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Listed by Carl Reinhart • Carl Reinhart, Broker
$ 2,200,000
Est. payment | /mo
5,849 SqFt
$ 2,200,000
Est. payment | /mo
5,849 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 5,849 sqft
Price per Sqft $376
MLS Listing ID CRPW24155809
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1964
Lot Size 9,627 Sqft
Property Description
The subject consists of a two-story, nine-unit woodframe and stucco apartment building constructed in 1964 and last renovated in 2024, when the owners painted the exterior stucco and trim, replaced the roof, windows, many of the HVAC units, bathroom sinks and light fixtures. There are eight one bedroom/one bath units, each approximately 625 square feet in size and one two bedroom/one and one-half bath two-story townhouse approximately 900 square feet in size. The property has an outstanding location just two short blocks directly north of the main portion of the Santa Ana Civic Center. Santa Ana is the county seat and is the location of most of the major city, county, state and federal government buildings in Orange County. Parking in the Civic Center area is scarce and expensive, so the ability to walk to the Civic Center is a major attraction of this location. The property includes six covered carport spaces plus six uncovered spaces. Many similar-sized apartment buildings have been renovated or have been newly-constructed in the neighborhood. Rental rates at the property are low and very rarely are there vacancies in the building. Most apartment buildings with the city of Santa Ana, including the subject, are subject to city and state rent stabilization regulations. The rental
Location
State CA
County Orange
Interior
Heating Electric
Cooling Other
Flooring Vinyl, Carpet
Fireplace No
Appliance Dryer, Electric Water Heater
Laundry Dryer, Washer, Other
Exterior
View Other
Building
Lot Description Level, Other, Front Yard, Garden, Paved
Water Public
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745