Santa Ana, CA 92703 1610 W Civic Center Drive
$1,350,000
Pending
0 more
Presented By: Michael Arp with Morgan Skenderian; 7142628992
Beds • 8
Baths • 1
SQFT • 3,797
Home Details
Rarely available seller financing opportunity in Santa Ana. 1610 W. Civic Center Drive offers a well maintained 1980s constructed apartment building comprised of (4) two-bedroom/one-bath units. Each unit features updated kitchens, bathrooms, washer/dryer hookups, individual water heaters, and a private patio or balcony. Boasting (4) carport spaces and (8) open parking spaces, the property provides a coveted 3:1 parking ratio, a rarity for apartments. Spanning ±3,797 SF, the mostly stucco structure has recently undergone wood siding replacement. Surrounded by single-family homes and smaller apartment buildings, the neighborhood offers a tranquil setting. The seller is open to negotiating financing terms for up to 10 years, presenting an enticing investment opportunity.
Presented By: Michael Arp with Morgan Skenderian; 7142628992
Interior Features for 1610 W Civic Center Drive
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, ElectricDryerHookup
Total Stories2
Other Rooms
Entry Level1
General for 1610 W Civic Center Drive
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.5
Carport Spaces4.0
Carport Y/NYes
CitySanta Ana
Community FeaturesSidewalks
CountyOrange
DirectionsWest of North Bristol Street and North of West First Street
Electric Expense1000.0
Electric On Property Y/NNo
Entry LocationGround
Fuel Expense1000.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
Home Warranty Y/NNo
Insurance Expense2200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6098.0
Lot Size UnitsSquareFeet
MLS Area70 - Santa Ana North of First
MaintenanceExpense3846.0
MobileHomeRemainsYNNo
Net Operating Income47153.0
New ConstructionNo
NumberOfUnitsTotal4
Open Parking Spaces8.0
Operating Expense29757.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition, Shingle
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Subdivision NameNone
Tax Lot38
Taxes$15,232
Tenant PaysCableTv, Electricity, Gas
TermsCash, Conventional, Exchange1031, OwnerMayCarry
Trash Expense2500.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, WaterConnected
Water Sewer Expense2500.0
Waterfront Y/NNo
Year Built1983
Year Built SourceAssessor
Exterior for 1610 W Civic Center Drive
Building Area Total3797.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot, StreetLevel
Lot Size Acres0.14
Lot Size Area6098.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking12.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480