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1148 W Civic Center DR Santa Ana, CA 92703
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Key Details
Sold Price $2,700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPW24172731
Sold Date 11/14/24
Originating Board California Regional MLS
Year Built 1963
Lot Size 0.400 Acres
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.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Laundry Laundry Area, Washer/Dryer - Leased
Exterior
Garage Assigned Spaces
Garage Spaces 21.0
Pool None
Building
Water District - Public
Others
Tax ID 40508202
Special Listing Condition Not Applicable
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Bought with Greg Bassirpou
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