931 935 Standard Avenue, Santa Ana Property Listing: MLS® #OC23027454

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931 935 Standard Avenue, Santa Ana

With a proven market rent upside, including a RUBS program for water, sewer, and trash, this offering provides an attractive "Going In" capitalization rate approaching 5% and a very attractive "Market Rent" capitalization rate. The existing loan of approximately $3,170,000 can be assumed, at a fixed interest rate of 2.90%, or a new loan can be placed on the property. Rents are effective March 1st, 2023.

Listing Agent

Mike Marcu - Mike Marcu, Broker

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Essential Information

For 931 935 Standard Avenue, Santa Ana

MLS® # OC23027454
Price $5,180,000
Bathrooms 0.00
Acres 0.18
Year Built 1958
Type Residential Income
Sub-Type Apartment
Status Closed

Community Information

For 931 935 Standard Avenue, Santa Ana

Address 931 935 Standard Avenue
Area 699 - Not Defined
City Santa Ana
County Orange
Zip Code 92701

Amenities

For 931 935 Standard Avenue, Santa Ana

Parking Spaces 24
Parking Assigned
Garages Assigned
Pool None

Interior

For 931 935 Standard Avenue, Santa Ana

# of Stories 2
Stories Two

Exterior

For 931 935 Standard Avenue, Santa Ana

Lot Description 16-20 Units/Acre

Additional Information

For 931 935 Standard Avenue, Santa Ana

Date Listed February 15th, 2023
Days on Market 159
Zoning R3

Listing Details

For 931 935 Standard Avenue, Santa Ana

Agent Mike Marcu
Office Mike Marcu, Broker

Price Change History for 931 935 Standard Avenue, Santa Ana, (MLS® #OC23027454)

Date	Details	Change
10/17/2023	Status Changed from Active Under Contract to Closed	–
07/26/2023	Status Changed from Active to Active Under Contract	–