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Travis Breton

travisbreton@gmail.com +1(866) 344-7473

Listed by Rick Applebaum, DRE #01273871 • Morgan Skenderian

$ 2,100,000

Est. payment | -/mo

7,303 Sqft Lot

Save

$ 2,100,000

Est. payment | -/mo

Save

7,303 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW26222716

Style Traditional

Year Built 1958

Lot Size 7,303 Sqft

Source California Regional MLS

Property Description

1109 S. Standard Avenue is a 10-unit multifamily investment property located on a major thoroughfare in Santa Ana, CA. Constructed with 6,004 net rentable square feet on a 7,303 square foot lot, the asset features a uniform unit mix of ten 1-bedroom / 1-bathroom units, on-site laundry facilities, and 10 open parking spaces. Current ownership has recently completed several capital improvement projects including SB 721 compliance, deck repairs and railing replacements, new windows, new water heater, and new exterior paint, improving curb appeal and helping to minimize near-term capital expenditures. Situated directly next door to Gerardo Mouet Park, offering tenants basketball courts, a skate park, a playground, and exercise areas, the property provides immediate access to community amenities. Held by long-term ownership with a motivated seller, the property is offered at a discounted purchase price due to low current rents, presenting a compelling value-add opportunity with a 62% projected rental upside.

Location

State CA

County Orange

Area 69 - Santa Ana South Of First

Rooms

Kitchen Oven Range - Gas

Interior

Heating Wall Furnace

Laundry In Laundry Room, Laundry Area, Washer/Dryer - Owned

Exterior

Parking Features Off-Street Parking, Other, Parking Area

Garage Spaces 10.0

Pool 31, None

View Greenbelt, Local/Neighborhood

Roof Type Composition

Building

Water Hot Water, District - Public

Architectural Style Traditional

Others

Tax ID 01125116

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(866) 344-7473

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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1109 S Standard AVE Santa Ana, CA 92701