1735 W Washington Ave - Multi-Family FOR SALE


Santa Ana, CA 92706- Artesia Pilar
$1,500,000 USD
949-307-9469
1735 W Washington Ave, Santa Ana, CA for Sale
$1,500,000 USD
Multi-Family - FOR SALE
1/7
null | 4.33% Cap Rate

1735 W Washington Ave
Santa Ana, CA 92706
Artesia Pilar


HIGHLIGHTS

  • 4-unit multifamily asset ideally situated on a large ±13,068 SF lot, offering a new investor the potential for future ADU development(Buyer to verify)
  • Rare investment opportunity featuring two detached single-family homes and one duplex on a single parcel
  • Long-term tenants provide stable in-place income with significant rental upside through strategic asset management (Buyer to verify feasibility)
  • Benefits from strong and consistent rental demand driven by its close proximity to Santa Ana College, Downtown Santa Ana

OVERVIEW

1735 West Washington Avenue is a 4-unit multifamily asset ideally situated on a large ±13,068 SF lot in Santa Ana, California, offering a new investor a rare value-add opportunity with the potential for future ADU development. The property features a unique unit mix consisting of two detached single-family homes and one duplex on a single parcel, creating multiple value-add strategies and ample space to explore future ADU development opportunities. Long-term tenants provide stable in-place income with significant rental upside through strategic asset management, renovation of the existing buildings, and the potential to add additional units to maximize the lot's development potential. The property benefits from strong and consistent rental demand driven by its close proximity to Santa Ana College, Downtown Santa Ana's shopping, dining, entertainment, public transportation, major employment centers, and a wide variety of lifestyle amenities.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$491 USD /SF

# OF UNITS

4

PRICE/UNIT

$375,000

CAP RATE

4.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

-

APN/PARCEL ID

004-070-52

ASK ABOUT THIS PROPERTY

Christian EspinozaGreysteel HoldingsMore Info
949-307-9469

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Christian EspinozaGreysteel HoldingsMore Info
949-307-9469

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.