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1001 N Riverine Ave
Santa Ana, CA 92701
Riverine Apartments · Multifamily Property For Sale · 31 Units

Property Facts

No. Units 31
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.46 AC
Building Size 20,200 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1982/2019
Zoning R-2 - 2 - Multi Family Dwelling

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Kitchen
  • Carpet

Site Amenities

  • 24 Hour Access
  • Laundry Facilities

About 1001 N RIVERINE AVE , SANTA ANA, CA 92701

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Riverine Apartments, a 30-unit apartment community located in the city of Santa Ana, California. Situated on a 0.48-acre lot, the property consists of 30 studio units, each measuring approximately 695 rentable square feet. With substantial recent capital improvements, oversized units, and walkable access (87 Walk Score) to the heart of Downtown Santa Ana, Riverine Apartments is well positioned to capture a meaningful share of this dynamic market' s growth. Over the past decade, Downtown Santa Ana has undergone a radical transformation into a dynamic environment that is attracting a wave of young, well-educated and high-wage earning residents. Seeking more affordable rents, these new residents found a transit-oriented location that is central to major Orange County employment centers via the Santa Ana Regional Transportation Center and the freeway system. As the appeal of Downtown Santa Ana has continued to grow, a flood of new retail, dining, and entertainment options have opened to cater to this new resident pool.

Property Taxes

Property Taxes

Parcel Number
398-552-06
Land Assessment
$5,306,040
Improvements Assessment
$2,078,073
Total Assessment
$7,384,113
  • Listing ID: 6096802

  • Date on Market: 3/3/2017

  • Last Updated:

  • Address: 1001 N Riverine Ave, Santa Ana, CA 92701

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