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2140 S Main St
Santa Ana, CA 92707
Southtown at Main Apartments · Multifamily Property For Sale
·
48 Units
Investment Highlights
- A rare mixed-use investment property consisting of 44 multifamily units and 4 retail suites
- The property offers a variety of unit types, ranging from studios, two-bedroom townhomes, and penthouse units
- After acquiring the property in 2015, current ownership has invested over $25,000 per unit in renovations
- Excellent historical collection performance with the last five months averaging a 98.2 percent collection rate
- Strong historical occupancy with current occupancy stabilized at 96 percent
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 | 1989 |
| 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 | 1989 |
| 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
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | $1,332 | 525 |
| 1+1 | 20 | $1,701 | 703 - 1,250 |
| 1+2 | 5 | $2,209 | 1,187 |
| 2+1 | 2 | $1,619 | 1,200 |
| 2+2 | 13 | $2,184 | 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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