2526 Mcfadden Ave - Apartments FOR SALE


Santa Ana, CA 92704- Windsor Village
$1,425,000 USD
866-889-0550
2526 Mcfadden Ave, Santa Ana, CA for Sale
$1,425,000 USD
Apartments - FOR SALE
1/12
null | 5.24% Cap Rate

2526 Mcfadden Ave
Santa Ana, CA 92704
Windsor Village


HIGHLIGHTS

  • Great Unit Mix: 100% Two Bedroom Units, 100% Single Story
  • Value Add Opportunity with Over 17% Rental Upside Potential
  • Large Lot with Garage Parking, Surface Parking, and Street Parking Available
  • Separately Metered for Gas and Electric, and Tenants Have Washer & Dryer Hookups
  • Ideally Situated Between McFadden and Edinger, Offering an Abundance of Shopping Centers, Restaurants, Grocery Stores, and Retail
  • Conveniently Close to Major Highways (405 & 5 Fwy), Providing Residents with Easy Access to All of Orange County

OVERVIEW

Matthews Real Estate Investment Services™, as the exclusive listing agent, is pleased to offer the opportunity to acquire 2526 W McFadden Avenue. This property presents an incredible opportunity for an investor to capitalize on rental upside potential by executing a strategic plan to boost net income. Built in 1961, this well-positioned property offers ±3,150 rentable SF on a ±6,791 SF lot featuring an excellent unit mix of 100% 2 bedroom 1 bathroom units. The property features ample on-site parking, including attached single-car garages and surface spaces with ample street parking. Each unit boasts spacious layouts with in-unit washers and dryers owned by landlord, two units offering private patios, and abundant natural light, providing a comfortable and appealing living experience for tenants. The property is individually metered for gas and electricity, and tenants are responsible for their own gas and electricity costs, reducing landlord operating expenses. All four units underwent minor renovations in the last few years offering a strong foundation for future rent growth. 2526 W McFadden Avenue represents a unique opportunity to acquire a well-positioned property in the thriving rental market of Santa Ana. With ongoing developments, job creation throughout the submarket, and increasing demand for rental housing, this property offers an investor the ability to capture rental upside while benefiting from the long-term appreciation and stability of Santa Ana’s prime multifamily market. Broker of Record - David Harrington - License No. 2168060 (CA) OM Link: https://www.matthews.com/properties/mf-2526-w-mcfadden-avenue-santa-ana-ca/

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$452 USD /SF

# OF UNITS

4

PRICE/UNIT

$356,250

CAP RATE

5.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

-

APN/PARCEL ID

407-031-13

ASK ABOUT THIS PROPERTY

Jacob HowhannesianMatthews Real Estate Investment ServicesMore Info
866-889-0550

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Jacob HowhannesianMatthews Real Estate Investment ServicesMore Info
866-889-0550

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