Address
313 S Broadway Santa Ana, CA
Price
$ 1,399,000
Property Attributes
- MLS#OC20150050
- TypeIncome
- CountyORANGE
- CitySanta Ana
- AreaSanta Ana South of First
- Zip92701
- Style
- Price$ 1,399,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms0
- Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Jason Kirklen with Kirklen Investment Group.
Data Source:
CRMLS
Property Description
The property presented for sale is a five-unit apartment building located just south of the city and county center. Residents of the three 1-bedroom/1-bath and two 2-bedroom/1-bath units will benefit from the numerous schools, shops, parks and city/county services that are within walking distance of the property. The continued appreciation in this market offers an investor an opportunity to own in in a top national rental market. The Broadway Apartments presents a new investor the opportunty to capitalize on a stablized asset that is insulated from the effects of rent control due to the fact that the current owner has stayed up-to-date with market rate rents. The building is indivially metered for Gas and Electricity, it does not have a house meter for either. This keeps the expenses low and minimizes surprises for a new owner. The Broadway Apartments has a seasoned tenant roster with the oldest tenant dating back to 2007 and tenants enjoy the buildings nicely maintained grounds. The buildings have newer dual-pane vinyl windows, pitched roofs, and ample parking with four garage spaces and two open spaces.
| Price History | |
|---|---|
| 8/1/2020 | Listed $1,399,000 |
General Features
| Community Features | Curbs, Street Lights, Sidewalks, Urban |
|---|---|
| Garage Spaces | 4 |
| Garage Y/N | Yes |
| Levels | Two |
| MLS Area | 69 - Santa Ana South of First |
| Open Parking Spaces | 1 |
| Pool Features | None |
| Property Type | Residential Income |
| Roof | Asphalt |
| Sewer | Public Sewer |
| Spa Features | None |
| Terms | 1031 Exchange |
| Total Actual Rent | 7395 |
| Total Units | 5 |
| View | None |
| Water Sewer Expense | 2280 |
Interior Features
| Common Walls | No Common Walls |
|---|---|
| Laundry Features | Common Area |
| Window Features | Double Pane Windows |
Exterior Features
| Fencing | Wood |
|---|---|
| Lot Features | 36-40 Units/Acre |
| Lot Size Acres | 0.14 |
| Lot Size Area | 6098 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 6098 |
| Lot Size Units | Square Feet |
| Number of Buildings | 2 |
| Number of Separate Electric Meters | 5 |
| Number of Separate Gas Meters | 5 |
| Number of Separate Water Meters | 1 |
| Road Frontage Type | City Street |
| Road Surface Type | Paved |
| Total Parking | 5 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 92701
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of April 16, 2021 7:17 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
