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.
MLS #
CRPW24172731
MLS Source
California Regional MLS
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
Listing Agent
Rick Applebaum
Morgan Skenderian
License #: 01273871
Phone: –
Co-Listing Agent
Paul Espinosa
License #: 01942627
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
1148 W Civic Center Dr is a Residential Income in Santa Ana, CA 92703. This – square foot property sits on a 17,428 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,700,000 and was built in 1963.
This address can also be written as 1148 W Civic Center Dr, Santa Ana, CA 92703.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Rick Applebaum