314 S Broadway, 92701

SOLD - July 26, 2021Residential Income For Sale

$1,075,000

6Beds
Baths
Sqft
.2Acres
Built
52DOM
MLS® #: PW21094589
SOLD, 52 Days on Market

Attention Investors - 4.3% CAP Rate. Great Location in the City of Santa Ana. 3 Unit Apartment Building is in An Excellent Rental Area with Low Vacancy Rates. The unit mix consists of (1) 3 bedroom / 2 bathroom, (1) 2 Bedroom / 1 Bath, (1) 1 Bedroom / Bath located in a High Demand Heninger Park Neighborhood in the City of Santa Ana. Close to 5 Freeway Shopping Centers, Restaurants & Parks. Building Inside Total 2,583 Sq. ft., Remodeled Kitchens and Baths, New First Floor Windows and Newer Tankless Water Heater are a few of many improvements made. Annual Net Operating Income Approx. $68,400. Cap Rate: 4.3 % with New Property Tax Rate. Performa Annual Rental Income will be $72,600. Landlord Pays the Water/Trash/ Gas/ Gardener/ Property Tax /Insurance. Property qualifies for the State MILLS ACT Property Historic Preservation Program where property owners receive property tax relief. *Please Drive-By Only and DO NOT Enter the Building or Disturb Any Tenants*

Essential Information

MLS® #: PW21094589
Price: $1,075,000
Bedrooms: 6
Bathrooms: 0.00
Acres: 0.20
Type: Residential Income
Status: SOLD

Community Information

Address: 314 S Broadway
Area: OC - SANTA ANA (92701)
County: Orange
State: CA
Zip Code: 92701

Amenities

Pool: N/K

Interior

# of Stories: 2

Exterior

Lot Description: Curbs

Additional Information

Date Listed: May 4th, 2021
Days on Market: 52
Zoning: Assessor

Listing Details

Listing Office: AARE

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Listing information last updated on September 22nd, 2021 at 1:45pm PDT.