1210 1214 S Pacific Avenue
Santa Ana, CA 92704

  • – beds
  • – baths
  • – sqft
  • 13,981 sqft lot
  • 1957 build
  • on site

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The Pacific Avenue Apartments are located at 1210-1214 South Pacific Avenue in Santa Ana, one of the strongest rental markets in Southern California. The property offers a unit mix consisting of (16) one-bedroom/ one-bathroom units totaling 8,396 square feet, situated over two parcels. The subject property has recently gone through extensive interior and exterior renovations. Some upgrades include but are not limited to new flooring, new kitchens, updated bathrooms, new asphalt, and new electric. Common area amenities include a large courtyard, gated access, ample on-site parking, and an on-site, building-owned laundry facility. This offering represents a rare opportunity for an investor to achieve a 5% CAP Rate and 10.4% Cash-on-Cash/Total Return on current income for a stable, turn-key investment property in the desirable rental market of Santa Ana, California.

California Regional MLS logo Listed By CRMLS_CA / Greg Bassirpou / Marcus & Millichap RE Invest

Last checked: Checking… • Last updated May 5, 2024 •

MLS# OC21070501 —

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Sale history

Date Event Source Price % Change
7/22/22
Price Changed CRMLS_CA
6/20/22
Price Changed CRMLS_CA
5/10/22
Price Changed CRMLS_CA

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Multifamily Sold on 7/30/2021

$3,625,000

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Listing provided by broker:

Greg Bassirpou

Marcus & Millichap RE Invest

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Marcus & Millichap RE Invest. Based on information from California Regional Multiple Listing Service, Inc. as of 23:01 on May 13.

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