1416 N Spurgeon St - Apartments FOR SALE


Santa Ana, CA 92701
$4,580,000 USD
949-683-6662
1416 N Spurgeon St, Santa Ana, CA for Sale
$4,580,000 USD
Apartments - FOR SALE
1/4
null | 4.51% Cap Rate

1416 N Spurgeon St
Santa Ana, CA 92701


HIGHLIGHTS

  • VALUE ADD OPPORTUNITY! 1978 Construction - Gated Community with Garages & Covered Parking
  • 100% Occupied with huge upside in rents
  • Individually metered for both Gas & Electric
  • Great unit mix of 1 bedroom & Studio units
  • On Site laundry room (Owned)
  • Close to an Elementary School, Shopping, Restaurants, and Freeways.

OVERVIEW

UPDATED PRICING!! VALUE ADD OPPORTUNITY! SUBMIT ALL OFFERS!! CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!! Alliance Investment Real Estate Group is pleased to offer for sale this well-located gated property in the highly desirable French Park neighborhood that's located in the North end of the Historic French Park neighborhood. This property is well located and next to an Elementary School, Shopping, Restaurants for tenants, and the freeway. This property is located just minutes away from the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1978 construction community is individually metered for both Gas & Electric (tenant pays for this) and is 100% occupied with huge rental upside. This community also has on site laundry room (that is owned) and has plenty of parking space (offering both garages & covered gated parking). CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!! SUBMIT ALL OFFERS!! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Please call listing office for more information.

FOR SALE DETAILS

PRICE

$4,580,000 USD

PRICE/SF

$421 USD /SF

# OF UNITS

20

PRICE/UNIT

$229,000

CAP RATE

4.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

R3, Santa Ana

APN/PARCEL ID

398-133-29

ASK ABOUT THIS PROPERTY

Ruben KhorsandiAlliance Investment Real Estate GroupMore Info
949-683-6662

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Ruben KhorsandiAlliance Investment Real Estate GroupMore Info
949-683-6662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.