Two-Unit Four-Bedroom
New
For Sale
$1,250,000
1113 W Mcfadden, Santa Ana, CA 92707
Each fully leased home has a private patio, while gas and electric service are metered separately.
Property Size2,368 SF
Lot Size0.16 Acres
Price / SF$527.87
Days on Market4
Property Features for 1113 W Mcfadden
General Information
Standard status
Active
Size
2,368 SF
Total Parking Spaces
6
Lot size
0.16 Acres
Property subtype
Duplex
Occupancy
100%
Site & Location
Neighborhood
Pico-Lowell
Highway Access
Yes
Units
Unit Mix
2 x 4BR/2BA
Multifamily Units
2
Individually Metered Utilities
gas, electric
Additional Details
Gross Income
$86,400
Tenant in Place
Yes
Amenities
security screen doors
private fenced patio
Building Details
Building Size
2,368 SF
Year Built
1984
Buildings
1
Stories
1
Listing Agency:
Kirklen Investment Group
Listed By:
Justin Butler · License #02092220
Source:
Altamirarealty
Added: Oct 29
Changed: Oct 31
Last Checked: Oct 30 at 2:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kirklen Investment Group
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Investment Insights
Based on property information with market context.
This single-story duplex, built in 1984, contains two four-bedroom, two-bath units. The building measures approximately 2,368 square feet on a 7,165-square-foot parcel. Each unit has a fenced patio, and the property includes a three-car garage, three open parking spaces, security screen doors, and separate gas and electric meters. Both units are leased.
Mater Dei High School is approximately 0.07 miles away; Santa Ana College and Downtown Santa Ana are 1.8 miles away, and South Coast Plaza is 3.1 miles away. The property provides access to SR-55 and I-5.
Mater Dei High School is approximately 0.07 miles away; Santa Ana College and Downtown Santa Ana are 1.8 miles away, and South Coast Plaza is 3.1 miles away. The property provides access to SR-55 and I-5.
Key Highlights
- Two four‑bedroom, two‑bath units
- Approximately 2,368 square feet on a 7,165 square foot parcel
- Built in 1984; single‑story duplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,060
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$821,200
$821.2K
Cap Rate 7%
$586,571
$586.6K
Cap Rate 9%
$456,222
$456.2K
Market Conditions
NOI Build-Up for 2,368 SF
Gross rent
$61.1K $25.80/SF
− Vacancy
−$2.4K −$1.03/SF
EGI
$58.7K $24.77/SF
− OpEx
−$17.6K −$7.43/SF
NOI
$41.1K $17.34/SF
Area
ZIP 92707
Vacancy
3.99%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$821,200
Cap Rate 7%
$586,571
Cap Rate 9%
$456,222
Alternative Uses
Best Use
Multifamily LT 5
$586.6K
$513.3K – $684.3K
NOI $41,060 @ 7.0% cap · market cap 3.28%
Second Best
Apartment 5plus
$541.1K
$473.5K – $631.3K
NOI $37,880 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$649.3K
$568.2K – $757.6K
NOI $45,454 @ 7.0% cap · market cap 3.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
Explore this area
Business Placement
Demographics for 92707, CA
56,456
Population
14,767
Households
3.8
Avg Household Size
33
Median Age
17%
College-Educated
65%
High-School Grad
5.2 sq mi
ZIP Area
10,857
Density / Sq Mi
$99,491
Median Household Income
$35,582
Median Earnings
$2,141
Median Rent
$635,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each fully leased home has a private patio, while gas and electric service are metered separately.
Where is this duplex located?
The property is located at 1113 W Mcfadden Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two four‑bedroom, two‑bath units; Approximately 2,368 square feet on a 7,165 square foot parcel; Built in 1984; single‑story duplex
