802 N Spurgeon Street Active Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92701
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,042 sqft
Price per Sqft $371
MLS Listing ID CRPW25143945
Year Built 1937
Lot Size 9,312 Sqft
Property Sub-Type Other
Property Description
An excellent opportunity to acquire a 6-unit multifamily building in Santa Ana. Located at 802 N Spurgeon St, this multifamily asset was built in 1937. It offers (4) 2 bed + 1 bath units and (2) 1 bed + 1 bath units that also have additional dining rooms. Residents of the property enjoy use of an off-street parking a lot, as well as three garages for additional storage. The buildings boast a total of 5,042 gross rentable square feet on a large 9,288 square foot corner lot. Tenants enjoy the ability to quickly walk to food halls, bars, restaurants and stores in the Downtown area. Buyers will notice a number of similar sized apartment buildings in the neighborhood that have been beautifully renovated to include luxury finishes and cater to a high-end tenant demographic. These neighboring properties serve as an excellent proof of concept for what can be done with this property and the achievable market rental income. -6 charming units in Historic French Park -Large 9,288 square foot lot -Solid in-place income and significant upside -Walking distance to 4th Street & Downtown Santa Ana -Most rapidly gentrifying neighborhood in Santa Ana
Location
State CA
County Orange
Interior
Heating Forced Air
Laundry No Hookups
Building
Lot Description Corner Lot