Detached Two-Home
407 N Jackson Street, Santa Ana, CA 92703
For Sale
New
$995,000
Each residence has its own attached garage and private outdoor space.
Property Size1,904 SF
Lot Size0.17 Acres
Price / SF$522.58
Days on Market7
Property Features for 407 N Jackson Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
private outdoor areas
Building Details
Building Size
Year Built
Buildings
Listing Agency:
LE INVESTMENT GROUP
Listed By:
WAYNE KRENTEL · License #01962714
(951) 500-8585
Source:
Altamirarealty
Added: Nov 3
Changed: Nov 7
Last Checked: Nov 8 at 2:55PM
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 LE INVESTMENT GROUP
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Investment Insights
Based on property information with market context.
Two detached residences sit on a 7,405-square-foot lot, with approximately 1,904 square feet of combined living area. Each home has two bedrooms, one bathroom, an attached one-car garage and private outdoor space. Interior and exterior updates have been made. A long driveway offers additional parking and access to the rear residence.
Built in 1961, the property is in Santa Ana near shopping, dining, schools, parks and major transportation corridors. The two homes remain separate while sharing a single parcel.
Built in 1961, the property is in Santa Ana near shopping, dining, schools, parks and major transportation corridors. The two homes remain separate while sharing a single parcel.
Key Highlights
- Two detached residences on one 7,405‑square‑foot lot
- Approximately 1,904 square feet of combined living area
- Each home has 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,474
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,480
$689.5K
Cap Rate 7%
$492,486
$492.5K
Cap Rate 9%
$383,044
$383.0K
Market Conditions
NOI Build-Up for 1,904 SF
Gross rent
$51.4K $27.00/SF
− Vacancy
−$2.2K −$1.13/SF
EGI
$49.2K $25.87/SF
− OpEx
−$14.8K −$7.76/SF
NOI
$34.5K $18.11/SF
Area
ZIP 92703
Vacancy
4.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,480
Cap Rate 7%
$492,486
Cap Rate 9%
$383,044
Alternative Uses
Best Use
Multifamily LT 5
$492.5K
$430.9K – $574.6K
NOI $34,474 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$456.2K
$399.2K – $532.3K
NOI $31,936 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$551.1K
$482.2K – $642.9K
NOI $38,575 @ 7.0% cap · market cap 3.88%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
821
Businesses Nearby
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Business Placement
Demographics for 92703, CA
65,621
Population
14,644
Households
4.5
Avg Household Size
34
Median Age
13%
College-Educated
60%
High-School Grad
4.2 sq mi
ZIP Area
15,624
Density / Sq Mi
$80,817
Median Household Income
$33,363
Median Earnings
$1,922
Median Rent
$585,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Santa Ana, CA
Properties on Market for Duplexes in Santa Ana
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own attached garage and private outdoor space.
Where is this duplex located?
The property is located at 407 N Jackson Street Santa Ana, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two detached residences on one 7,405‑square‑foot lot; Approximately 1,904 square feet of combined living area; Each home has 2 bedrooms and 1 bathroom
