1148 W Civic Center Drive, Santa Ana, CA 92703
- $3,075,000
- $328
1148 W Civic Center Drive, Santa Ana, CA 92703
- $3,075,000
- $328
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
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Address: 1148 W Civic Center Drive
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City: Santa Ana
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State/county: CA
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Zip/Postal Code: 92703
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Area: 699 - Not Defined
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Country: United States
Details
Updated on September 10, 2024 at 3:39 am-
Property ID SGR-33812692
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Price $3,075,000
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Land Area 17428.00 m²
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Garage 0.00
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Year Built 1963
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Property Type Residential Income
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Property Status For Sale
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Living Area 9385.00
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MLS# PW24172731
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Office Name MORGAN SKENDERIAN
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Agent Name Rick Applebaum
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MLS Status Active
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Living Area Prefix Sqft
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Co-Office Name Morgan Skenderian
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Co-Agent Name Paul Espinosa
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Agent State License 01273871
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Co-Agent State License 01942627
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IDX Contact Info rma@morganskenderian.com
Additional details
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Sewer Public Sewer
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County Orange
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Property SubType Commercial/Residential
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Parking 21.00
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Water Source Public
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