1210 South Pacific Avenue

Santa Ana, CA 92704

$3,625,000
Last Sold Price
1
Beds
1
Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

The Pacific Avenue Apartments are located at 1210-1214 South Pacific Avenue in Santa Ana, one of the strongest rental markets in Southern California. The property offers a unit mix consisting of (16) one-bedroom/ one-bathroom units totaling 8,396 square feet, situated over two parcels. The subject property has recently gone through extensive interior and exterior renovations. Some upgrades include but are not limited to new flooring, new kitchens, updated bathrooms, new asphalt, and new electric....The Pacific Avenue Apartments are located at 1210-1214 South Pacific Avenue in Santa Ana, one of the strongest rental markets in Southern California. The property offers a unit mix consisting of (16) one-bedroom/ one-bathroom units totaling 8,396 square feet, situated over two parcels. The subject property has recently gone through extensive interior and exterior renovations. Some upgrades include but are not limited to new flooring, new kitchens, updated bathrooms, new asphalt, and new electric. Common area amenities include a large courtyard, gated access, ample on-site parking, and an 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, turn-key investment property in the desirable rental market of Santa Ana, California.
  1. Listed by Greg Bassirpou • DRE #01365951 • Marcus & Millichap RE Invest

Property Details for 1210 South Pacific Avenue

City Postal ID
OC - SANTA ANA (92704)

Location

Listing Courtesy of Marcus & Millichap RE Invest, Greg Bassirpou, DRE #01365951

Sold By San Diego, NON LISTED AGENT, DRE #02038545

Add your commute
LISTING UPDATED: 08/02/2021 12:47 PM

Property Details for 1210 South Pacific Avenue

StatusSold
MLS #OC21070501
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.32 AC / 13,982 SF
CountyOrange County

Location

Listing Courtesy of Marcus & Millichap RE Invest, Greg Bassirpou, DRE #01365951

Sold By San Diego, NON LISTED AGENT, DRE #02038545

Add your commute

Building Information for 1210 South Pacific Avenue

Stories2Residences-Year Built-Building Size-Lot Size0.32 AC / 13,982 SF

Payment Calculator

$21,661 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,783

Property Taxes

$1,878

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1210 South Pacific Avenue

Summary Information
Property and Location
  • System ID: 303054522
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Street Number Numeric: 1210
  • Street Direction: S
  • Street Name: Pacific Avenue
  • Directions To Property: Please do not disturb tenants. Make all offers subject to inspection.
HOA and Fees
  • Home Owner Fees: $0
Supplement
  • Supplement: The Pacific Avenue Apartments are located at 1210-1214 South Pacific Avenue in Santa Ana, one of the strongest rental markets in Southern California. The property offers a unit mix consisting of (16) one-bedroom/ one-bathroom units totaling 8,396 square feet, situated over two parcels. The subject property has recently gone through extensive interior and exterior renovations. Some upgrades include but are not limited to new flooring, new kitchens, updated bathrooms, new asphalt, and new electric. Common area amenities include a large courtyard, gated access, ample on-site parking, and an 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, turn-key investment property in the desirable rental market of Santa Ana, California.
Interior and Exterior Features
Exterior Features
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size Source: City/County Records
  • Site: Sidewalks
  • Zoning: Public Rec
  • Assessors Parcel Num: 10941203
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Unit 1 Num of Bedrooms: 1
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Rent Actual: $23,052

Property History for 1210 South Pacific Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1210 South Pacific Avenue

Taxable ValueLand$1,687,080Additions$161,670Total$1,848,750
Tax Record2023$22,539 ($1,878 / month)
Home Facts
Total Finished SqFt4,198 SqFtAbove Grade Finished SqFt4,198 SqFtStories2Lot Size7,084 SqFtStyleMulti-Family Res (5+ Units)Year Built1957CountyORANGEAPN109-412-03

Schools near 1210 South Pacific 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
Charter - K to 8
Rating
School
Distance
Monte Vista Elementary School
PublicK to 5

Gerald P. Carr Intermediate School
Public6 to 8

Valley High School
Public9 to 12

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.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap RE Invest, Greg Bassirpou, DRE #01365951

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.