116 S Orange

Santa Ana, CA 92701
Property listed by Morgan Skenderian, Rick Applebaum [email protected]
$3,850,000
This well-maintained 18-unit apartment community presents a compelling value-add opportunity in the heart of a rapidly evolving urban core. The property features all one bedroom units and offers desirable amenities including private garages, secured access, a central landscaped courtyard, and on-site laundry, creating strong tenant appeal. Recent capital improvements includeRead MoreRead Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.34 Acres
Year Built
1953
MLS Number
PW26035733
Property Location Map
Additional Details
Building
Built in 1953, 1 building, 2 stories, Entry level: 1, Entry location: Street
Community
Biking, Curbs, DogPark, Gutters, Park, Sidewalks
Expenses
Electric: $6,921, Fuel: $6,921, Gardener: $5,676, Insurance: $18,731, Licenses: $1,000, Maintenance: $14,089, Operating: $138,883, Trash: $6,922, Water/Sewer: $6,922, Other Expense: $3,522
Garage
9 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $363,108, Gross ScheduledIncome: $363,108, Net Operating Income: $213,332
Laundry
CommonArea
Lot
0.3444 acres
Parking
9 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 39851406, Tax Block: B, Lot: 9
Utilities
Water Source: Public, 18 separate electric meters, 18 separate gas meters
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Melanie Kermode
REALTOR® | DRE 01188137
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.