CA > Santa Ana > French Park Condos (Frpc)
Santa Ana, CA 92701,802 N Spurgeon ST
Santa Ana, CA 92701,802 N Spurgeon ST
Santa Ana, CA 92701,802 N Spurgeon ST
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Elite Real Estate Group

Elite Real Estate Group

$1,950,000
Est. payment /mo
9,313 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision French Park Condos (Frpc)

MLS Listing ID PW25143945

HOA Y/N No

Year Built 1937

Lot Size 9,313 Sqft

Property Sub-Type Mixed Use

Property Description

An excellent opportunity to acquire a 6-unit multifamily building in Santa Ana. Located at 802 N Spurgeon St, this multifamily asset was built in 1937. It offers (4) 2 bed + 1 bath units and (2) 1 bed + 1 bath units that also have additional dining rooms. Residents of the property enjoy use of an off-street parking a lot, as well as three garages for additional storage. The buildings boast a total of 5,042 gross rentable square feet on a large 9,288 square foot corner lot. Tenants enjoy the ability to quickly walk to food halls, bars, restaurants and stores in the Downtown area. Buyers will notice a number of similar sized apartment buildings in the neighborhood that have been beautifully renovated to include luxury finishes and cater to a high-end tenant demographic. These neighboring properties serve as an excellent proof of concept for what can be done with this property and the achievable market rental income.

-6 charming units in Historic French Park
-Large 9,288 square foot lot
-Solid in-place income and significant upside
-Walking distance to 4th Street & Downtown Santa Ana
-Most rapidly gentrifying neighborhood in Santa Ana

Location

State CA

County Orange

Area 70 - Santa Ana North Of First

Interior

Heating Forced Air

Fireplace No

Laundry None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Suburban

Total Parking Spaces 3

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 39801605

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Justin White Justin White 714.231.2537

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Elite Real Estate Group

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802 N Spurgeon ST