3626 S Marine St - Multi-Family FOR SALE


Santa Ana, CA 92704- South Coast Metro
$1,685,000 USD
949-307-9469
3626 S Marine St, Santa Ana, CA for Sale
$1,685,000 USD
Multi-Family - FOR SALE
1/5
null | 3.5% Cap Rate

3626 S Marine St
Santa Ana, CA 92704
South Coast Metro


OVERVIEW

3626 S. Marine St. is a highly sought after Covington Style 4-unit multifamily investment property located in Santa Ana, CA. Built in 1970, this property consists of (1) 3- bedroom 2- bath, (2) 2-bedroom 2-bath, and (1) 2- bedroom 1-Bath units. Additionally, each fourplex includes four private garages, enhancing tenant demand and providing additional income potential. The Marine St. property boasts a Laundry Room for additional income potential. The property exudes pride of ownership, and has been well maintained. There is an ability to further enhance yield with the implementation of a RUBS system to minimize the expense for water and trash. This property is being sold alongside another property at 2732 W. Orion Ave. Properties can be sold as a portfolio or individually. The property is ideally located minutes from South Coast Plaza, Metro Pointe, The Camp, The Lab, Segerstrom Center, John Wayne Airport, Orange County Museum of Art, Santa Ana College, Mater Dei High School. The property is ideally located near the 405, 55 and 5 FWY for an easy commute.

FOR SALE DETAILS

PRICE

$1,685,000 USD

PRICE/SF

$388 USD /SF

# OF UNITS

4

PRICE/UNIT

$421,250

CAP RATE

3.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3626 S. Marine St.

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

414-011-07

ASK ABOUT THIS PROPERTY

Christian EspinozaNara AdvisorsMore Info
949-307-9469

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Christian EspinozaNara AdvisorsMore Info
949-307-9469

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