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1212 N Broadway

Santa Ana, CA 92701
  • $14,000,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: PW21246341
$14,000,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2021
County:

School Ratings & Info

Listing Agent: Hala Chalan of Villa Real Estate


Description

DO NOT miss on this Great Investment opportunity RENT CONTROL EXEMPT! New construction thirty units in addition to a half acre lot across the alley with a potential to develop.This turnkey property is in an opportunity zone and consists of twenty-three 1bd 1bath units, seven 2bd 2bath units and a sizable office. All thirty units have onsite washers and dryers, complete kitchen appliances and ductless split unit AC. Fiber optic service dedicated through master switch to each unit. Flawless slab showers throughout 37 baths, quartz kitchen countertops, tile floors, tankless water heaters on the upper level, and fire sprinklers. All units have keyless entry which makes it perfect for short term rental.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123205223
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1212 N Broadway Santa Ana, CA 92701

  • Price: $14,000,000
  • Status: Active
  • On Site: 26 Days
  • ID#: PW21246341
0
Beds
0
Baths
0
½ Baths
0.41
Acres
2021
Built
Neighborhood:
70 - Santa Ana North of First
County:
Orange
Area:
70 - Santa Ana North of First
Property Description
DO NOT miss on this Great Investment opportunity RENT CONTROL EXEMPT! New construction thirty units in addition to a half acre lot across the alley with a potential to develop.This turnkey property is in an opportunity zone and consists of twenty-three 1bd 1bath units, seven 2bd 2bath units and a sizable office. All thirty units have onsite washers and dryers, complete kitchen appliances and ductless split unit AC. Fiber optic service dedicated through master switch to each unit. Flawless slab showers throughout 37 baths, quartz kitchen countertops, tile floors, tankless water heaters on the upper level, and fire sprinklers. All units have keyless entry which makes it perfect for short term rental.
Exterior Features

Lot Features 26-30 Units/Acre Number Of Separate Electric Meters 1 Open Parking Spaces 76 Parking Features Paved Parking Total 76 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Appliances DishwasherMicrowaveRefrigeratorTankless Water HeaterDryerWasher Common Walls No Common Walls Cooling Electric Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Tile Heating Electric Heating YN Yes

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features CurbsGutter(S) Current Financing None Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupInside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 0 New Construction YN Yes Number Of Separate Gas Meters 31 Number Of Separate Water Meters 3 Operating Expense 0 Possession Close Of Escrow Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays None Trash Expense 0 Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Hala Chalan of Villa Real Estate