Two-Unit
For Sale
$1,060,000
335 Beverly, Santa Ana, CA 92701
Separate front and rear residences provide flexibility for owner occupancy, extended household use, or leasing.
Property Size1,884 SF
Price / SF$562.63
Days on Market40
Property Features for 335 Beverly
General Information
Standard status
Active
Size
1,884 SF
Property subtype
Duplex
Building Details
Building Size
1,884 SF
Year Built
1924
Tenancy
Multi
Listing Agency:
Re/Pro Realty
(714) 305-2169
Listed By:
Andro Chavez · License #01149545
Source:
Stephanieyounggroup
Added: Jun 30
Changed: Aug 2
Last Checked: Aug 7 at 12:54AM
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 Re/Pro Realty
Investment Insights
Based on property information with market context.
Built in 1924, this duplex contains two separate residences totaling 1,884 square feet, with five bedrooms and three bathrooms overall. The front residence includes three bedrooms and two bathrooms, while the rear residence provides two bedrooms and one bathroom. The configuration supports separate household arrangements within one property and can accommodate owner occupancy alongside a second residence or leasing of both units.
The property is located at 335 Beverly in Santa Ana, California, near shopping, restaurants, schools, parks, and major freeways. Its two-residence layout offers a straightforward multifamily format with clearly defined bedroom and bathroom counts across the front and rear units.
The property is located at 335 Beverly in Santa Ana, California, near shopping, restaurants, schools, parks, and major freeways. Its two-residence layout offers a straightforward multifamily format with clearly defined bedroom and bathroom counts across the front and rear units.
Key Highlights
- Two separate residential units in a duplex configuration
- 1,884 square feet with 5 bedrooms and 3 bathrooms
- Front unit includes 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,806
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$816,120
$816.1K
Cap Rate 7%
$582,943
$582.9K
Cap Rate 9%
$453,400
$453.4K
Market Conditions
NOI Build-Up for 1,884 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$61.0K $32.40/SF
− Vacancy
−$2.7K −$1.46/SF
EGI
$58.3K $30.94/SF
− OpEx
−$17.5K −$9.28/SF
NOI
$40.8K $21.66/SF
Area
ZIP 92701
Vacancy
4.50%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$816,120
Cap Rate 7%
$582,943
Cap Rate 9%
$453,400
Alternative Uses
Best Use
Multifamily LT 5
$582.9K
$510.1K – $680.1K
NOI $40,806 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$534.9K
$468.1K – $624.1K
NOI $37,445 @ 7.0% cap · market cap 3.53%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
929
Businesses Nearby
Explore this area
Business Placement
Demographics for 92701, CA
48,789
Population
13,470
Households
3.6
Avg Household Size
32
Median Age
11%
College-Educated
62%
High-School Grad
3.2 sq mi
ZIP Area
15,247
Density / Sq Mi
$68,697
Median Household Income
$33,846
Median Earnings
$1,650
Median Rent
$608,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Separate front and rear residences provide flexibility for owner occupancy, extended household use, or leasing.
Where is this duplex located?
The property is located at 335 Beverly Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,060,000.
What are key features of this property?
This property features: Two separate residential units in a duplex configuration; 1,884 square feet with 5 bedrooms and 3 bathrooms; Front unit includes 3 bedrooms and 2 bathrooms
