1416 N Spurgeon Street, Santa Ana, CA

$5,080,000

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0.34

Acres

About 1416 N Spurgeon Street

Well-located Property in the Highly Desirable French Park Neighborhood Located in the north end of the historic FrenchPark Neighborhood, this area offers great access to shopping and dining for tenants. The property is located just minutes away from the Old OrangeCounty Courthouse, police department, and Santa Ana Metrolink Station. The community is 100% occupied with a 13.5% loss-to-lease, providing investors an opportunity to immediately increase yield without major interior renovations. There is potential to further enhance yield with the implementation of a RUBS program for water, sewer, and trash.

Features of 1416 N Spurgeon Street

MLS® # OC22122852
Price $5,080,000
Bathrooms 0.00
Acres 0.34
Year Built 1978
Type Residential Income
Status Active

Community Information

Address 1416 N Spurgeon Street
Area 70 - Santa Ana North of First
Subdivision Other (OTHR)
City Santa Ana
County Orange
State CA
Zip Code 92701

Amenities

Parking Spaces 6
# of Garages 6
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 2
Stories Two

Exterior

Lot Description 16-20 Units/Acre

Additional Information

Date Listed June 7th, 2022
Days on Market 121
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentMike Marcu
OfficeMike Marcu, Broker

Listing Map

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