HIGHEST CAP RATE ON MARKET IN ORANGE COUNTY! 11 OF 14 UNITS RECENTLY RENOVATED. RENOVATIONS INCLUDE: BRAND NEW SUBPANELS, FIXTURES, LIGHTING, CABINETS, TOILETS, COUNTERTOPS, BATHROOMS, WALL HEATERS, INTERIOR PAINT, AND RE-GLAZED BATHTUBS. MOST UNITS HAVE LARGE WALK IN CLOSETS! EXTERIOR RENOVATIONS INCLUDE: ROOF REPAIRS, NEW PAINT, NEW PARKING LOT LINING, LANDSCAPE, AND SIGNAGE. THE PROPERTY IS SITUATED ON A CORNER LOT WITH AMPLE STREET PARKING IN ADDITION TO 11 PARKING STALLS. THE BUILDING IS WALKING DISTANCE FROM SANTA ANA HIGH SCHOOL, CITY CENTER AND HISTORIC DOWNTOWN SANTA ANA!