411 N Eastwood Ave - Apartments FOR SALE


Santa Ana, CA 92701- Saddleback View
$1,625,000 USD
714-713-9086
411 N Eastwood Ave, Santa Ana, CA for Sale
$1,625,000 USD
Apartments - FOR SALE
1/12
null | 6.08% Cap Rate

411 N Eastwood Ave
Santa Ana, CA 92701
Saddleback View


HIGHLIGHTS

  • Features three one-bedroom/one-bath units and three one-bedroom/ one-bath units with dens, appealing to a wide range of tenant profiles
  • Offering an attractive parking ratio including six garage spaces and six surface spaces, a highly desirable amenity in a dense rental market
  • Walking distance to French Park and just minutes from Downtown Santa Ana’s 4th Street Market, Artists Village, and nightlife
  • Conveniently located near State Route 55, Interstate 5, and the Santa Ana Regional Transportation Center, providing renters with quick connectivity

OVERVIEW

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 411 North Eastwood Avenue, a 6-unit multifamily property located in Santa Ana, California. Built in 1947, the property features approximately 3,800 rentable square feet on a spacious 0.25-acre lot. The unit mix consists of 6, one-bedroom, one-bathroom units, 3 of which feature dens, offering layouts that appeal to a variety of renters. The property features ample parking with 6 single-car garages and 6 surface spaces, an attractive amenity for potential renters. The property is situated just blocks from the French Park Historic District, a neighborhood known for its tree-lined streets and historic charm, and is minutes from the heart of Downtown Santa Ana, where residents can enjoy the shops, restaurants, and nightlife along 4th Street and the Artists Village. In addition, Old Town Tustin is located nearby, offering a historic main street with boutiques, dining, and community events. This prime location provides residents with a mix of neighborhood character, lifestyle amenities, and convenient access to major employment centers throughout Orange County. For investors, 411 North Eastwood Avenue presents a rare opportunity to acquire a well-located asset in a supply-constrained market. The property’s favorable unit mix, ample parking, and proximity to popular lifestyle destinations position it to maintain consistently strong tenant demand and stable occupancy. With Santa Ana’s continued growth as a residential and employment hub, the property is well positioned to provide reliable cash flow and long-term value appreciation. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$1,625,000 USD

PRICE/SF

$428 USD /SF

# OF UNITS

6

PRICE/UNIT

$270,833

CAP RATE

6.08%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

R3

APN/PARCEL ID

398-383-04

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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