Multifamily Building in Santa
1239 Brook Street West Santa Ana, CA 92703
1239 Brook Street West, Santa Ana, CA, 92703
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For Sale
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12-unit multifamily building with upside potential in Santa Ana.
Days on Market161
Property Features for 1239 Brook Street West
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1964
Listing Agency
The Mogharebi Group Orange County
(562) 260-0940
Listed by
Mike Marcu · License #CA 00919594
Source
Crexi
Added: Feb 6 Checked: Jul 15 at 12:02 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Mogharebi Group Orange County
Investment Insights
Based on property information with market context.
The property at 1239 West Brook Street is a 12-unit multifamily building in Santa Ana, California. This two-story building contains 12 one-bedroom, one-bath apartment units. The units feature functional floorplans. Offered at a 10.93 Gross Rent Multiplier and a 5.25% capitalization rate, the property provides an attractive basis with potential for rental growth. The property is part of the Brook Street portfolio, which includes additional properties at 1227 West Brook Street (11 units), 1207-1213 West Brook Street (18 units), and 1221 West Brook Street (11 units). These four properties are structured to close concurrently but can be purchased individually or in combination. The portfolio benefits from strong occupancy, proximity to major employment corridors, and convenient access to the 5, 22, 55, and 405 freeways.
Key Highlights
- Attractive 5.25% capitalization rate with potential for rental growth.
- Desirable unit mix of 12 one‑bedroom, one‑bath apartment units.
- Part of the Brook Street portfolio, offering flexibility to purchase individually or in combination with other properties.
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FAQs
What type of property is this?
Apartment building - 12-unit multifamily building with upside potential in Santa Ana.
Where is this apartment building located?
The property is located at 1239 Brook Street West Santa Ana, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Attractive 5.25% capitalization rate with potential for rental growth.; Desirable unit mix of 12 one‑bedroom, one‑bath apartment units.; Part of the Brook Street portfolio, offering flexibility to purchase individually or in combination with other properties.
