Dimension Investment Prop, Bob Walz
Sold by Investment Capital Real Estate, Ignacio Diaz Jr.
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Schools
Schools serving 2228 Joana Dr
School District:Orange Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2800 E La Veta Ave, Orange, CA 92869 | K-6 | 0.9 mi | |
Santiago Middle School
515 N Rancho Santiago Blvd, Orange, CA 92869 | 7-8 | 2.7 mi | |
3920 E Spring St, Orange, CA 92869 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2228 Joana Dr
Date
Details
Price
Change
Source
12/19/2023
Sold
$1,440,000
-0.69%
MLS
11/13/2023
Price Reduced
$1,450,000
-3.27%
MLS
11/02/2023
Price Reduced
$1,499,000
-6.25%
MLS
9/16/2023
Price Reduced
$1,599,000
-3.09%
MLS
8/07/2023
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2228 Joana Drive, Santa Ana, CA 92705 (MLS# OC23146573) is a Multi-Family property that was sold at $1,440,000 on December 19, 2023. Want to learn more about 2228 Joana Drive? Do you have questions about finding other Multi-Family real estate for sale in Santa Ana? You can browse all Santa Ana real estate or contact a Coldwell Banker agent to request more information.