Listed by Ruben Khorsandi, Alliance Investment RE Group,

510 S Flower Street

Santa Ana, CA, 92703

$5,699,999

$451 per ft²
$5,699,999
$451 per ft²
Active
Active
 - For Sale
carpenters-square
12,613 ft²
property_type
Multi-family
calendar
Built 1979
We are pleased to present this investment opportunity comprised of a 19 unit gated apartment complex located in the heart of Santa Ana. The unit mix consists of 1 studio, 16 one bedroom, and 2 two bedroom units. The average square footage of the 1 bedroom units is 700 square feet and the 2 bedroom units are approximately 900 square feet. Each unit has a patio/balcony for the tenants to enjoy and is individually metered for Gas & Electric. There is also a laundry room with owned equipment that generates additional monthly cash flow along with rental upside providing the opportunity for a new investor to raise rents for even better cash flow. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.
MLS® ID:
OC22160665
Listed:
7/19/22
Updated:
8/15/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Area, Laundry Room
Heating
Forced Air

Exterior/Building Features

Lot Size
0.43 acres lot
Lot Details
16-20 Units/Acre
Sewer
Public Sewer

Other Property Details

Area Name
69 - Santa Ana South of First
HOA Amenities
Curbs, Sidewalks
Garage
Yes
Garage Spaces
19
Parking
Y
Parking Total
19.0
View
N
County
Orange
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Zoning
R3

 

Listed by Ruben Khorsandi, Alliance Investment RE Group,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/15/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 12:40 AM UTC, 8/15/22

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