$1,725,000
$1,750,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
728 E Walnut ST Santa Ana, CA 92701
6,969 Sqft Lot
Key Details
Sold Price $1,725,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision ,Pacific Park
MLS Listing ID PW22012191
Sold Date 04/04/22
HOA Y/N No
Year Built 1961
Lot Size 6,969 Sqft
Property Description
Pleased to present the Walnut Street Apartments, an 8-unit turnkey apartment building located in Santa Ana, CA. The building is composed of all recently upgraded studios that come with laminate wood floors, Formica countertops, upgraded showers and vanities, new kitchen cabinets, pulldown kitchen sink faucets, refrigerators, gas stoves, and gas wall heating. The property is individually metered for gas and electricity, has a laundry facility, large private patios (downstairs units), gated carport parking, dual-pane windows, and an outdoor common area. This property offers an investor the opportunity to purchase the highest cap rate in Orange County with 75% Loan-to-Value already quoted ($1.275 Million).
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 8
Pool None
Community Features Street Lights, Sidewalks, Urban
Total Parking Spaces 8
Private Pool No
Building
Lot Description Corner Lot
Sewer Septic Tank
Water Public
New Construction No
Others
Senior Community No
Tax ID 40407101
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Chris Keramati Triqor Group