1328 N Durant Street

Santa Ana, CA 92706

PRICE REDUCED

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-$395,000 (-10.99%)

$3,200,000

List Price

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1979

calendar_month Built

Property Description

Pleased to present 1328 North Durant Street located in Santa Ana, CA. This impressive property features (16) spacious 1BR/1BA-Jr.* units, averaging ±781 SF. Boasting recent capital improvements totaling approximately $104,000, this well-maintained property presents a compelling investment with a $200,000 price per unit and an enticing 9.9% CAP rate based on market rents. Residents will enjoy community garage parking, patios, balconies, and A/C, making this an attractive prospect for the discerning investor seeking a lucrative addition to their portfolio. *1BR/1BA-Jr are legal studio units with a partition or furniture dividing bedroom area.

Listing Information

List Price $3,200,000
Status Active Under Contract
MLS PW24097102
Type Residential Income
Subtype Apartment
Year Built 1979
Lot Size 10,206
Structure Size N/A
DOM 139
Courtesy Of Morgan Skenderian
Listing Agent Rick Applebaum DRE#01273871
Co-Listing Agent Paul Espinosa DRE#01942627

Interior Features

Laundry Information
Location(s) Common Area
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Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Rick Applebaum, Paul Espinosa, Morgan Skenderian . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 7:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.