1920 Sherry Ln | Santa Ana, CA 92705
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1920 Sherry Ln
Santa Ana, CA 92705
Sherry Lane Garden Homes · Multifamily Property For Sale · 62 Units
Investment Highlights
- Untapped Upside: Only 28 of the 62 units (45%) have been renovated affording the Buyer recaptures over 22% Loss-to-Lease
- Best of Santa Ana: 2022 "The Best of Santa Ana" Award Winning Community
- Location: Highly sought-after & centralized Orange County community.
- Highly Desirable Floor Plans: 2-bed/2-bath Single Story Floor Plans in a Low Density setting
- Access to Tustin Schools: Residents have access to the reputable Tustin School District.
PROPERTY FACTS
| No. Units | 62 | Building Size | 65,119 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1964/2019 |
| Building Class | B | Parking Ratio | 2.03/1,000 SF |
| Lot Size | 6.30 AC |
| No. Units | 62 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 6.30 AC |
| Building Size | 65,119 SF |
| Average Occupancy | 97% |
| No. Stories | 1 |
| Year Built/Renovated | 1964/2019 |
| Parking Ratio | 2.03/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- High Speed Internet Access
- Range
- Tub/Shower
- Carpet
- Yard
- Dining Room
- Window Coverings
Site Amenities
- Property Manager on Site
- Cabana
- Package Service
- Maintenance on site
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 62 | $2,495 | 1,080 |
PROPERTY TAXES
| Parcel Number | 396-031-15 | Improvements Assessment | $5,100,000 |
| Land Assessment | $22,440,000 | Total Assessment | $27,540,000 |
PROPERTY TAXES
Parcel Number
396-031-15
Land Assessment
$22,440,000
Improvements Assessment
$5,100,000
Total Assessment
$27,540,000
zoning
| Zoning Code | R4 (The underlying zoning is R3 Class I (22 units per Acre)) |
| R4 (The underlying zoning is R3 Class I (22 units per Acre)) |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
