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Duplex with Two 3BR Units
For Sale
$1,350,000

2210 E Buffalo, Santa Ana, CA 92705

Duplex includes two 3-bedroom, 2-bath units with garage parking, patios, and upgraded mechanicals.

Property Size2,630 SF
Price / SF$513.31
Days on Market149

Property Features for 2210 E Buffalo

General Information

Standard status Active
Size 2,630 SF
Property subtype Apartment

Site & Location

Neighborhood Meredith Parkwood

Additional Details

Multifamily Units 2

Amenities

garage parking
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
Tenancy Multi
Listing Agency: Morgan Skenderian
Listed By: Michael Arp · License #01488586
Source: Altamirarealty
Added: May 28 Changed: Oct 14 Last Checked: Oct 23 at 1:09PM

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

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Investment Insights

Based on property information with market context.

This duplex apartment building features two large 3-bedroom, 2-bath units. The property is approximately 2,630 square feet and offers tenant amenities that include garage parking, back yard area for the 2210 unit, and a large patio for the 2212 unit. Both units also have air conditioning, laundry hookups, dishwashers, and updated flooring.

The building was completely re-piped in 2016 with a lifetime warranty. In 2021, the kitchen of the 2210 apartment was remodeled, and both HVAC units have been upgraded.

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

  • 2,630 SF duplex in unincorporated Santa Ana with two large 3‑bedroom, 2‑bath units
  • Completely re‑piped in 2016 with a lifetime warranty
  • Kitchen in the 2210 unit remodeled in 2021

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,585
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,700 $951.7K
Cap Rate 7%
$679,786 $679.8K
Cap Rate 9%
$528,722 $528.7K
Market Conditions
NOI Build-Up for 2,630 SF
Gross rent
$71.0K $27.00/SF
− Vacancy
−$3.0K −$1.15/SF
EGI
$68.0K $25.85/SF
− OpEx
−$20.4K −$7.75/SF
NOI
$47.6K $18.09/SF
Area
ZIP 92705
Vacancy
4.27%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,700
Cap Rate 7%
$679,786
Cap Rate 9%
$528,722

Alternative Uses

Best Use
Multifamily LT 5
$679.8K
$594.8K – $793.1K (±1% cap)
NOI $47,585 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$603.9K
$528.4K – $704.5K (±1% cap)
NOI $42,271 @ 7.0% cap · market cap 3.13%
Theoretical Best
Specialty Retail
$790.4K
$691.6K – $922.2K (±1% cap)
NOI $55,329 @ 7.0% cap · market cap 4.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,976
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Duplex includes two 3-bedroom, 2-bath units with garage parking, patios, and upgraded mechanicals.
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: 2,630 SF duplex in unincorporated Santa Ana with two large 3‑bedroom, 2‑bath units; Completely re‑piped in 2016 with a lifetime warranty; Kitchen in the 2210 unit remodeled in 2021
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