Current Cap Rate can potentially increase to 5.42 % if existing rental amounts are adjusted to market rates. ***Front Unit: Two bedrooms, one bath. Newer windows and tile flooring. Updated kitchen. Small private front yard. Bonus room added to the back of the front house. Shared driveway easement with neighbors. ***Back Unit: Two bedrooms, one bath. Private yard space and parking. Both units are permitted by the city of Santa Ana ***Architectural plans for a THIRD UNIT have been submitted to the City of Santa Ana and is in the process to obtain FINAL APPROVAL.