10 Units in Santa Ana

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10 Units | Multifamily
Offered At $2,200,000

Property Highlights

  • Diversified Unit Mix: Six 1BR/1BA and four 2BR/1BA units appeal to a broad renter base, supporting 100% occupancy and stable in-place income.
  • Desirable Parking and Amenities: (10) garages, one for each unit, plus on-site laundry and ample street parking for residents and guests.
  • 57% Projected Rental Upside: Current rents sit well below market levels supporting a discounted purchase price and a clear value-add path.
  • Exceptional Stabilized Yield: Achieves an 8.5% CAP Rate and 9.8% Cash on Cash Return on market/proforma rents, delivering strong long-term cash flow potential.
  • Motivated Seller & Value-Add Potential: Long-term owner retiring from active management. Highly motivated and realistic Seller creating an excellent opportunity for a well positioned Buyer.
For further details, please contact:
Garrett Blair
Associate | CalBRE# 02026908
+1 (949) 566 - 8405 | +1 (949) 300 - 5610 |
Rick Applebaum
Vice President | CalBRE# 01273871
+1 (949) 432 - 6954 | +1 (949) 500 - 5099 |
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