Santa Ana Portfolio
5 Properties Offered at $46,025,000 in Santa Ana, CA
Investment Highlights
- Seller Will Provide Financing
- All Electric Units, Individually Metered, Individual Water Heaters, Garage Parking
- Buildings Can Be Purchased Together or Separate
- 7 Adjacent Parcels Spanning Approximately 8 Acres, Nearly Covering an Entire City Block
- Located in the Desirable Fairhaven Neighborhood of Santa Ana
- First Time on the Market
Executive Summary
We are pleased to present an exclusive portfolio offering in Santa Ana, CA. This unique investment opportunity spans nearly 8 acres, occupying an entire city block, and comprises three apartment buildings, a gas station, and a commercial unit divided into seven parcels. The portfolio includes 210 apartments, each equipped with garage parking, all-electric setups, individual meters, and electric water heaters. The expansive layout boasts two swimming pools, providing attractive amenities for residents and enhancing the property’s appeal. This is a value-add investment opportunity with a current cap rate of 5%, with the potential to achieve over 8% on market rents. Seller financing is available, offering buyers flexible options to optimize their investment returns in a highly sought-after location.
Property Facts
Price | $46,025,000 |
Price / SF | $382.59 / SF |
Cap Rate | 4.61% |
Sale Type | Investment |
Status | Active |
Number of Properties | 5 |
Individually For Sale | 0 |
Total Building Size | 120,300 SF |
Total Land Area | 7.66 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
Beechwood Apartments
1221 Beechwood St, Santa Ana, CA 92705 |
Multifamily | 48,193 SF | 1969 | - |
Villa Clara Apartments
1220 E Santa Clara Ave, Santa Ana, CA 92705 |
Multifamily | 30,240 SF | 1968 | - |
O.C. Gas
2302 N Grand Ave, Santa Ana, CA 92705 |
Retail | 1,400 SF | 1966 | - |
Grand Apartments
2330-2340 N Grand Ave, Santa Ana, CA 92705 |
Multifamily | 38,067 SF | 1971 | - |
Toyama Karate-Do Academy
2320 N Grand Ave, Santa Ana, CA 92705 |
Retail | 2,400 SF | 1968 | - |
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