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.
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
Owner options
What's special
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#: PW24097102
Originating 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