931 South Standard Avenue

Santa Ana, CA 92701

$4,525,000
Last Sold Price
1
Beds
1
Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

With a proven market rent upside, including a RUBS program for water, sewer, and trash, this offering provides an attractive "Going In" capitalization rate approaching 5% and a very attractive "Market Rent" capitalization rate. The existing loan of approximately $3,170,000 can be assumed, at a fixed interest rate of 2.90%, or a new loan can be placed on the property. Rents are effective March 1st, 2023.With a proven market rent upside, including a RUBS program for water, sewer, and trash, this offering provides an attractive "Going In" capitalization rate approaching 5% and a very attractive "Market Rent" capitalization rate. The existing loan of approximately $3,170,000 can be assumed, at a fixed interest rate of 2.90%, or a new loan can be placed on the property. Rents are effective March 1st, 2023.
  1. Listed by Mike Marcu • DRE #00919594 • Mike Marcu, Broker

Property Details for 931 South Standard Avenue

City Postal ID
OC - SANTA ANA (92701)

Location

Listing Courtesy of Mike Marcu, Broker, Mike Marcu, DRE #00919594

Sold By Mike Marcu, Broker, Mike Marcu, DRE #00919594

Add your commute
LISTING UPDATED: 10/17/2023 09:55 PM

Property Details for 931 South Standard Avenue

StatusSold
MLS #OC23027454
Days on Market243
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.18 AC / 7,840 SF
CountyOrange County

Location

Listing Courtesy of Mike Marcu, Broker, Mike Marcu, DRE #00919594

Sold By Mike Marcu, Broker, Mike Marcu, DRE #00919594

Add your commute

Building Information for 931 South Standard Avenue

Stories2Residences-Year Built-Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$27,077 per month

30 year fixed, 7.25% Interest

Principal and Interest

$24,695

Property Taxes

$2,382

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 931 South Standard Avenue

Summary Information
Property and Location
  • System ID: 305873852
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Street Number Numeric: 931
  • Street Direction: S
  • Street Name: Standard Avenue
  • Directions To Property: McFadden west to Standard North
HOA and Fees
  • Home Owner Fees: $0
  • Monthly Total Fees: $248
  • CFD/Mello-Roos Fee: $2,981
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: With a proven market rent upside, including a RUBS program for water, sewer, and trash, this offering provides an attractive "Going In" capitalization rate approaching 5% and a very attractive "Market Rent" capitalization rate. The existing loan of approximately $3,170,000 can be assumed, at a fixed interest rate of 2.90%, or a new loan can be placed on the property. Rents are effective March 1st, 2023.
Interior and Exterior Features
Exterior Features
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size: 7,500-10,889 SF
  • Lot Size Source: Assessor Record
  • Site: Curbs
  • Zoning: Assessor
  • Assessors Parcel Num: 01125103
Utilities
  • Sewer/Septic: Sewer Connected
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Parking Garage Unit 1: Assigned
  • Unit 1 Num of Bedrooms: 1
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Rent Actual: $33,196

Property History for 931 South Standard 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 931 South Standard Avenue

Taxable ValueLand$2,093,805Additions$208,080Total$2,301,885
Tax Record2023$28,580 ($2,382 / month)
Home Facts
Total Finished SqFt7,387 SqFtAbove Grade Finished SqFt7,387 SqFtStories2Lot Size7,802 SqFtStyleMulti-Family Res (5+ Units)Year Built1958CountyORANGEAPN011-251-03

Schools near 931 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

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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Similar Sold Homes

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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 Mike Marcu, Broker, Mike Marcu, DRE #00919594

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.