Listed by Mike Marcu with Mike Marcu, Broker

931 935 S Standard Avenue

Santa Ana, CA, 92701

$5,180,000

$350 per ft²
$5,180,000
$350 per ft²
Active
Active
 - For Sale
carpenters-square
14,784 ft²
property_type
Multi-family
calendar
Built 1958
With a proven market rent upside, including a RUBS program for water, sewer, and trash, this offering provides an attractive "Going In" capitalization rate approaching 5% and a very attractive "Market Rent" capitalization rate. The existing loan of approximately $3,170,000 can be assumed, at a fixed interest rate of 2.90%, or a new loan can be placed on the property. Rents are effective March 1st, 2023.
MLS® ID:
OC23027454
Listed:
2/14/23
Updated:
3/31/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Area

Exterior/Building Features

Lot Size
7,841 ft² lot
Lot Details
16-20 Units/Acre
Sewer
Sewer Tap Paid

Other Property Details

Area Name
699 - Not Defined
Association Amenities
Curbs, Urban
Garage
No
Parking
Assigned
Parking Total
24.0
View
N
County
Orange
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Zoning
R3
Buyer Agency Compensation
2.000

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/31/23. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 3/31/23 at 9:35 PM UTC

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