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$4,374,000
101 Days Online

1210 -1214 S Pacific Avenue
Santa Ana, CA 92704

For Sale|Multi-Family|Active
County:
Orange
Listed by Jonathan Weir of Marcus & Millichap

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (866) 538-6057
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(866) 538-6057
1210 1214 S Pacific Avenue1210 1214 S Pacific Avenue1210 1214 S Pacific Avenue1210 1214 S Pacific Avenue
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There is an assumable loan of $2,450,000 at 3.35% with 6 years left. 2 years left of interest only. High Cash Flow Deal. We are pleased to present The Pacific Avenue Apartments located at 1210-1214 South Pacific Ave in Santa Ana, Orange County boasting 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 strong opportunity for an investor to achieve roughly 16% upside in rents while owning a turn key investment. Low expenses, quality tenants, and high rents make this a very desirable property.

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Listing Snapshot
Price 
$4,374,000
Days Online 
101 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,396 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.32 Acres
Year Built 
1957
MLS Number 
22149853
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS
3 weeks agoPrice changed to $4,374,000
2 months agoPrice changed to $4,590,000
3 months agoPrice changed to $4,625,000
3 months agoListing first seen online
General Features
Parking 
Uncovered
Parking Spaces 
16
Number of Stories 
2
Acreage 
0.32
Listing Conditions 
Standard
Interior Features
Cooling 
None
Heating 
Wall Furnace
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Community Features
Association Dues 
0
Senior Community 
No
MLS Area 
69 - Santa Ana South of First
Crmls Logo Real Estate For Sale

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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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