Sold
931 935 S Standard Avenue
Santa Ana CA, 92701
$4,525,000
$306.07 per sqft
Sold
14,784 sqft
Condo
Built in 1958
Listed by Mike Marcu with Mike Marcu, Broker 909-371-1322
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.
OC23027454
MLSⓇ ID
February 15, 2023
Listed
March 23, 2024
Updated
Map
931 935 S Standard Avenue
Santa Ana CA, 92701
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.18 Acres
Lot Features
16-20 Units/Acre
Sewer
Sewer Tap Paid
Other Property Details
Area Name
699 - Not Defined
Days on Market
159
Garage
No
Parking
Assigned
Parking Total
24
View
No
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Zoning
R3
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
10/17/2023 | Price Change | $4,525,000 -13% |
10/17/2023 | Sold | $4,525,000 |
7/26/2023 | Under Contract | — |
Listing Contact: 909-371-1322
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 3/23/2024 at 1:23 AM UTC