425 E Wellington Ave | Santa Ana, CA 92701
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- LoopNet Team
425 E Wellington Ave
Santa Ana, CA 92701
Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- Over $1,000,000 in Recent Renovations
- Strong Unit Mix Includes One- & Two-Bedroom Floor Plans
- Ownership Received Certificate of Occupancy & Is Currently Leasing the Property
- Located in an Opportunity Zone
- ADU Potential - Potential to Build (2) 1B/1B Accessory Dwelling Units (ADU)
- Ideal Floral District Location (Walk Score: 87) - Walk to Downtown Santa Ana
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 5,266 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1941/2023 |
| Building Class | C | Parking Ratio | 1.71/1,000 SF |
| Zoning | SD - Specific Development | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 5,266 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1941/2023 |
| Parking Ratio | 1.71/1,000 SF |
| Zoning | SD - Specific Development |
AMENITIES
UNIT AMENITIES
- Kitchen
SITE AMENITIES
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $2,383 | 552 |
| 2+1 | 1 | $3,245 | 850 |
PROPERTY TAXES
| Parcel Number | 398-028-12 | Improvements Assessment | $256,588 |
| Land Assessment | $2,848,412 | Total Assessment | $3,105,000 |
PROPERTY TAXES
Parcel Number
398-028-12
Land Assessment
$2,848,412
Improvements Assessment
$256,588
Total Assessment
$3,105,000
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