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$4,199,900
OC26051314 MLS Active Status
VALUE ADD OPPORTUNITY! SUBMIT ALL OFFERS!! ONE OF THE CHEAPEST PRICE PER UNIT PROPERTIES IN SANTA ANA!!! We are 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) 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). ONE OF THE CHEAPEST PRICE PER UNIT PROPERTIES 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.

1416 N Spurgeon Street, Santa Ana

$5,038,880
OC26051558 MLS Active Status
This value add community is located between the highly desirable French Park & Floral Park neighborhood. This property is minutes away from an Elementary School, Santa Ana College, Shopping/retail, Restaurants/Dining, and the 5 freeway. This property is also in close proximity to the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1979 construction community consists mostly of one bedroom floor plans & studio units and individually metered for both Gas & Electric (tenant pays for this) with huge rental upside. This community also has an on site laundry room and plenty of parking space (garages & covered gated parking) for the tenants. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.

1910 N Spurgeon, Santa Ana

$5,400,000
PW25262411 MLS Active Under Contract Status
IMPORTANT TO NOTE: 11 OF THE 1-BEDROOMS ARE LARGE 729 SQFT. UNITS WITH DENS. THE DENS ARE UTILIZED AS A SECOND BEDROOM AND RENTS ARE CLOSER TO A 2-BEDROOM RENTAL LEVEL! We are pleased to present Casa Los Amigos, a 22-Unit condo community, currently being operated as apartments, in the city of Santa Ana, CA. The property features a mix of spacious 1 and 2-bedroom units, equipped with laminate wood flooring, balconies/patios, stainless steel sinks, gas wall heaters, wall a/c, and ceiling fans. The property amenities include controlled access, gated and covered parking (19 covered, 8 open), lush landscaping, and a shared laundry facility. The asset has been well maintained and professionally managed throughout ownership. Years prior, ownership converted and permitted the units into individually parceled condos, providing a buyer with the opportunity to sell the units individually. Casa Los Amigos currently generates a 6.7% cap rate on existing income, with a proforma cap rate of 8.7%. This well-maintained, pride-of-ownership asset offers investors strong in-place income with significant and flexible upside potential in an excellent location.

2221 E Lenita Lane, Santa Ana

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.