20
See all 20 photos
$1,725,000
Est. payment /mo
6 Beds
4 Baths
9,583 Sqft Lot
Price Dropped by $65K
802 N Spurgeon Street Santa Ana, CA 92701
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision French Park Condos (Frpc)
MLS Listing ID PW26063396
Bedrooms 6
Lot Size 9,583 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
An excellent opportunity to acquire an 8-unit multifamily building in Santa Ana. Located at 802 N Spurgeon St, this multifamily asset was built in 1937. It offers four 2 bed, 1 bath units, two units with 1 bedroom and dining room, and two studios. Residents of the property enjoy use of an off-street parking lot, as well as three garages for additional storage. The buildings boast a total of 5,042 gross rentable square feet on a good sized 9,288 square foot corner lot. Santa Ana has seen a steady increase in demand for apartment units as rental prices are still relatively low compared to other neighborhoods in Orange County. While rents remain reasonable in some neighborhoods, other areas such as the Downtown and Lacy neighborhoods have A-quality developments that have already been completed. Recent development projects such as The 301 Development at City Place, The Madison and The Depot @ Santiago have attracted additional buzz. Santa Ana offers an astonishing variety of activities including dining & shopping options in the Downtown District, concerts at the Observatory and nightlife at Velvet Lounge and Mission Bar. Residents of 802 N Spurgeon St enjoy the property for a combination of reasons including accessibility to quick transportation, quality schools and universities, nearby parks and golf courses and of course the Disney Land/California Adventure theme parks only a few exits down the freeway. The property is only two blocks away from Downtown Santa Ana with an abundance of shops, bars and restaurants to choose from. It is walking distance to 7-Eleven, Burger King,
Location
State CA
County Orange
Zoning Public Rec
Direction From Civic Center Drive turn North onto Spurgeon St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 39801605
Acceptable Financing Cash
Listing Terms Cash
Listed by Justin White, DRE#01267826 Justin White
NEARBY SCHOOL & BUSINESS