For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,850,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24097102
Sold Date 12/09/24
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.
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
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscal.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Paul Espinosa • Morgan Skenderian