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.
Listed By CRMLS_CA / Greg Bassirpou / Marcus & Millichap RE Invest
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Last updated May 5, 2024
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MLS# OC21070501 —
Walk Score®
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Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/22/22
Jul 22, 2022
|
Price Changed | CRMLS_CA | ||
6/20/22
Jun 20, 2022
|
Price Changed | CRMLS_CA | ||
5/10/22
May 10, 2022
|
Price Changed | CRMLS_CA |