$1,725,000
$1,750,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
1 Bath
6,969 Sqft Lot
SOLD DATE : 04/04/2022
Key Details
Sold Price $1,725,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22012191
Sold Date 04/04/22
HOA Y/N No
Lot Size 6,969 Sqft
Property Description
Pleased to present the Walnut Street Apartments, an 8-unit turnkey apartment building located in Santa Ana, CA. The building is composed of all recently upgraded studios that come with laminate wood floors, Formica countertops, upgraded showers and vanities, new kitchen cabinets, pulldown kitchen sink faucets, refrigerators, gas stoves, and gas wall heating. The property is individually metered for gas and electricity, has a laundry facility, large private patios (downstairs units), gated carport parking, dual-pane windows, and an outdoor common area. This property offers an investor the opportunity to purchase the highest cap rate in Orange County with 75% Loan-to-Value already quoted ($1.275 Million).
Pleased to present the Walnut Street Apartments, an 8-unit turnkey apartment building located in Santa Ana, CA. The building is composed of all recently upgraded studios that come with laminate wood floors, Formica countertops, upgraded showers and vanities, new kitchen cabinets, pulldown kitchen sink faucets, refrigerators, gas stoves, and gas wall heating. The property is individually metered for gas and electricity, has a laundry facility, large private patios (downstairs units), gated carport parking, dual-pane windows, and an outdoor common area. This property offers an investor the opportunity to purchase the highest cap rate in Orange County with 75% Loan-to-Value already quoted ($1.275 Million).
Location
State CA
County Orange
Area Oc - Santa Ana (92701)
Zoning Public Rec
Building
Lot Description Corner Lot, Sidewalks
Lot Size Range 4000-7499 SF
Sewer Septic Installed
Others
Acceptable Financing Conventional
Space Rent $1,363
Listing Terms Conventional
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Bought with Chris Keramati • Triqor Group
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