319 South Birch Street

Santa Ana, CA 92701

$3,775,000
Price
3
Beds
14
Baths
7,912 Sq. Ft.
$477 / Sq. Ft.
7,912
Sq. Ft.
$477
per Sq. Ft.

Description

Highest cap rate on market in orange county! 11 of 14 units recently renovated. Renovations include: brand new subpanels, fixtures, lighting, cabinets, toilets, countertops, bathrooms, wall heaters, interior paint, and re-glazed bathtubs. Most units have large walk in closets! Exterior renovations include: roof repairs, new paint, new parking lot lining, landscape, and signage. The property is situated on a corner lot with ample street parking in addition to 11 parking stalls. The building is walking...Highest cap rate on market in orange county! 11 of 14 units recently renovated. Renovations include: brand new subpanels, fixtures, lighting, cabinets, toilets, countertops, bathrooms, wall heaters, interior paint, and re-glazed bathtubs. Most units have large walk in closets! Exterior renovations include: roof repairs, new paint, new parking lot lining, landscape, and signage. The property is situated on a corner lot with ample street parking in addition to 11 parking stalls. The building is walking distance from santa ana high school, city center and historic downtown santa ana!
  1. Listed by Randall Mycorn • DRE #02078223 • Brokerage DRE #00866406 • R L M Equities • 949-573-5309

Property Details for 319 South Birch Street

View
None
Parking Spaces Total
11
Private Pool
No
Cooling Type
None
Total Units
14.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
7912

Location

Listing Courtesy of R L M Equities, Randall Mycorn, DRE #02078223
Add your commute
LISTING UPDATED: 04/17/2024 10:44 PM

Property Details for 319 South Birch Street

StatusActive
MLS #NP24077229
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1960
Lot Size0.24 AC / 10,454 SF
CountyOrange County

Location

Listing Courtesy of R L M Equities, Randall Mycorn, DRE #02078223
Add your commute

Building Information for 319 South Birch Street

Stories2Residences-Year Built1960Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$22,765 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,602

Property Taxes

$2,163

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 319 South Birch Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $9,348
  • Gross Scheduled Income: $330,036
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $320,621
  • Net Operating Income: $241,347
  • Laundry Income: $1,800
  • Other Income Description: RUBS Estimate*
  • Other Income 1: $7,548
  • Gross Multiplier: 11.44
  • Cap Rate: 6.39
Expense Details
  • Operating Expense: $79,041
  • New Taxes Expense: $45,761
  • Gardener Expense: $1,440
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $6,330
  • Maintenance Expense: $6,300
  • Professional Management Expense: $0
  • Other Expense: $16,000
  • Other Expense Description: All Utl.
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $79,041
Tax / Assessment Info
  • Tax Block: 11
  • Tax Tract Number: 548
  • Tax Census Tract: 746.01
  • Tax Lot: 10
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Range Hood, Water Heater
  • Equipment: Laundry Area
  • Interior Features: Ceiling Fan(s)
  • Room Type: Main Floor Bedroom, Walk-In Closet
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Tile, Vinyl
Exterior Features
  • Roof: Composition
  • Entry Location: 1
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 11-15 Units/Acre
  • Number Of Units: 14
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 12
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,844
  • Unit Type Total Rent: $1,844
  • Unit Type Pro Forma: 2055
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,298
  • Unit Type Total Rent: $2,298
  • Unit Type Pro Forma: 2466
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 319 South Birch 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 319 South Birch Street

Taxable ValueLand$1,624,721Additions$394,810Total$2,019,531
Tax Record2023$25,961 ($2,163 / month)
Home Facts
Total Finished SqFt7,912 SqFtAbove Grade Finished SqFt7,912 SqFtStories2Lot Size10,331 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyORANGEAPN398-286-05

Schools near 319 South Birch Street

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Martin R. Heninger Elementary School
PublicK to 8

Willard Intermediate School
Public6 to 8

Santa Ana High School
Public9 to 12

Nova Academy Early College High
Charter9 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.

319 South Birch Street is a mixed use property for sale in Santa Ana, CA 92701. This property was listed for sale on April 17, 2024 by R L M Equities, it's currently listed at $3,775,000. It has been on the market for a total of 14 days and was last sold on October 13, 2023. This listing's school district is Santa Ana Unified School District. Nearby schools include Martin R. Heninger Elementary School, Willard Intermediate School and Santa Ana High School. 319 South Birch Street is a 3-bed, 14-bath, 7,912 sqft mixed use property built in 1960.

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 R L M Equities, Randall Mycorn, DRE #02078223

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.