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1054 W Santa Ana Blvd
Santa Ana, CA 92703
Park Downtown Luxury Apartments · Multifamily Property For Sale · 46 Units

INVESTMENT HIGHLIGHTS

  • Buyer to Get New Financing OR Assume Current Loan of $6,408,000, P/I, Libor+186, FMAC Loan, Due 12/1/24 (Currently 2.01% Rate)
  • Grade Level Security Gated and Covered Parking Available for Tenants. Gated Entry with Call Box and Security Camera System in Place
  • Thirty of Forty-Six Units Received Extensive Interior & Exterior Renovations in 2018-2019
  • Beautifully Renovated Property with Nice Curb Appeal & Rental Upside. Spacious Floor Plans, Great Unit Mix of Two-Bed, One-Bed, and a Studio
  • Newer Built in 1985, Elevator Served with Multiple Well-Kept Laundry Room for Tenant Use
  • Units Include Private Patios, Air Conditioning, Garbage Disposals, and Upgraded Kitchen and Bathrooms

PROPERTY FACTS

No. Units 46
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.60 AC
Building Size 31,187 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1985/2019
Parking Ratio 1.92/1,000 SF
Zoning P

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Ceiling Fans
  • Kitchen
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Security System
  • Elevator

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 $1,295 587
1+1 37 $1,523 624
2+2 8 $2,020 939

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
405-161-41
Land Assessment
$9,850,132
Improvements Assessment
$3,247,296
Total Assessment
$13,097,428
  • Listing ID: 20946649

  • Date on Market: 9/14/2020

  • Last Updated:

  • Address: 1054 W Santa Ana Blvd, Santa Ana, CA 92703

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