1416 N Spurgeon Street Santa Ana, CA ^$ 4,580,000

1416 N Spurgeon Street

^$ 4,580,000

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1416 N Spurgeon Street

Santa Ana, CA, 92701

^$ 4,580,000

Bedrooms4 Baths2.0 Sq 10,887

Monthly Estimate*

^$ 30,440

Listed by Alliance Investment RE Group

1416 N Spurgeon Street, Santa Ana, CA 92701 - Image 1

1416 N Spurgeon Street, Santa Ana, CA 92701 - Image 2

Multi-Family Home for sale in Santa Ana, CA

for $4,580,000 with 4 bedrooms and 2 full baths. This 10,887 square foot home was built in 1978 on a lot size of 0.34.

VALUE ADD OPPORTUNITY! SUBMIT ALL OFFERS!! CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!! We are pleased to offer for sale this well-located gated property in the highly desirable French Park neighborhood that's located in the North end of the Historic French Park neighborhood. This property is well located and next to an Elementary School, Shopping, Restaurants for tenants, and the freeway. This property is located just minutes away from the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1978 construction community is individually metered for both Gas & Electric (tenant pays for this) and is 100% occupied with huge rental upside. This community also has on site laundry room (that is owned) and has plenty of parking space (offering both garages & covered gated parking). CHEAPEST PRICE PER UNIT PROPERTY IN SANTA ANA!!! SUBMIT ALL OFFERS!! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Please call listing office for more information.

Multi-Family Active

Price

^$ 4,580,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.34

Year Built

1978

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

OC24071887

Days on Market

Features

General

Sewer PublicSewer

HOA 0.0

Garage Spaces 6.0

Pool Features None

Year Built 1978

Stories 2

Levels Two

Property SubType Apartment

Gross Income 305544.0

Community Features Curbs Gutters StreetLights Sidewalks

County Orange

Net Operating Income 216560.0

Operating Expense 88984.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name Other

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions 17th Street to Spurgeon South

City Santa Ana

Entry Location 1

View Y/N N

Senior Community Y/N N

Open Parking Spaces 16.0

NumberOfUnitsTotal 20

MLS Area 70 - Santa Ana North of First

Lot Size Units SquareFeet

Lot Size Square Feet 14810.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 20

Street Name Spurgeon

Listing Terms CashtoExistingLoan

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 1

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 15

Property Sub Type Additional Apartment

Exterior

Lot Features Item1620UnitsAcre

Water Source Public

Total Parking 22.0

Lot Size Area 14810.0

Number of Buildings 1

Spa N

Building Area Total 10887.0

Street Suffix Street

Lot Size Acres 0.34

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 21

Number of Separate Electric Meters 21

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1416

* Excluded Features

List By

Alliance Investment Re Group

Broker

(949) 250-0400

Phone

Affordability Calculator

$30,440

Per Month

Monthly Principal & Interest: $30,440
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Santa Ana, CA

Average List Price ^$1,659,655

Percent of Sale Price 64%

About Santa Ana, CA

331,906 Population

-2% Since 2002

^$55,844 Median Income

32.48 Median Age

43% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$4,580,000		Listed Price

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1416 N Spurgeon Street, Santa Ana, CA, 92701 is a Multi-Family Home for sale at $4,580,000 with 10,887 sqft and a lot size of 0.34. 1416 N Spurgeon Street has 4 bedrooms, 2.0 baths, and was built in 1978. The property's zip code is 92701 which is in Santa Ana, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/9/2024. 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.

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1416 N Spurgeon Street

Multi-Family Home for sale in Santa Ana, CA

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