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819 W Washington Ave
Santa Ana, CA 92706
Golden Terrace Apartments · Multifamily Property For Sale
·
20 Units
Investment Highlights
- Golden Terrace Apartments, 819 Washington Avenue, is a stabilized, 20-unit multifamily at 100% occupancy to provide immediate cash flow.
- Prime location less than a mile from Downtown Santa Ana with an upcoming OC Streetcar opening in 2026 to enhance connectivity and renter appeal.
- Benefits from well-targeted tenant demographics, as approximately 60% of housing occupants within a 3-mile radius are renters.
- $1 million in capital improvements made to the common areas, exterior, and roof in the last 5 years, with mostly fully or partially renovated units.
- Immediate access to major freeways, including Interstate 5, SR 22, and SR 55, connecting residents to job centers in Irvine, Anaheim, and Los Angeles.
- Situated on a valuable 0.25-acre lot at the corner of N Flower Street and W Washington Avenue, which sees over 24,000 vehicles pass daily.
Property Facts
| No. Units | 20 | Building Size | 15,760 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1982 |
| Building Class | B | Parking Ratio | 1.33/1,000 SF |
| Lot Size | 0.25 AC | ||
| Zoning | R3 - Multi-Family Residence | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.25 AC |
| Building Size | 15,760 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1982 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | R3 - Multi-Family Residence |
Amenities
Unit Amenities
- Heating
- Kitchen
Site Amenities
- Recycling
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | 720 - 800 |
Property Taxes
| Parcel Number | 398-581-09 | Improvements Assessment | $1,785,566 |
| Land Assessment | $923,571 | Total Assessment | $2,709,137 |
Property Taxes
Parcel Number
398-581-09
Land Assessment
$923,571
Improvements Assessment
$1,785,566
Total Assessment
$2,709,137
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