$2,700,000
Sold

1148 W Civic Center Drive

Santa Ana, CA 92703
0.40 acres | #PW24172731
Listing OfficeMorgan Skenderian
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Pleased to present the La Mar Apartments, a 14-unit multifamily property, located at 1148 West Civic Center Drive. Built in 1963, this property features a majority of two-bedroom units, offering a compelling investment potential at $219,643 per unit. With a projected 9.2% CAP rate based on market rents, the La Mar Apartments presents a lucrative opportunity. Its highly desirable location near the Santa Ana Police Station and Civic Center adds to its appeal. A motivated seller with no intention of keeping this property makes this an opportunity not to be missed.

    Location

    Ann TrussellReal Estate Group