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1328 N Durant ST Santa Ana, CA 92706
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Key Details
Sold Price $2,850,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24097102
Sold Date 12/09/24
HOA Y/N No
Year Built 1979
Annual Tax Amount $39,550
Lot Size 10,206 Sqft
Property Description
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. *1BR/1BA-Jr are legal studio units with a partition or furniture dividing bedroom area.
Location
State CA
County Orange
Area 70 - Santa Ana North Of First
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Controlled Entrance
Garage Spaces 16.0
Garage Description 16.0
Pool None
Community Features Gutter(s), Sidewalks
Total Parking Spaces 16
Private Pool No
Building
Story 3
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 39852120
Energy Description 4525.0
Acceptable Financing Cash, Cash to New Loan, Contract, 1031 Exchange, Submit
Listing Terms Cash, Cash to New Loan, Contract, 1031 Exchange, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Paul Espinosa • Morgan Skenderian