Address
1222 W Brook Street Santa Ana, CA
Price
$ 3,150,000
Property Attributes
  • MLS#PW20200024
  • TypeContingent
  • CountyORANGE
  • CitySanta Ana
  • AreaSanta Ana South of First
  • NeighborhoodOther
  • Zip92703
  • Style
  • Price$ 3,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8019
  • Lot Size13,029 SqFt
Listing Provided Courtesy Of:
Rick Applebaum with Morgan Skenderian.
Property Description

We are pleased to offer 1218-1222 W. Brook Street, a 14-unit multifamily investment opportunity in the exceptionally strong rental market of Santa Ana. Comprised of side-by-side buildings on a single parcel, the Brook Street apartments offers stand out curb appeal with no expense spared on the exterior renovations with modern paint colors and landscaping. The property features new windows, new roofs, new decks & railings and a new asphalt parking lot to name a few. Step inside and you'll find 8 out of the 14 units fully renovated and remodeled. These interiors feature top-notch finishes including all new kitchens with granite countertops and new cabinetry, bathrooms with tile shower walls and new vanities, and tile flooring throughout. The remaining units have also been upgraded to various degrees. Offering true pride of ownership, vast amounts of capital improvements, easily achievable rental increases, and impressive cash-flow with as little as 35% down payment, the Brook Street apartments is a standout investment option in one of the strongest rental markets in all of Orange County.

Price History
9/24/2020 Listed $3,150,000

General Features

Attached Structure Detached
Carport Spaces 8.00
Community Features Curbs, Sidewalks, Storm Drains, Street Lights
Directions North of W. McFadden Ave. & East of S. Bristol St.
Garage Spaces 0.00
Levels Two
Listagentaor Pacific West
Listing Agent Rick Applebaum - BRE#01273871
Listing Agent State License 01273871
MLS Area 69 - Santa Ana South of First
Pool Features None
Price Per Square Foot 392.82
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Subdivision Name Other (OTHR)
Subdivision Name Pico-Lowell
Total Units 14

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features Common Area
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 8019.00
Lot Features 11-15 Units/Acre
Lot Size Acres 0.2991
Lot Size Area 13029.0000
Lot Size Source Assessor
Lot Size Square Feet 13029.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 16
Number of Separate Gas Meters 16
Number of Separate Water Meters 1
Total Parking 21.00
Uncovered Spaces 13.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92703

Price
AVG $750K
$3.15M
Visits
AVG 105
119
Year Built
AVG 1980
1959

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