Santa Ana, CA 92703,1222 W Brook ST
Santa Ana, CA 92703,1222 W Brook ST
Santa Ana, CA 92703,1222 W Brook ST
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$3,075,000

$3,150,000

2.4%
Est.Price: ?

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Est. payment /mo

0.3 Acres Lot


SOLD DATE : 03/15/2021

Key Details

Sold Price $3,075,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID PW20200024

Sold Date 03/15/21

HOA Y/N No

Year Built 1959

Lot Size 0.300 Acres

Property Description

We are pleased to offer 1218-1222 W. Brook Street, a 14-unit multifamily investment opportunity in the exceptionally strong rental market of Santa Ana. Comprised of side-by-side buildings on a single parcel, the Brook Street apartments offers stand out curb appeal with no expense spared on the exterior renovations with modern paint colors and landscaping. The property features new windows, new roofs, new decks & railings and a new asphalt parking lot to name a few. Step inside and you'll find 8 out of the 14 units fully renovated and remodeled. These interiors feature top-notch finishes including all new kitchens with granite countertops and new cabinetry, bathrooms with tile shower walls and new vanities, and tile flooring throughout. The remaining units have also been upgraded to various degrees. Offering true pride of ownership, vast amounts of capital improvements, easily achievable rental increases, and impressive cash-flow with as little as 35% down payment, the Brook Street apartments is a standout investment option in one of the strongest rental markets in all of Orange County.

Location

State CA

County Orange

Area 69 - Santa Ana South Of First

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 8

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

Total Parking Spaces 21

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 01027134

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Rick Applebaum • Morgan Skenderian
Bought with Rick Applebaum • Morgan Skenderian
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880 Roosevelt Suite 250, Irvine, California, 92620, United States

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