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Listed by Rick Applebaum • Morgan Skenderian
$3,200,000
Est. payment /mo
12,506 SqFt
UPDATED:
10/01/2024 02:48 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 12,506 sqft
Price per Sqft $255
MLS Listing ID CRPW24097102
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1979
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.
Location
State CA
County Orange
Interior
Fireplace No
Laundry Other
Exterior
Parking Type Other
Building
Water Public
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