431 S Susan St - Multi-Family FOR SALE


Santa Ana, CA 92704- Santa Anita Park
$3,300,000 USD
949-290-0199
431 S Susan St, Santa Ana, CA for Sale
$3,300,000 USD
Multi-Family - FOR SALE
1/8
null | 4.78% Cap Rate

431 S Susan St
Santa Ana, CA 92704
Santa Anita Park


HIGHLIGHTS

  • Single Story Units with a Great Unit Mix
  • Large 28,000 Sqft+ lot
  • Over a 7% CAP on market

OVERVIEW

Susan Street apartments boasts an amazing single story unit mix of 3-bedroom & 4 bedroom units. An attractive configuration that drives strong tenant demand and long-term stability. Situated on a large ±28,000 square foot lot, the property is predominantly single-story, with select units located above garages. The units come with dedicated garage parking, a highly sought-after amenity that supports tenant retention and rental premiums. There is also ample open space parking. Once stabilized the building will have market CAP rate of exceeding 7%. Year built ranges from 1945-1972. All property information, including but not limited to square footage, lot size, year built, unit sizes, and unit mix, is deemed reliable but not guaranteed. Buyer shall independently verify all information.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$392 USD /SF

# OF UNITS

9

PRICE/UNIT

$366,667

CAP RATE

4.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Susan Street Apartments

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

144-271-21

ASK ABOUT THIS PROPERTY

Ryan AndersonR.L.M. EquitiesMore Info
949-290-0199

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Ryan AndersonR.L.M. EquitiesMore Info
949-290-0199

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