1416 North Spurgeon Street

Santa Ana, CA 92701

$4,580,000
Price
1
Beds
20
Baths
10,887 Sq. Ft.
$421 / Sq. Ft.
10,887
Sq. Ft.
$421
per Sq. Ft.

Description

Value add opportunity! Submit all offers! Cheapest price per unit property in santa ana! We are pleased to offer for sale this well-located gated property in the highly desirable French Park neighborhood that's located in the North end of the Historic French Park neighborhood. This property is well located and next to an Elementary School, Shopping, Restaurants for tenants, and the freeway. This property is located just minutes away from the Old Orange County Courthouse, Police department, and Santa...Value add opportunity! Submit all offers! Cheapest price per unit property in santa ana! We are pleased to offer for sale this well-located gated property in the highly desirable French Park neighborhood that's located in the North end of the Historic French Park neighborhood. This property is well located and next to an Elementary School, Shopping, Restaurants for tenants, and the freeway. This property is located just minutes away from the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1978 construction community is individually metered for both Gas & Electric (tenant pays for this) and is 100% occupied with huge rental upside. This community also has on site laundry room (that is owned) and has plenty of parking space (offering both garages & covered gated parking). Cheapest price per unit property in santa ana! Submit all offers! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Please call listing office for more information.
  1. Listed by Ruben Khorsandi • DRE #01085411 • Brokerage DRE #01906154 • Alliance Investment RE Group • 949-683-6662

Property Details for 1416 North Spurgeon Street

Parking Spaces Total
22
Private Pool
No
Total Units
20.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
10887
Assessor Parcel Number
398-133-29
Property Attached YN
true

Location

Listing Courtesy of Alliance Investment RE Group, Ruben Khorsandi, DRE #01085411
Add your commute
LISTING UPDATED: 04/12/2024 03:21 AM

Property Details for 1416 North Spurgeon Street

StatusActive
MLS #OC24071887
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1978
CountyOrange County

Location

Listing Courtesy of Alliance Investment RE Group, Ruben Khorsandi, DRE #01085411
Add your commute

Building Information for 1416 North Spurgeon Street

Building/Complex1416 N Spurgeon StFloor-Stories2Residences-Pet Policy-Year Built1978Building Size-

Payment Calculator

$27,902 per month

30 year fixed, 7.25% Interest

Principal and Interest

$24,995

Property Taxes

$2,907

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1416 North Spurgeon Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $305,544
  • Gross Scheduled Income: $305,544
  • Net Operating Income: $216,560
  • Laundry Income: $3,000
Expense Details
  • Operating Expense: $88,984
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $88,984
Tax / Assessment Info
  • Tax Tract Number: 468
  • Tax Census Tract: 750.04
  • CFD/Mello-Roos Fee: $5,116
  • Tax Lot: 15
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 16-20 Units/Acre
  • Number Of Units: 20
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Uncovered Spaces: 16
  • Open Other Spaces Total: 16
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $5,740
  • Unit Type Total Rent: $5,740
  • Unit Type Pro Forma: 6380
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 16
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $19,472
  • Unit Type Total Rent: $19,472
  • Unit Type Pro Forma: 23200
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 20
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 21
  • Number Of Separate Gas Meters: 21
  • Number Of Separate Water Meters: 1

Property History for 1416 North Spurgeon Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1416 North Spurgeon Street

Taxable ValueLand$1,413,914Additions$1,272,519Total$2,686,433
Tax Record2023$34,881 ($2,907 / month)
Home Facts
Total Finished SqFt10,887 SqFtAbove Grade Finished SqFt10,887 SqFtStories2Lot Size14,697 SqFtStyleMulti-Family Res (5+ Units)Year Built1978CountyORANGEAPN398-133-29

Schools near 1416 North Spurgeon Street

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
Wallace R. Davis Elementary School
PublicK to 5

Sierra Preparatory Academy
Public6 to 8

Santa Ana 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

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1416 North Spurgeon Street is a multi-family home for sale in Santa Ana, CA 92701. This property was listed for sale on April 11, 2024 by Alliance Investment RE Group, it's currently listed at $4,580,000. It has been on the market for a total of 18 days and was last sold on July 10, 2013. This listing's school district is Santa Ana Unified School District. Nearby schools include Wallace R. Davis Elementary School, Sierra Preparatory Academy and Santa Ana High School. 1416 North Spurgeon Street is a 1-bed, 20-bath, 10,887 sqft multi-family home built in 1978.

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 Alliance Investment RE Group, Ruben Khorsandi, DRE #01085411

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.