849 N Van Ness Ave - Apartments FOR SALE


Santa Ana, CA 92701- Willard
$2,500,000 USD
714-401-2855
849 N Van Ness Ave, Santa Ana, CA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/8
null | 4.64% Cap Rate

849 N Van Ness Ave
Santa Ana, CA 92701
Willard


HIGHLIGHTS

  • Turn Key Modern Architecture 6 units Apartment Complex
  • Prime Central Orange Coun Each unit has Central and AC/Heating
  • Each unit Has their own single car garage (also 2 open space parking $100 ty Location)
  • Individually metered for electric and gas
  • Each unit has a tankless water heater
  • Excellent unit mix - 4 (2+1), 2 (1+1) /100% Occupied

OVERVIEW

Introducing a prime 6 unit investment opportunity in Central Orange County – a turnkey modern architecture apartment complex, located in an opportunity zone and near the Civic Center, Courts and revitalized downtown retail/restaurant district in Santa Ana. Each unit is complete with central AC/heating, single car garage plus additional onsite parking, washer & dryer (combo unit), tankless water heater, individually metered for electric and gas, ensuring ease of management and cost efficiency. The units feature numerous interior renovations including: new countertops, cabinetry, stainless steel appliances, planking, paint and much more. With an excellent unit mix of 4 (2+1) and 2 (1+1 ) and a sought-after location, this opportunity is ideal for the savvy multifamily/investor looking for a turn key investment with near market rental rates and cap rates already in place

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$556 USD /SF

# OF UNITS

6

PRICE/UNIT

$416,667

CAP RATE

4.64%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R2

APN/PARCEL ID

005-144-01

ASK ABOUT THIS PROPERTY

Ed DiazVanguard Property GroupMore Info
714-401-2855

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Ed DiazVanguard Property GroupMore Info
714-401-2855

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