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315 S Garnsey St
Santa Ana, CA 92701 Santa Ana

$1,300,000 USD

Apartments For Sale  •  3,036 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,036 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1964
  • Zoning R3, Santa Ana
51 Transit Score
68 Walk Score

Highlights

Value- Add Investment Opportunity
100% One-Bedroom Floorplans
Projected ±51% in Rental Upside
Potential ADU Conversion Opportunity
Amenities Include: 3 Garage Spaces, 4 Open Parking Spaces, and On-Site Laundry Facility
Projected 6.0% CAP Rate on Market Rents, 5.2% Cash on Cash Return, 5.8% Total Return

Amenities

  • Balcony
  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
Santa Ana (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 1.9 mi
Orange (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 4.4 mi
AirportDriveWalkDistance
John Wayne/Orange County 11 min - 5.5 mi
Long Beach (Daugherty Field) 29 min - 21.1 mi
Ontario International 48 min - 36.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Justin Butler 949-202-7255 Kirklen Investment Group
Justin Butler 949-202-7255 Kirklen Investment Group