Two-Unit Duplex Apartment
For Sale
$1,350,000
2210 E Buffalo, Santa Ana, CA 92705
Two spacious residential units offer updated systems, garage parking, and private outdoor areas within the North Tustin School District.
Property Size2,630 SF
Price / SF$513.31
Days on Market66
Property Features for 2210 E Buffalo
General Information
Standard status
Active
Size
2,630 SF
Property subtype
Apartment
Amenities
back yard area
large patio
air conditioning
laundry hookups
dishwashers
updated flooring
Building Details
Building Size
2,630 SF
Year Built
1976
Year Renovated
2021
Buildings
1
Tenancy
Multi
Listing Agency:
Morgan Skenderian
Listed By:
Michael Arp · License #01488586
Source:
Altamirarealty
Added: May 28
Changed: Jul 31
Last Checked: Aug 1 at 11:11AM
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 Morgan Skenderian
Investment Insights
Based on property information with market context.
This duplex apartment building contains 2,630 square feet configured as two 3-bedroom, 2-bathroom units. Both units include air conditioning, laundry hookups, dishwashers, updated flooring, and garage parking. Outdoor features include a backyard area serving the 2210 unit and a large patio serving the 2212 unit.
The property was built in 1976, completely re-piped with a lifetime warranty in 2016, and includes upgraded HVAC units. The kitchen in the 2210 apartment was remodeled in 2021. Located in unincorporated Santa Ana within the North Tustin School District, the property is served by Hewes Middle School and Foothill High School.
The property was built in 1976, completely re-piped with a lifetime warranty in 2016, and includes upgraded HVAC units. The kitchen in the 2210 apartment was remodeled in 2021. Located in unincorporated Santa Ana within the North Tustin School District, the property is served by Hewes Middle School and Foothill High School.
Key Highlights
- Two 3‑bedroom, 2‑bathroom units within a 2,630‑square‑foot duplex
- Completely re‑piped in 2016 with a lifetime warranty
- Kitchen in the 2210 apartment remodeled in 2021
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.0k | $27.00 |
| − Vacancy | −$3.0k | −$1.15 |
| EGI | $68.0k | $25.85 |
| − OpEx | −$20.4k | −$7.75 |
| NOI | $47.6k | $18.09 |
2,630 SF · lease $27.00/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$679.8K
$594.8K – $793.1K
NOI $47,585 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$603.9K
$528.4K – $704.5K
NOI $42,271 @ 7.0% cap · market cap 3.13%
Theoretical Best
Specialty Retail
$790.4K
$691.6K – $922.2K
NOI $55,329 @ 7.0% cap · market cap 4.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,976
Businesses Nearby
Explore this area
Business Placement
Demographics for 92705, CA
45,902
Population
16,642
Households
2.8
Avg Household Size
40
Median Age
46%
College-Educated
87%
High-School Grad
11.8 sq mi
ZIP Area
3,890
Density / Sq Mi
$125,928
Median Household Income
$51,830
Median Earnings
$2,250
Median Rent
$1,135,600
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?
Duplex - Two spacious residential units offer updated systems, garage parking, and private outdoor areas within the North Tustin School District.
Where is this duplex located?
The property is located at 2210 E Buffalo Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bathroom units within a 2,630‑square‑foot duplex; Completely re‑piped in 2016 with a lifetime warranty; Kitchen in the 2210 apartment remodeled in 2021
