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1416 N Spurgeon Street

Santa Ana, CA 92701
  • $4,580,000
  • STATUS: Active
  • ON SITE: 236 Days
  • ID#: OC24071887
UPDATED: 120 min ago
$4,580,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Ratings & Info

Listing Agent(s): Ruben Khorsandi of Alliance Investment RE Group (949-250-0400)


Description

VALUE ADD OPPORTUNITY! SUBMIT ALL OFFERS!!CHEAPEST PRICE PER UNIT PROPERTY 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) and is 100% occupied 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). CHEAPEST PRICE PER UNIT PROPERTY 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.Please call listing office for more information.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-11T00:27:44.937. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/149309205
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1416 N Spurgeon Street Santa Ana, CA 92701

  • Price: $4,580,000
  • Status: Active
  • On Site: 236 Days
  • Updated: 120 min ago
  • ID#: OC24071887
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1978
Built
Neighborhood:
Other
County:
Orange
Area:
70 - Santa Ana North of First
Property Description
VALUE ADD OPPORTUNITY! SUBMIT ALL OFFERS!!CHEAPEST PRICE PER UNIT PROPERTY 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) and is 100% occupied 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). CHEAPEST PRICE PER UNIT PROPERTY 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.Please call listing office for more information.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 16-20 Units/Acre Number Of Separate Electric Meters 21 Open Parking Spaces 16 Parking Total 22 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features CurbsGutter(s)Street LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 305544 Gross Scheduled Income 305544 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to Existing Loan Net Operating Income 216560 New Construction YN No Number Of Separate Gas Meters 21 Number Of Separate Water Meters 1 Number Of Units Leased 20 Operating Expense 88984 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-11T00:27:44.937. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Ruben Khorsandi of Alliance Investment RE Group (949-250-0400)