We are pleased to present 1146-1150 W. Brook Street, a bread butter portfolio consisting of 14 apartment units. Priced at only $197,000 per unit, this portfolio is the most affordable asset on the market in Orange County. With a projected 37% in rental upside the new investor can realize an immediate cash flow on the current rents with tremendous growth built in for the future. Located within the Pico – Lowell neighborhood, a quiet suburban community within arm’s reach of Santa Ana’s finest amenities. Several grocery stores and corner markets around the neighborhood make it easy to pick up daily necessities without having to drive anywhere. Lowell, Pio Pico, and Martin Luther King Jr. Elementary Schools and Mater Dei High School are all within easy walking distance of most homes in the neighborhood, giving local students the option to head to class on foot. Just northeast of the neighborhood, folks have direct access to Flower Street Park and Angels Community Park, as well as the dining, entertainment, and artistic attractions surrounding Historic 4th Street. These attractive attributes are what keep long-term paying tenants and occupied units.
MLS #
CRPW23156288
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.50
Laundry
Community Facility
Cooling
None
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | – |
1146 -1150 W. Brook St is a Residential Income in Santa Ana, CA 92703. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1959.
This address can also be written as 1146 -1150 W. Brook St, Santa Ana, CA 92703.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of February 28, 2024. For the most current information, please contact Rick Applebaum