1806 North Spurgeon Street

Santa Ana, CA 92706

$3,800,000
Price
12
Beds
24
Baths
14,526 Sq. Ft.
$262 / Sq. Ft.
14,526
Sq. Ft.
$262
per Sq. Ft.

Description

Great investment opportunity in Santa Ana. This 20 units apartment has been under long-term ownership with professional management for over 20 years. This easy-to-manage property is secured by electronic gate opener. First floor of the building is parking space and all the units are on 2nd and 3rd floor. This wonderful apartment is located in the heart of orange county, with easy access to the 5 freeway and close to public transportation, shopping, restaurants, and markets. All units are individually...

Property Details for 1806 North Spurgeon Street

Parking Spaces Total
25
Private Pool
No

Location

Listing Courtesy of Summit Mortgage & Realty, Alex Yang, DRE #01083400

Property Details for 1806 North Spurgeon Street

StatusPending
MLS #TR21081726
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1984
CountyOrange County

Contact a Compass agent

Location

Listing Courtesy of Summit Mortgage & Realty, Alex Yang, DRE #01083400

Building Information for 1806 North Spurgeon Street

Building/Complex1806 N Spurgeon StFloor-Stories3Residences-Pet Policy-Year Built1984Building Size-

Payment Calculator

$12,735 per month

30 year fixed, 2.95% Interest

Principal and Interest

$12,735

Property Taxes

HOA Dues

$0

Property Information for 1806 North Spurgeon Street

Property Features
    Interior Features
  • Common Walls: 2+ Common Walls
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Levels: Three Or More
  • Number of 3 Quarter Bathrooms: 0.0
  • Baths One Quarter: 0.0
  • Total Units: 20.0
    Exterior Features
  • Pool Features: None
    Parking Info
  • Carport Spaces: 25
  • Garage Spaces: 0
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Property Attached YN: true
  • Parcel Number: 00314143
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Stories Total: 3
  • Year Built: 1984
  • Year Built Source: Estimated
    Measurements / Dimensions
  • Building Area Total: 14526
  • Building Area Units: Square Feet
  • Living Area: 14526
Community/Development / Location Info
    School/Location Info
  • Zip Code: 92706
  • Street Number Numeric: 1806.0
  • Street Name: Spurgeon
  • Street Direction Prefix: N
  • Street Suffix: Street
  • Country: US
  • County Or Parish: Orange
  • Directions: 5 Freeway, exit 17th St, turn north on N. Spurgeon St.
  • Area: Santa Ana North of First (70)
    Association Information
  • Community Features: Urban
  • Subdivision Name: Other (OTHR)
  • Subdivision Name Other: Santa Ana Triangle
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Census Tract: 750.04
  • Tax Lot: 6
  • Tax Tract Number: 524
  • Zoning: Estimated
    Income Details
  • Cap Rate: 3.67
  • Gross Income: $249,264
  • Gross Multiplier: 15.24
  • Gross Scheduled Income: $249,264
  • Net Operating Income: $164,527
    Expense Details
  • Electric Expense: $2,003
  • Fuel Expense: $870
  • Insurance Expense: $5,385
  • New Taxes Expense: $17,763
  • Operating Expense: $84,737
  • Professional Management Expense: $12,310
  • Total Expenses: $84,737
  • Trash Expense: $4,259
  • Water Sewer Expense: $8,482
Unit Information
    Unit 1
  • Unit Type Actual Rent: $1,100
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 13200
  • Unit Type Units Total: 12
  • Unit Type Total Rent: $12,460
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $1,200
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 4800
  • Unit Type Units Total: 4
  • Unit Type Total Rent: $4,300
  • Unit Type Type: 2
    Unit 3
  • Unit Type Actual Rent: $1,400
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 6000
  • Unit Type Units Total: 4
  • Unit Type Total Rent: $5,200
  • Unit Type Type: 3
    Multi-Unit Info
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 20
  • Number Of Separate Water Meters: 1
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: Yes
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Acres: .26
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 11208
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer

Property History for 1806 North Spurgeon Street

DateEvent & SourcePriceAppreciation
Apr 21, 2021

Pending

CRMLS #TR21081726

Apr 21, 2021

Pending

SDMLS #TR21081726

Apr 21, 2021

Pending

CLAW #TR21081726MR

DateEvent & SourcePrice
04/21/2021

Pending

CRMLS #TR21081726

04/21/2021

Pending

SDMLS #TR21081726

04/21/2021

Pending

CLAW #TR21081726MR

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

Public Records for 1806 North Spurgeon Street

Taxable ValueLand$301,894Additions$859,224Total$1,161,118
Tax Record2020$17,901 ($1,492 / month)
Home Facts
Total Finished SqFt14,704 SqFtAbove Grade Finished SqFt14,704 SqFtLot Size11,208 SqFtStyleMulti-Family Dwelling (2-4)Year Built1984CountyORANGEAPN003-141-43

Schools near 1806 North Spurgeon Street


SchoolTypeGradesDistanceRating
Hoover Elementary SchoolPublicK-50.4 mi
5
Central Orange County Cte Partnership (Ctep)Public10-120.4 mi
NR
OcsaCharter7-120.5 mi
10
El Sol Santa Ana Science And Arts AcademyCharterK-80.6 mi
7

Hoover Elementary School

K-5, 0.4 mi, Public

5

Central Orange County Cte Partnership (Ctep)

10-12, 0.4 mi, Public

NR

Ocsa

7-12, 0.5 mi, Charter

10

El Sol Santa Ana Science And Arts Academy

K-8, 0.6 mi, Charter

7

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.

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Summit Mortgage & Realty, Alex Yang, DRE #01083400

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association 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 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.