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Sold for $2,850,000 on 12/09/24
  • Listing Provided by: 

    Rick Applebaum DRE #01273871 rma@morganskenderian.com,

    Morgan Skenderian,

    Paul Espinosa DRE #01942627,

    Morgan Skenderian

    Bought with: Morgan Skenderian
    $2,850,000

    1328 N Durant St, Santa Ana, CA 92706

    --beds
    16baths
    12,506sqft
    Multi Family
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $228/sqft
    $1,581 Estimated rent

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    What's special

    Pleased to present 1328 North Durant Street located in Santa Ana, CA. This impressive property features (16) spacious 1BR/1BA-Jr.* units, averaging ±781 SF. Boasting recent capital improvements totaling approximately $104,000, this well-maintained property presents a compelling investment with a $200,000 price per unit and an enticing 9.9% CAP rate based on market rents. Residents will enjoy community garage parking, patios, balconies, and A/C, making this an attractive prospect for the discerning investor seeking a lucrative addition to their portfolio. *1BR/1BA-Jr are legal studio units with a partition or furniture dividing bedroom area.

    Zillow last checked: 8 hours ago

    Listing updated: December 09, 2024 at 08:04pm

    Listing Provided by:

    Rick Applebaum DRE #01273871 rma@morganskenderian.com,

    Morgan Skenderian,

    Paul Espinosa DRE #01942627,

    Morgan Skenderian

    Bought with:

    Paul Espinosa, DRE #01942627

    Morgan Skenderian

    Source: CRMLS,MLS#: PW24097102MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 16
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 12,506
    • Total interior livable area: 12,506 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Controlled Entrance
    • Garage spaces: 16
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 10,206 sqft
    Details
    • Parcel number: 39852120
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Gutter(s), Sidewalks
    Location
    • Region: Santa Ana
    • Subdivision: Other

    HOA & financial

    Other financial information
    • Total actual rent: 23161

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Contract,1031 Exchange,Submit