609 N Baker St | Santa Ana, CA 92703
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- LoopNet Team
609 N Baker St
Santa Ana, CA 92703
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Rare Santa Ana Location Directly Next to Civic Center & Downtown
- Attractive Unit Mix Consisting of 100% Single-Story Two-Bedroom Units / Recent Renovations and Upgrades of Interiors & Exterior Including New Roofs
- 25% Upside in Rents
- 6.38% CAP Rate and 6.81% Cash-on-Cash Return on Current Income
- On-Site Parking Including (12) Enclosed Garages / Building Owned, On-Site Laundry Facility / Individual Water Heaters
- Easy Access to Freeways and Close to Schools, Retail, Employment, & Entertainment
Property Facts
| No. Units | 12 | Building Size | 8,926 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1953 |
| Building Class | C | Parking Ratio | 1.34/1,000 SF |
| Lot Size | 0.64 AC | ||
| Zoning | R4 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 8,926 SF |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 1.34/1,000 SF |
| Zoning | R4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | $2,131 | - |
Property Taxes
| Parcel Number | 405-082-20 | Improvements Assessment | $371,422 |
| Land Assessment | $3,183,624 | Total Assessment | $3,555,046 |
Property Taxes
Parcel Number
405-082-20
Land Assessment
$3,183,624
Improvements Assessment
$371,422
Total Assessment
$3,555,046
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