Santa Ana Multifamily Investment
For Sale
Contact for pricing
1416 N Spurgeon Street, Santa Ana, CA 92701
Gated multifamily property in desirable French Park neighborhood.
Property SizeContact for details
Days on Market142
Property Features for 1416 N Spurgeon Street
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
Assessor
Occupancy
100%
Net Operating Income
$227,249
Building Details
Year Built
1978
Buildings
1
Stories
2
Units
20
Listing Agency:
Alliance Investment Real Estate Group
(949) 250-0400
Listed By:
Ruben Khorsandi · License #01085411
Source:
Crexi
Added: Mar 26
Changed: Aug 8
Last Checked: Aug 12 at 3:20PM
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 Alliance Investment Real Estate Group
Investment Insights
Based on property information with market context.
Located in the highly desirable French Park neighborhood in Santa Ana, this gated multifamily property presents a value-add opportunity. The property is situated in the north end of the Historic French Park neighborhood, conveniently near an elementary school, shopping, restaurants, and the freeway. Its location offers proximity to the Old Orange County Courthouse, Police Department, and Santa Ana Metrolink Station. Constructed in 1978, this community features individual gas and electric meters for each unit, with tenants responsible for these utilities. The property is currently 100% occupied and offers significant rental upside. On-site amenities include an owned laundry room and ample parking, with both garages and covered gated parking available.
Key Highlights
- Huge rental upside potential due to current 100% occupancy.
- One of the cheapest price per unit properties in Santa Ana.
- Individually metered for gas and electric (tenant paid).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,835
Businesses Nearby
Explore this area
Business Placement
Demographics for 92701, CA
48,789
Population
13,470
Households
3.6
Avg Household Size
32
Median Age
11%
College-Educated
62%
High-School Grad
3.2 sq mi
ZIP Area
15,247
Density / Sq Mi
$68,697
Median Household Income
$33,846
Median Earnings
$1,650
Median Rent
$608,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Gated multifamily property in desirable French Park neighborhood.
Where is this apartment building located?
The property is located at 1416 N Spurgeon Street Santa Ana, CA.
What is the asking price?
The asking price for this property is $4,199,900.
What are key features of this property?
This property features: Huge rental upside potential due to current 100% occupancy.; One of the cheapest price per unit properties in Santa Ana.; Individually metered for gas and electric (tenant paid).
