1013 South Standard Avenue
1013 South Standard Avenue
$5,580,000
1
24
14,776
14,776
$378
Closed 6/21/21
Description
The Standard Avenue Apartments are located in the City of Santa Ana, one of the strongest rental markets in Southern California. The City of Santa Ana is a historic city with a vibrant downtown located in Orange County. Built in 1958, the subject property offers a unit mix consisting of (24) one-bedroom/ one-bathroom units totaling 14,776 square feet, situated over two parcels totaling 15,764 square feet. The subject property has recently gone through an extensive exterior renovation and partial...The Standard Avenue Apartments are located in the City of Santa Ana, one of the strongest rental markets in Southern California. The City of Santa Ana is a historic city with a vibrant downtown located in Orange County. Built in 1958, the subject property offers a unit mix consisting of (24) one-bedroom/ one-bathroom units totaling 14,776 square feet, situated over two parcels totaling 15,764 square feet. The subject property has recently gone through an extensive exterior renovation and partial interior renovations. Some upgrades include but are not limited to new flooring, new kitchens, updated bathrooms, new roofs, new windows, new asphalt, new electric, and fresh interior and exterior paint. Common area amenities include a large courtyard, gated access, ample on-site parking, and a on-site, building-owned laundry facility. This offering represents a rare opportunity for an investor to achieve a 5% CAP Rate and 10.4% Cash-on-Cash/Total Return on current income for a stable, turnkey investment property in the desirable rental market of Santa Ana, California.
- Listed by Greg Bassirpou • DRE #01365951 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest
Property Details for 1013 South Standard Avenue
Parking Spaces Total
0
Private PoolNo
Total Units24.0
Building TypeDetached
Living Area14776
Assessor Parcel Number011-251-09
Property Attached YNfalse
Common WallsNo Common Walls
Location
LISTING UPDATED: 06/22/2021 05:55 AM
Property Details for 1013 South Standard Avenue
Status | Closed |
---|---|
MLS # | OC21048187 |
Days on Market | 35 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1958 |
Lot Size | 0.36 AC / 15,764 SF |
County | Orange County |
Location
Building Information for 1013 South Standard Avenue
Stories2Residences-Year Built1958Building Size-Lot Size0.36 AC / 15,764 SF
Payment Calculator
$33,368 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1013 South Standard Avenue
Property History for 1013 South Standard Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1013 South Standard Avenue
Taxable ValueLand$2,464,707Additions$416,160Total$2,880,867
Tax Record2023$34,995 ($2,916 / month)
Home Facts
Total Finished SqFt7,388 SqFtAbove Grade Finished SqFt7,388 SqFtStories2Lot Size7,802 SqFtStyleMulti-Family Res (5+ Units)Year Built1958CountyORANGEAPN011-251-09
Schools near 1013 South Standard Avenue
This home is within Santa Ana Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Theodore Roosevelt Elementary School PublicK to 5 | ||
Julia C. Lathrop Intermediate School Public6 to 8 | ||
Century High School Public9 to 12 | ||
Raymond A. Villa Fundamental Intermediate School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.