202 E Walnut St | Santa Ana, CA 92701
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- LoopNet Team
202 E Walnut St
Santa Ana, CA 92701
Walnut Apartments · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- 6.3% CAP Rate on Current Rents; 4.8% Cash on Cash Return
- Fully Renovated Interiors with High End Finishes; Approximately $200,000 in Upgrades
- Corner Lot Location
- Washer & Dryer Machines Included in Each Unit
- In Process of Obtaining Approval for (2) ADUs
- Large 1-Bedroom Units – 763 SF Average
PROPERTY FACTS
| No. Units | 10 | Building Size | 7,638 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1937 |
| Building Class | C | Parking Ratio | 0.65/1,000 SF |
| Lot Size | 0.26 AC | ||
| Zoning | R3, Santa Ana | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 7,638 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1937 |
| Parking Ratio | 0.65/1,000 SF |
| Zoning | R3, Santa Ana |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
- Washer/Dryer Hookup
SITE AMENITIES
- Courtyard
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $2,395 | - |
| 1+1 | 9 | $2,445 | - |
PROPERTY TAXES
| Parcel Number | 404-092-13 | Improvements Assessment | $409,726 |
| Land Assessment | $2,497,274 | Total Assessment | $2,907,000 |
PROPERTY TAXES
Parcel Number
404-092-13
Land Assessment
$2,497,274
Improvements Assessment
$409,726
Total Assessment
$2,907,000
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