1328 N. Durant Street

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Address: 1328 N Durant St, Santa Ana, CA 92706, USA

California & West + Apartment Buildings

Created date: June 12, 2024

Date last updated: August 28, 2024

Built in 1979
5.8% CAP Rate on Current Rents and 9.9% CAP on Market Rents
Large 1 Bedroom Jr.’s Averaging ±781 SF
Approximately $104,000 in Recent Capital Improvements Including New Windows, Exterior Paint, Decks, Railing, Security Access Doors & Gates
$200,000 Price Per Unit and $255.88/SF
Community Garage Parking, Patios, Balconies, A/C, Laundry

Property Description

Morgan Skenderian is pleased to present 1328 North Durant Street located in Santa Ana, CA. This impressive property features (16) spacious 1BR/1BA-Jr.* units, averaging ±781 SF. Boasting recent capital improvements totaling approximately $104,000, this well-maintained property presents a compelling investment with a $200,000 price per unit and an enticing 9.9% CAP rate based on market rents. Residents will enjoy community garage parking, patios, balconies, and A/C, making this an attractive prospect for the discerning investor seeking a lucrative addition to their portfolio.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$3,200,000
No. of Units:	16
Year Built:	1979
Lot Size:	0.23 Sq ft
Opportunity Zone:	No
Price per unit:	$200,000
Property Website	Click Here