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$5,472,000
Est. payment /mo
UPDATED:
12/12/2024 04:25 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24123574
Originating Board California Regional MLS
Year Built 1979
Property Description
Santa Corona North Apartments is a 24-unit multifamily investment property located in Santa Ana, CA. With a prime Santa Ana location, situated between Floral Park and French Park, residents of Santa Corona North Apartments are at the epicenter of all that Santa Ana has to offer. The property is surrounded by an abundance of retail, dining, and entertainment options along 4th Street, 17th Street, and Main Street. Additionally, the property is just under 1.25 miles from Santa Ana College, the 3rd top employer within the city, per Santa Ana's 2023 Annual Comprehensive Financial Report. Furthermore, residents enjoy the property's close proximity to Interstate 5, connecting residents to major employment hubs throughout Orange and Los Angeles Counties. Built in 1979, Santa Corona North Apartments offers a mix of studio and one-bedroom floor plans on a spacious 0.36-acre lot. The property offers highly desirable amenities including private balconies (select units), a gated parking garage and an on-site laundry facility. With current rents below market rates, Santa Corona North Apartments represents a unique value-add opportunity through the execution of a property renovation plan. With a prime Santa Ana location and ample upside, Santa Corona North Apartments represents an enticing oppo
Location
State CA
County Orange
Area 70 - Santa Ana North Of First
Interior
Laundry Community Facility
Exterior
Garage Spaces 26.0
Pool None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 00314140
Special Listing Condition Not Applicable
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Listed by Tyler Leeson • Marcus & Millichap RE Invest
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033