Description

18-unit multifamily property for sale on Orange Ave in Santa Ana, CA, offered at $3,850,000 ($213,889/unit). Highlights: $213,889 Price/Unit; Newer Roofs (2022), Electrical Panels (2024) and SB721 Compliant; Prime Rental Location just a few Blocks from Downtown/4th Street Market; Long-Term, Multigenerational Ownership; Projected 30% in Rental Upside, Over 11% Cash on Cash Return on Market Rents; Estimate of 25%+ Increase in Value Upon Stabilization. Listed by Rick Applebaum of Morgan-Skenderian Investment Real Estate Group. Contact Rick Applebaum at 949-432-6954 or rma@morganskenderian.com for details.