319 S Birch Street, Santa Ana, CA 92701

$3,335,000

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Sold Price
$3,335,000
List Price
$3,495,000
Closing Date
Aug 16, 2024
Status
CLOSED
MLS#
NP24077229
Year Built
1960
Lot Size
10,454
Acres
0.24
Lot Location
11-15 Units/Acre
Days on Market
0
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Two Levels
Neighborhood
Birch Manor

Property Description

HIGHEST CAP RATE ON MARKET IN ORANGE COUNTY! 11 OF 14 UNITS RECENTLY RENOVATED. RENOVATIONS INCLUDE: BRAND NEW SUBPANELS, FIXTURES, LIGHTING, CABINETS, TOILETS, COUNTERTOPS, BATHROOMS, WALL HEATERS, INTERIOR PAINT, AND RE-GLAZED BATHTUBS. MOST UNITS HAVE LARGE WALK IN CLOSETS! EXTERIOR RENOVATIONS INCLUDE: ROOF REPAIRS, NEW PAINT, NEW PARKING LOT LINING, LANDSCAPE, AND SIGNAGE. THE PROPERTY IS SITUATED ON A CORNER LOT WITH AMPLE STREET PARKING IN ADDITION TO 11 PARKING STALLS. THE BUILDING IS WALKING DISTANCE FROM SANTA ANA HIGH SCHOOL, CITY CENTER AND HISTORIC DOWNTOWN SANTA ANA!

Additional Information

Appliances
Gas Oven, Range Hood, Water Heater
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Roof
Composition
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Bedroom on Main Level, Walk-In Closet(s)
Attached Structure
Attached
Number Of Units Total
14
Gross Scheduled Income
$330,036
Operating Expense
79041

Listing courtesy of Listing Agent: Randall Mycorn (randall@rlmequities.com) from Listing Office: R L M Equities.

Listing sold by Chris Keramati from Triqor Group

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.