1328 N Durant Street Santa Ana, CA ^$ 3,595,000

1328 N Durant Street

^$ 3,595,000

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Recently Listed

1328 N Durant Street

Santa Ana, CA, 92706

^$ 3,595,000

Bedrooms16 Baths1.0 Sq 12,506

Monthly Estimate*

^$ 23,893

Listed by Morgan Skenderian

1328 N Durant Street, Santa Ana, CA 92706 - Image 1

1328 N Durant Street, Santa Ana, CA 92706 - Image 2

1328 N Durant Street, Santa Ana, CA 92706 - Image 3

1328 N Durant Street, Santa Ana, CA 92706 - Image 4

1328 N Durant Street, Santa Ana, CA 92706 - Image 5

1328 N Durant Street, Santa Ana, CA 92706 - Image 6

1328 N Durant Street, Santa Ana, CA 92706 - Image 7

1328 N Durant Street, Santa Ana, CA 92706 - Image 8

1328 N Durant Street, Santa Ana, CA 92706 - Image 9

1328 N Durant Street, Santa Ana, CA 92706 - Image 10

1328 N Durant Street, Santa Ana, CA 92706 - Image 11

1328 N Durant Street, Santa Ana, CA 92706 - Image 12

Multi-Family Home for sale in Santa Ana, CA

for $3,595,000 with 16 bedrooms and 1 full bath. This 12,506 square foot home was built in 1979 on a lot size of 0.2343.

Pleased to present 1328 North Durant Street located in Santa Ana, CA. This impressive property features (16) spacious 1BR/1BA-Jr.* units, averaging ±700 SF. Boasting recent capital improvements totaling approximately $104,000, this well-maintained property presents a compelling investment with a $224,688 price per unit and an enticing 8.7% CAP rate based on market rents. Residents will enjoy covered 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.

Multi-Family Active

Price

^$ 3,595,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 43,927

Style

Apartment

Lot Size

0.2343

Year Built

1979

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

PW24097102

Days on Market

Features

General

Sewer PublicSewer

Garage Spaces 16.0

Pool Features None

Year Built 1979

Stories 2

Levels Two

Property SubType Apartment

Gross Income 4800.0

Community Features Gutters Sidewalks

County Orange

Net Operating Income 17866.0

Operating Expense 91273.0

Insurance Expense 10005.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name other

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions South of W 17th St and East of N Flower St.

City Santa Ana

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 16

MLS Area 70 - Santa Ana North of First

Lot Size Square Feet 10206.0

Private Pool N

Waterfront Y/N N

Carport Spaces 0.0

Carport Y/N N

Street Name Durant

Listing Terms Cash CashtoNewLoan Contract Item1031Exchange Submit

Property Attached Y/N Y

Land Lease Y/N N

Tax Annual Amount 43927.0

Electric Expense 4525.0

Home Warranty Y/N N

Fuel Expense 4525.0

Trash Expense 4525.0

Water Sewer Expense 4525.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 11

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 15

Total Actual Rent 22636.0

Property Sub Type Additional Apartment

Taxes 43927.0

Cap Rate 4.92

Exterior

Parking Features ControlledEntrance

Water Source Public

Total Parking 16.0

Lot Size Area 10206.0

Number of Buildings 1

Spa N

Building Area Total 12506.0

Lot Size Acres 0.2343

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 17

Number of Separate Electric Meters 17

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 3

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1328

* Excluded Features

List By

Morgan Skenderian

Broker

(949) 251-8800

Phone

Affordability Calculator

$27,554

Per Month

Monthly Principal & Interest: $23,893
Monthly Property Taxes: $3,661
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Santa Ana, CA

Average List Price ^$1,652,589

Percent of Sale Price 54%

About Santa Ana, CA

331,906 Population

-2% Since 2002

^$55,844 Median Income

32.48 Median Age

43% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2024	$3,595,000		Listed Price

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1328 N Durant Street, Santa Ana, CA, 92706 is a Multi-Family Home for sale at $3,595,000 with 12,506 sqft and a lot size of 0.2343. 1328 N Durant Street has 16 bedrooms, 1.0 baths, and was built in 1979. The property's zip code is 92706 which is in Santa Ana, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/29/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1328 N Durant Street

Multi-Family Home for sale in Santa Ana, CA

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