$3,800,000
$3,800,000
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0.26 Acres Lot
SOLD DATE : 05/11/2021
Key Details
Sold Price $3,800,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID TR21081726
Sold Date 05/11/21
HOA Y/N No
Year Built 1984
Lot Size 0.260 Acres
Property Description
Great investment opportunity in Santa Ana. This 20 units apartment has been under long-term ownership with professional management for over 20 years. This easy-to-manage property is secured by electronic gate opener. First floor of the building is parking space and all the units are on 2nd and 3rd floor. This wonderful apartment is located in the heart of orange county, with easy access to the 5 freeway and close to public transportation, shopping, restaurants, and markets. All units are individually metered for both gas and electricity, with own parking spot in the garage. Great unit mix with 4 units 2beds/2 baths, 4 units 1 bed/1 bath, and 12 units studio. There are many long-term tenants, rent are very low with huge upside potential.
Location
State CA
County Orange
Area 70 - Santa Ana North Of First
Interior
Fireplace No
Laundry Laundry Room
Exterior
Carport Spaces 25
Pool None
Community Features Urban
Total Parking Spaces 25
Private Pool No
Building
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 00314143
Energy Description 870.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Mike Marcu • Mike Marcu, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States