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Updated almost 3 years ago on .

User Stats

9
Posts
3
Votes
Leo Quinones
  • Real Estate Consultant
  • San Francisco, CA
3
Votes |
9
Posts

House Hack of the Day (Santa Ana, CA)

Leo Quinones
  • Real Estate Consultant
  • San Francisco, CA
Posted

Hello everyone! I am constantly on the hunt for HH homes all over the LA/OC area and decided to start sharing interesting properties I come across here on Bigger Pockets.

I am a Real Estate agent in the Los Angeles/Orange County area and I was involuntarily introduced to house-hacking by one of my first clients back in 2016. She opened my eyes to the power of house hacking and I have since sold her many homes since. I strongly believe it's one of best ways to start in real estate.

About this home:
Santa Ana is where I first started looking for house hacks and one this is for sure, it has a very strong rental market. This home was originally a 1 bed/1bath SFH and in 1980 the owners added another bedroom (165sf) and a guest home behind the garage (270sf). In 1991 they added an enclosed patio behind the 2nd bedroom (190sf) which has since been converted to a master bedroom without permits but done professionally.

I'm a fan of multiple exit plans, and this home seems to offer many! You could:

• live in the main house as 2bd and rent out the master bedroom and guest house
• live in the either the master bedroom or guest house and rent out the main home
• convert the garage
• test out STR (short term rental), while still producing steady rental income from other unit.

It just all depends on where you land on the Comfortability vs Profitability index.

- 2 Bed, 1 Bath + Jr.ADu + ADU | 1,319 sf + 190sf (unpermitted) | 5,220 sf lot

• 2 Car Garage (detached)

I would love to hear the community's feedback! Is this something you would like to see more of? Any concerns or insights are also helpful too, as I am always wanting to learn more 😊

*** Also, I do want to state that this home is a listing of mine***