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2140 S Main St
Santa Ana, CA 92707
Southtown at Main Apartments · Multifamily Property For Sale
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48 Units
Property Facts
| No. Units | 48 | Lot Size | 0.82 AC |
| Property Type | Multifamily | Building Size | 78,024 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1989/2018 |
| Building Class | B | Parking Ratio | 1.22/1,000 SF |
| Zoning | SD 2.5 - 3 - Commercial | ||
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.82 AC |
| Building Size | 78,024 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1989/2018 |
| Parking Ratio | 1.22/1,000 SF |
| Zoning | SD 2.5 - 3 - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Fireplace
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Crown Molding
- Kitchen
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- On-Site Retail
- Renters Insurance Program
- Elevator
- Hearing Impaired Accessible
- Maintenance on site
- Online Services
- Vision Impaired Accessible
About 2140 S MAIN ST , SANTA ANA, CA 92707
Co-Brokered with Shane Shafer of Berkadia Real Estate Advisors and Peter Hauser of Avison Young. Southtown at Main is an opportunity to purchase a unique asset in one of the best locations of Santa Ana. Current ownership has renovated the apartment interiors to a contemporary standard as well as adding some exterior and amenity improvements. These upgrades have proven out rental raises and give a new buyer confidence that they can achieve these types of rent levels with continued renovation to a similar standard. There is a value-add retail component as current leases are over 50% below market. Please follow the link below to access the dedicated property website for the Offering Memorandum and other financial information.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 525 |
| 1+1 | 20 | - | 703 - 1,250 |
| 1+2 | 5 | - | 1,187 |
| 2+1 | 2 | - | 1,200 |
| 2+2 | 13 | - | 1,166 - 1,300 |
Property Taxes
| Parcel Number | 015-084-40 | Improvements Assessment | $6,875,250 |
| Land Assessment | $8,246,964 | Total Assessment | $15,122,214 |
Property Taxes
Parcel Number
015-084-40
Land Assessment
$8,246,964
Improvements Assessment
$6,875,250
Total Assessment
$15,122,214
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