Address
313 S Broadway Santa Ana, CA
Price
$ 1,399,000
Property Attributes
  • MLS#OC20150050
  • TypeIncome
  • CountyORANGE
  • CitySanta Ana
  • AreaSanta Ana South of First
  • Zip92701
  • Style
  • Price$ 1,399,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2964
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Jason Kirklen with Kirklen Investment Group.
Property Description

The property presented for sale is a five-unit apartment building located just south of the city and county center. Residents of the three 1-bedroom/1-bath and two 2-bedroom/1-bath units will benefit from the numerous schools, shops, parks and city/county services that are within walking distance of the property. The continued appreciation in this market offers an investor an opportunity to own in in a top national rental market. The Broadway Apartments presents a new investor the opportunty to capitalize on a stablized asset that is insulated from the effects of rent control due to the fact that the current owner has stayed up-to-date with market rate rents. The building is indivially metered for Gas and Electricity, it does not have a house meter for either. This keeps the expenses low and minimizes surprises for a new owner. The Broadway Apartments has a seasoned tenant roster with the oldest tenant dating back to 2007 and tenants enjoy the buildings nicely maintained grounds. The buildings have newer dual-pane vinyl windows, pitched roofs, and ample parking with four garage spaces and two open spaces.

Price History
8/1/2020 Listed $1,399,000

General Features

Assessments Special Assessments
Attached Structure Detached
Community Features Curbs, Sidewalks, Street Lights, Urban
Directions Exit 1st Street and take West. Turn South on Main St and west on pine. Turn South on Broadway and reach the property.
Garage Spaces 4.00
Levels Two
Listagentaor Orange County
Listing Agent Jason Kirklen - BRE#01939655
Listing Agent State License 01939655
MLS Area 69 - Santa Ana South of First
Number of Units Leased 5
Pool Features None
Price Per Square Foot 472.00
Roof Asphalt
Sewer Public Sewer
Source System CRMLS
Spa Features None
Special Listing Conditions Standard
Total Units 5
View None

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features Common Area
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 2
Window Features Double Pane Windows

Exterior Features

Building Area Total 2964.00
Fence Y/N Yes
Fencing Wood
Lot Features 36-40 Units/Acre
Lot Size Acres 0.1400
Lot Size Area 6098.0000
Lot Size Source Assessor
Lot Size Square Feet 6098.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 5
Number of Separate Gas Meters 5
Number of Separate Water Meters 1
Road Frontage Type City Street
Road Surface Type Paved
Total Parking 5.00
Uncovered Spaces 1.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92701

Price
AVG $1.82M
$1.4M
Visits
AVG 95
304
Year Built
AVG 1942
1955
Walkscore
AVG 80
90
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.