Santa Ana, CA 92703,1113 W Walnut ST
Santa Ana, CA 92703,1113 W Walnut ST
Santa Ana, CA 92703,1113 W Walnut ST
Santa Ana, CA 92703,1113 W Walnut ST
Santa Ana, CA 92703,1113 W Walnut ST
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$1,650,000

$1,800,000

8.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

0.26 Acres Lot


SOLD DATE : 05/26/2022

Key Details

Sold Price $1,650,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC22088690

Sold Date 05/26/22

HOA Y/N No

Year Built 1978

Lot Size 0.260 Acres

Property Description

1113 West Walnut Street is a 6-unit, value-add multifamily investment property located in Santa Ana, CA. Built in 1978, 1113 West Walnut Street offers a desirable unit mix consisting exclusively of two-bedroom floor plans and amenities including private patios or balconies and garage parking. Additionally, there is ample opportunity for a new owner to begin a comprehensive renovation plan that should generate a substantial increase in rental income. 1113 West Walnut Street has an excellent central Santa Ana location, situated less than 1 mile from Downtown Santa Ana and the bustling 4th Street Market. The property is also located within 1 mile of Santa Ana College, which has an annual enrollment of over 27,000 students and employs over 3,500 staff members, placing residents in close proximity to a major employment and housing driver. Furthermore, 1113 West Walnut Street is positioned 1.50 miles from Interstate 5, providing residents with easy access to employment hubs throughout Orange and Los Angeles Counties.

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Lawn, Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 00822119

Energy Description 2400.0

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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CRMLS – RECore
Listed by Tyler Leeson Marcus & Millichap RE Invest
Bought with Tyler Leeson Marcus & Millichap RE Invest

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Valerie Castle
Valerie Castle

Managing Broker, JD | Lic# DRE# 01065018/02178736

+1(805) 749-3777

4744 Telephone Rd. # 3-227, Ventura, CA, 93003

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