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1226 W Brook Street

Santa Ana, CA 92703
  • $3,400,000
  • STATUS: Active
  • ON SITE: 45 Days
  • ID#: PW22073479
$3,400,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Listing Agent(s): Rick Applebaum of Morgan Skenderian (949-251-8800) and Paul Espinosa of ()


Description

1226 W. Brook Street, is a 1980 construction,13-unit apartment complex located in the exceptionally strong rental market of Santa Ana. Priced very attractively at only $261,538/unit, the Brook Street apartments is one of the most affordable assets available in all of Orange County. Family owned and operated for 20+ years, the Brook Street apartments continues to be well maintained including a full copper re-pipe of the building and fresh exterior paint in 2021. Additionally, the majority of the units have seen new kitchen cabinets.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/127625134
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1226 W Brook Street Santa Ana, CA 92703

  • Price: $3,400,000
  • Status: Active
  • On Site: 45 Days
  • ID#: PW22073479
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1980
Built
Neighborhood:
699 - Not Defined
County:
Orange
Area:
699 - Not Defined
Property Description
1226 W. Brook Street, is a 1980 construction,13-unit apartment complex located in the exceptionally strong rental market of Santa Ana. Priced very attractively at only $261,538/unit, the Brook Street apartments is one of the most affordable assets available in all of Orange County. Family owned and operated for 20+ years, the Brook Street apartments continues to be well maintained including a full copper re-pipe of the building and fresh exterior paint in 2021. Additionally, the majority of the units have seen new kitchen cabinets.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 14 Open Parking Spaces 3 Parking Total 17 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 28294 Gross Scheduled Income 208380 Insurance Expense 2027 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 12128 Net Operating Income 123551 New Construction YN No New Taxes Expense 41097 Number Of Separate Gas Meters 14 Number Of Separate Water Meters 1 Operating Expense 78578 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 8288 Vacancy Allowance 6251 Vacancy Allowance Rate 3 Water Sewer Expense 8288 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Rick Applebaum of Morgan Skenderian (949-251-8800) and Paul Espinosa of ()