717-721 Garfield St, Santa Ana, CA 92701

30 Unit Apartment Building | $6,870,000 ($229,000/Unit) | 4.52% Cap Rate | Santa Ana, CA 92701

Asking Price $6,870,000

Property Type
Multifamily
Square Feet
22,500 SF

Listing Contacts

Ruben Khorsandi
Ruben Khorsandi
Daniel Khorsandi
Daniel Khorsandi
  • Property Info

Property Overview

UPDATED PRICING!!
VALUE ADD OPPORTUNITY! SUBMIT ALL OFFERS!!
CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!!

Alliance Investment Real Estate Group is pleased to offer for sale this well-located gated property in the highly desirable Prime Historic French Park area. This property is also close to an Elementary School, Shopping, Restaurants for tenants, and the freeway. This gated community is located minutes to Downtown Santa Ana, the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1979 construction community is individually metered for both Gas & Electric (tenant pays for this) and is 100% occupied with huge rental upside. This community also has on site laundry room (that is owned) and has plenty of parking space (offering both garages & covered gated parking). CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!! SUBMIT ALL OFFERS!!
Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.
Please call listing office for more information.

Property Details

Class
C
Year Built
1979
Stories
2
Lot Size (sq. ft)
22,651 SF
Units
30

Highlights

  • 1979 Construction - Gated Community with Garages & Covered Parking
  • 100% Occupied with huge upside in rents
  • Individually metered for both Gas & Electric
  • Great unit mix of 1 bedroom & Studio units
  • On Site laundry room (Owned)
  • Close to an Elementary School, Shopping, Restaurants, and Freeways.

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].