1148 W Civic Center Drive, Santa Ana, CA 92703
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Listed Price :
$3,075,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1963
Property Description
Pleased to present the La Mar Apartments, a 14-unit multifamily property, located at 1148 West Civic Center Drive. Built in 1963, this property features a majority of two-bedroom units, offering a compelling investment potential at $219,643 per unit. With a projected 9.2% CAP rate based on market rents, the La Mar Apartments presents a lucrative opportunity. Its highly desirable location near the Santa Ana Police Station and Civic Center adds to its appeal. A motivated seller with no intention of keeping this property makes this an opportunity not to be missed.
Interior Features
Laundry Information |
Location(s) |
Common Area |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
1148 W Civic Center Drive |
City |
Santa Ana |
State |
CA |
Zip |
92703 |
County |
Orange |
Listing Agent |
Rick Applebaum DRE #01273871 |
Co-Listing Agent |
Paul Espinosa DRE #01942627 |
Courtesy Of |
Morgan Skenderian |
List Price |
$3,075,000 |
Status |
Pending |
Type |
Residential Income |
Subtype |
Mixed Use |
Structure Size |
N/A |
Lot Size |
17,428 |
Year Built |
1963 |
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 6:20 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.