1148 W Civic Center Drive, Santa Ana, CA 92703

  • $3,075,000
  • $328
1148 W Civic Center Drive, Santa Ana, CA 92703
  • Residential Income
  • Property Type
  • 0.00
  • Garage
  • 1963
  • Year Built
For Sale
1148 W Civic Center Drive, Santa Ana, CA 92703
  • $3,075,000
  • $328

Overview

Property ID: SGR-33812692
  • Residential Income
  • Property Type
  • 0.00
  • Garage
  • 1963
  • Year Built

Description

Pleased to present the La Mar Apartments, a 14-unit multifamily property, located at 1148 West Civic Center Drive. Built in 1963, this property features a majority of two-bedroom units, offering a compelling investment potential at $219,643 per unit. With a projected 9.2% CAP rate based on market rents, the La Mar Apartments presents a lucrative opportunity. Its highly desirable location near the Santa Ana Police Station and Civic Center adds to its appeal. A motivated seller with no intention of keeping this property makes this an opportunity not to be missed.

  • Address 1148 W Civic Center Drive
  • City Santa Ana
  • State/county CA
  • Zip/Postal Code 92703
  • Area 699 - Not Defined
  • Country United States

Details

Updated on September 10, 2024 at 3:39 am
  • Property ID: SGR-33812692
  • Price: $3,075,000
  • Land Area: 17428.00 m²
  • Garage: 0.00
  • Year Built: 1963
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 9385.00
  • MLS#: PW24172731
  • Office Name: MORGAN SKENDERIAN
  • Agent Name: Rick Applebaum
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Morgan Skenderian
  • Co-Agent Name: Paul Espinosa
  • Agent State License: 01273871
  • Co-Agent State License: 01942627
  • IDX Contact Info: rma@morganskenderian.com

Additional details

  • Sewer: Public Sewer
  • County: Orange
  • Property SubType: Commercial/Residential
  • Parking: 21.00
  • Water Source: Public

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