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$3,200,000
Est. payment /mo
1 BA
10,206 Sqft Lot
Contingent
1328 N Durant Street Santa Ana, CA 92706
UPDATED:
10/01/2024 11:38 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID PW24097102
HOA Y/N No
Lot Size 10,206 Sqft
Property Description
Pleased to present 1328 North Durant Street located in Santa Ana, CA. This impressive property features (16) spacious 1BR/1BA-Jr.* units, averaging 781 SF. Boasting recent capital improvements totaling approximately $104,000, this well-maintained property presents a compelling investment with a $200,000 price per unit and an enticing 9.9% CAP rate based on market rents. Residents will enjoy community garage parking, patios, balconies, and A/C, making this an attractive prospect for the discerning investor seeking a lucrative addition to their portfolio. *1BR/1BA-Jr are legal studio units with a partition or furniture dividing bedroom area.
Pleased to present 1328 North Durant Street located in Santa Ana, CA. This impressive property features (16) spacious 1BR/1BA-Jr.* units, averaging 781 SF. Boasting recent capital improvements totaling approximately $104,000, this well-maintained property presents a compelling investment with a $200,000 price per unit and an enticing 9.9% CAP rate based on market rents. Residents will enjoy community garage parking, patios, balconies, and A/C, making this an attractive prospect for the discerning investor seeking a lucrative addition to their portfolio. *1BR/1BA-Jr are legal studio units with a partition or furniture dividing bedroom area.
Pleased to present 1328 North Durant Street located in Santa Ana, CA. This impressive property features (16) spacious 1BR/1BA-Jr.* units, averaging 781 SF. Boasting recent capital improvements totaling approximately $104,000, this well-maintained property presents a compelling investment with a $200,000 price per unit and an enticing 9.9% CAP rate based on market rents. Residents will enjoy community garage parking, patios, balconies, and A/C, making this an attractive prospect for the discerning investor seeking a lucrative addition to their portfolio. *1BR/1BA-Jr are legal studio units with a partition or furniture dividing bedroom area.
Location
State CA
County Orange
Area Oc - Santa Ana (92706)
Zoning Assessor
Building
Lot Description Sidewalks
Story 3
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $341
Acceptable Financing Cash, Exchange, Land Contract
Space Rent $1,447
Listing Terms Cash, Exchange, Land Contract
Listed by Rick Applebaum • Morgan Skenderian