We are pleased to present 1140 S. Poplar Street, a garden-style, 20-unit apartment community located in the exceptionally strong rental market of Santa Ana. The desirable unit mix, comprised of primarily 2-Bedroom units at an asking price of $265,000/unit makes the Poplar Apartments one of the most affordable investment opportunities available in Orange County. The beautifully landscaped courtyard, on-site laundry facilities, carport, and garage parking combined with its proximity to the lively Downtown district, South Coast Plaza, and easy freeway access creates a stable and consistent tenant base with very low turnover. A new owner will capture remarkable growth through modernization of interiors and increasing rental levels making 1140 S. Poplar Street the perfect opportunity for the added value investor. 1143 S. Poplar Street is also available for a combined 28-units across the street from 1140 S. Poplar Street. Buildings can be purchased together or separately.
Based on information from California Regional Multiple Listing Service, Inc. as of December 7th, 2021 at 1:30am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.