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609 N Baker St
Santa Ana, CA 92703 Flower Park

Price Upon Request

Apartments For Sale  •  8,926 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,926 SF
  • Lot Size 0.64 AC
  • Building Class C
  • Year Built 1953
  • Zoning R4
51 Transit Score
85 Walk Score

Highlights

Rare Santa Ana Location Directly Next to Civic Center & Downtown
6.38% CAP Rate and 6.81% Cash-on-Cash Return on Current Income
Attractive Unit Mix Consisting of 100% Single-Story Two-Bedroom Units / Recent Renovations and Upgrades of Interiors & Exterior Including New Roofs
On-Site Parking Including (12) Enclosed Garages / Building Owned, On-Site Laundry Facility / Individual Water Heaters
25% Upside in Rents
Easy Access to Freeways and Close to Schools, Retail, Employment, & Entertainment

Financial Summary (Actual)

Net Operating Income: $236,170 USD (2024)
Total Expenses: $79,969 USD

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 - 4.3 mi
AirportDriveWalkDistance
John Wayne/Orange County 11 min - 5.9 mi
Long Beach (Daugherty Field) 27 min - 20.1 mi
Ontario International 47 min - 36.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes