1148 W Civic Center Drive
Santa Ana, CA 92703
0.40 acres | #PW24172731
Description
Pleased to present the La Mar Apartments, a 14-unit multifamily property, located at 1148 West Civic Center Drive. Built in 1963, this property features a majority of two-bedroom units, offering a compelling investment potential at $219,643 per unit. With a projected 9.2% CAP rate based on market rents, the La Mar Apartments presents a lucrative opportunity. Its highly desirable location near the Santa Ana Police Station and Civic Center adds to its appeal. A motivated seller with no intention of keeping this property makes this an opportunity not to be missed.
Property Details
- Stories2
Measurements
- Acres0.4001
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1963
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyOrange
Financial Details
- Original List Price$3,075,000
Other
- MLS #PW24172731
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Rick Applebaum (#PAPPLRIC)
Listing Office: Morgan Skenderian (#PB8846)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
