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Gary & Colleen Wolfson
(858) 792-6085
Direct Office:
(818) 597-4513
colleenwolfson@bhhscal.com

DRE# 01044223
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Gary & Colleen Wolfson
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(858) 792-6085
Direct Office:
(818) 597-4513
colleenwolfson@
bhhscal.com

DRE# 01044223
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(858) 792-6085
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SOLD
$1,450,000
Date 01/31/2024

1137 S Poplar Street
Santa Ana, CA 92704

Apartment
Residence
3,618
Sqft
0.16
Lot Size
Listing Agent: Marisa Hernandez CalDRE: 01956098 - Casa Real Estate Group, Inc., marisa.casagroup@gmail.com
This Value-add investment is comprised of 7 units located in the City of Santa Ana near Mater Dei High School, built in 1971 consists of seven 1 bedroom/1 bath units. This building has been well maintained and managed. The Close Proximity to nearby Bristol/McFadden retail corridor, the shopping centers, markets, and transportation makes it extremely desirable to tenants. Long term tenants in place, all on month to month leases, all tenants pay on time! All electric separately metered, tenants pay. Onsite laundry. Current owner has made several improvements to the building including exterior paint, A/C units added to units, new sliders, windows, 2 units have been recently updated, roof recently recoated with cool roof.POTENTIAL TO DEVELOP ADDITIONAL UNITS ON SITE, there is a sustained demand for new development and with this property there is huge value add potential and rental growth.
PW23114605
Apartment, 2 Story
Orange
1971
0.16 Acres
Public
2
Public Sewer
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Transit Score

Listing Agent: Marisa Hernandez CalDRE: 01956098 - Casa Real Estate Group, Inc., marisa.casagroup@gmail.com
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