931 935 S Standard Avenue, Santa Ana, CA 92701
Property
Sold October 2023
Listing Agent: Mike Marcu (DRE #00919594) · Listing Office: Mike Marcu, Broker · Contact: 562-260-0940 · Bought with: Mike Marcu · Mike Marcu, Broker · MLS #OC23027454 · Source: CRMLS
7,841 sqft
Lot Size
1958
Year Built
Property
Type
2
Stories
0
Garage
About this property
With a proven market rent upside, including a RUBS program for water, sewer, and trash, this offering provides an attractive "Going In" capitalization rate approaching 5% and a very attractive "Market Rent" capitalization rate. The existing loan of approximately $3,170,000 can be assumed, at a fixed interest rate of 2.90%, or a new loan can be placed on the property. Rents are effective March 1st, 2023.
Listing description from the October 2023 sale, as reported to CRMLS.
Sale history
$4,525,000
Sold October 2023 · listed $5,180,000, on market February 2023 · MLS #OC23027454 · Source: CRMLS
Listing Agent: Mike Marcu · Listing Office: Mike Marcu, Broker · Contact: 562-260-0940 · Bought with: Mike Marcu · Mike Marcu, Broker